Posted inLEAD STORY, NEWS, Research
France closes in on UK as top five Swiss watch market as Tourist Tax drives shoppers to the continent
France accounted for 6.3% of Swiss watch exports in May, only just behind the UK’s 6.7%. Historically, France was a bigger market for Swiss watchmakers than the UK, but that changed in 2016 when the British unexpectedly voted to leave the European Union; a referendum result that tanked the pound and triggered a wave of […]
