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Swiss watch exports making a comeback after biggest slump

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Published

4 years ago

on

May 27, 2021

By

ticker NEWS

Swiss watch exports are returning to pre-pandemic levels after their biggest annual slump since the financial crisis.

Shipments rose 2 per cent to 2 billion dollars in April compared with the same month in 2019.

Swiss watch exports fell 22 per cent in 2020 as lockdown shuttered stores.

Swiss Group Chief Executive says he expects a “massive increase” of the summer.

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