For the Swiss watchmaking industry it’s the best of times—and the worst of times.
“Swiss watch manufacturers have never had it so good, especially the major prestigious brands,” says veteran Swiss watch executive Jacques J. Duchêne, president of the Exhibitors’ Committee of BaselWorld, the international trade show in Basel, Switzerland, the world’s largest watch and jewelry show. “2006 was a record year in every respect,” for the third consecutive year. Exports rose 10.9 percent to 13.7 billion Swiss francs (about $11.3 billion).

Jan 28th, 2007
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