Exports of Swiss watches fell again in October compared with the same month of the previous year, although not quite as sharply as in the months before. The sales are being boosted by the Mainland Chinese and recently the Hong Kong market, which experience a year-on-year increase. The Chinese market is performing well due to the country’s quick recovery from coronavirus and because many Chinese now buy luxury goods in their home country instead of, as before Corona, on trips abroad.
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