SINGAPORE (June 29): Last year, Swiss watch exports rebounded to CHF19.9 billion (S$27.3 billion), up 2.7% y-o-y. This is still 7.5% lower than exports of CHF21.5 billion in 2015. The decline and rebound were led by exports to Hong Kong, which is Switzerland’s largest export market for watches
There are two ways to invest in Swiss luxury watches — buy the watch and have the pleasure of wearing it, or buy into the manufacturers or retailers through their parents.
Richemont Group owns A. Lange & Söhne, Baume & Mercier, Cartier, IWC, Jaeger-LeCoultre, Montblanc, Officine Panerai, Piaget, Roger Dubuis, Vacheron Constantin and Van Cleef & Arpels. LVMH Moët Hennessy Louis Vuitton owns Bulgari, Chaumet, Fred Dior, Hublot, TAG Heuer and Zenith... (Click here to read the full story)