The kids watches manufacturer had to adapt itself to unfavorable influences from the economy, structure and politics. But there is currently a recovery in some markets. We still need keep the positive attitude.
This can be inferred from the overall result of the wristwatch exports, which reached a total of 9.5 million francs in the middle of the year. This result, within the first six months, is comparable to the year 2016, with a minimal deviation of +0.1 percentage points. The overall positive development is mainly due to the markets of China and Great Britain. According to FHS, Europe with a half-year growth of 3.3 percentage points, was the most interesting. The US is still not taking part in this recovery, while certain Asian markets are not very agile.
The forecast about watch industry for the second half of 2017 remains cautiously confident.