Swiss Watchmakers, Time To Change?

High-end watchmakers have signalled a shift in strategy with an expanded range of more affordable products to counter a severe downturn. As Hayley Platt reports, the industry is having to adapt to a market with fewer Russian, Middle Eastern and Chinese buyers.

Video transcript:

It's not been the best of times for high-end watchmakers.

Some of those taking part in a fair in Geneva have had to adjust to a market with fewer buyers from Russia, the Middle East and China.