The Swiss Watch Industry showed increase in its export value in January compared to year ago figures. According to the Swiss Watch Industry the monthly value stood at 1,6 billion francs, up with 12,6 %. This increase was highlighted by some analysts saying that this means that the two year decline in this luxury & watch industry now is making turn into a positive trend.
The biggest export countries were HongKong, China, USA, UK, Japan and Germany, totalling 847 million francs and with 14,1 % increase. The three biggest countries were HongKong (242 million francs, + 21,3%), China (176 million francs, +44,3%) and USA (163,1, -1,9%).
In the Stock Exchanges, for example the S&P Global Luxury Index is showing + 35,78 % annual increase, while for example the LVMH (MC:FP) share price has increased over 32 % and Kering (KER:FP) over 74 % annually. The Swiss Watch Group Swatch (UHR:SW) has increased over 21 % during the year.