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Watch industry hopes to bounce back after global lockdowns lifted

National News // April 22, 2020

The Swiss watch industry is also pinning it hopes on lockdowns being lifted across the world as sales are down over 20%. 

Photo by Piotr Janus on Unsplash Watch industry hopes to bounce back after global lockdowns lifted

The Swiss Watch Federation released numbers yesterday showing a global slump last month – especially in Asia markets. 

But Chinese sales are beginning to recover as lockdowns are eased. 

Analysts say this is a good indictor that sales should bounce back once retailers are allowed to open. 

 

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