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Detroit's Shinola debuts first brand campaign as Swiss rivals navigate a volatile year

As Swiss watch brands contend with a reshaped US tariff regime and supply disruptions stemming from the conflict in the Middle East, Detroit-based Shinola is making its most ambitious brand statement to date. On Tuesday, the company unveiled its first-ever overarching brand campaign, "Set The Pace," reintroducing the Runwell, the watch that...

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Swiss watch exports tick ahead in April

Exports of Swiss watches ticked ahead nearly 14 percent in April, trade figures showed Tuesday, aided by strong demand from prime market Hong Kong. "After a relatively calm March, growth moved ahead strongly in April," the Federation of the Swiss Watch Industry said, noting exports for the first four months of the year rose 11 percent on the...

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Business

Swiss watch exports plunge on Hong Kong, US slowdown

Global exports of Swiss watches plummeted in March, amid a dramatic contraction of sales in main markets Hong Kong and the United States. Exports fell 16.1 percent from March 2015 to 1.5 billion Swiss francs (1.5 billion US dollars, 1.4 billion euros), the Federation of the Swiss Watch Industry (FHS) said. In 2015, watch exports recorded their...

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