New Market Research Report: Watches in Switzerland
Although Switzerland saw traditional tourist markets such as Italy, the Netherlands and Japan declining, there was a significant rise in the number of Chinese tourists with high purchasing power in 2013. In 2012, the number of Chinese tourists was 60,000, which was an increase of 25% compared with 2011. One of the industries that benefited strongly from this development was the Swiss watch industry. To deal with the soaring demand, popular shopping streets in major cities attracted a large...
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