There was a faculty of optimism at this year’s Salon International de la Haute Horlogerie as Swiss watchmakers predicted a acknowledgment to sunnier bread-and-butter climes and apparent a host of high-end timepieces to accentuate their bullishness.
“In the end, there was no tsunami,” says Franco Cologni. “We’ve been in agitated seas but the amnion are subsiding.” The administrator of the Salon International de la Haute Horlogerie, the invitation-only watch fair captivated in Geneva every January, is cogent whoever will accept that the industry has apparent off the affliction of the crisis.
Indeed, afterwards a difficult 2009, back Swiss watch exports slid by about a quarter, acceptable account ushered in this year’s accident as the aperture day saw affluence accumulation Richemont, which owns 12 of the 19 brands in this show, address a…
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