Hong Kong Slowdown Hits Swiss Watch Exports
RAPAPORT... Swiss watch exports fell 0.4% to CHF 1.76 billion ($1.75million) in April, amid continued weak demand in Hong Kong.
“The negative change in exports to Hong Kong accentuated theslowdown in growth that began in late 2018,” the Federation of the Swiss WatchIndustry reported Tuesday. The percentage decline suffered from an unfavorable comparison with April 2018, when...