Credit Suisse has recently published a major study on the Swiss watches industry. The main topics include: the importance and upsurge of the sector, industrial concentration and distribution, the weight of China and emerging countries. The Credit Suisse report highlights that the watch industry is an economic driving force for Switzerland. Between 2010 and 2012, it recorded an average growth of exports of 17% per year, far ahead of other industries. In 2012, the volume of its sales abroad … [Read more...]