Watches TV October Video... and a startling comment.

  1. Aquagraph

    Aquagraph Nov 7, 2019

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    Watchmaking in the news is always worth a watch, but this one contains a startling comment claiming that 50% of the turnover of the Swatch group is based on sales to China and to Chinese tourists travelling abroad. That must be extremely worrying for the group to have all it's eggs in one basket to that extent... I wonder how much of LVMH's business is similarly China based?
     
    Jim Dollares likes this.
  2. Hubert

    Hubert Nov 7, 2019

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    ^ That commentary is at minute 12.

    Also, at minute ten, the video states that roughly "20% of Swiss exports" go to Hong Kong. Amazing figure.

    The 2021 Baselworld will take place 3 week earlier than before.

    FHH (Fondation de la Haute Horlogerie) will rename the SIHH Geneva event to Watches & Wonders.
     
  3. Mr_Orange

    Mr_Orange Nov 7, 2019

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    This is old news. The 2 shows agreed to run consecutively in order to avoid forcing everyone to come to Switzerland twice during the year.