The watch industry's biggest trade fair is promising an overhaul as attendance plummets. But as brands rely more on direct sales, some question the need for an annual gathering at all.
Swiss watchmakers are confident they can grow sales this year even in the face of a cooling Chinese economy thanks to strengthening demand elsewhere, executives told Reuters at an industry fair on Thursday.
Eighteen to 35 year olds contributed 85 percent of luxury growth last year, finds a new report by UBS.
The world’s largest duty-free seller would gain amid new tariffs.