Swiss watch exports grew by 14.7%

Swiss watch exports grew by 14.7%, and we have the winning proposition.

Swiss watch exports accelerated strongly in August, growing by 14.7% compared with August 2021 to 1.7 billion francs. Growth, therefore, stands at 11.7% two-thirds of the way through the year.
This shows a good indication of the opportunities with mid to higher-range brands like the one we represent of the likes of Philip Watch and Maserati.

Our news brand Philip Watch, for example, has always represented the finest in Swiss watch mechanisms and technology. The brand represents a fantastic option for Canadian Jewellers to access a premium brand alternative to inaccessible swiss made products.

The latest Swiss export reports indicate the type of wristbands and price range that have seen the highest growth compared to 2021. Those market facts are the data that Mr. Ushie Braceiner, Embix's buyer, examines to present a selection of Philip Watch for Canadian jewellers that falls right within the categories that have shown the highest increase to maximize the store's consumer buying cycles.

For instance, watches made from precious metals had a +22.5%). Moreover, performance in the Other materials category more than doubled in a month with a +109.1% increase. It also set the tone in volumes, with an increase of over 170,000 items (+81.0%) compared with August 2021.

Does not a very important fact that gives more insights and directions into how much more watch brands and models you must have available either online or/and in your showcases.

Price points do matter.

From the report, the volume increase was driven mainly by watches priced at less than 200 Swiss francs (about $280 CDN export wholesale price), which increased by 35.3%. Contrarily, the 200-500 Swiss francs category remained sharply negative. Watches priced at over 3,000 Swiss francs grew steadily (+20.2% by value) and had a significant impact on performance in the sector.

Mr. Ushie Braceiner 's selection of Philip Watch available can be reviewed with this link.

We create a bottom: I would like to set a meeting in person or via zoom with your local Philip Watch sales representative.

October 14, 2022 | View: 1171 | Categories: World