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October 21, 2015 01:50 pm GMT
There’s much being made about the seemingly swift decline in Swiss watch sales. CultOfMac, as is their wont, is pointing to Apple Watch sales while still others are moaning about millennials who refuse to buy a $6,000 James Bond watch. So what’s really happening? Watch exports fell 8.5% in the last three months, partially due to a slowdown in Asian luxury sales as well as a surge… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/IF_JGgma9wo/
In The Swiss Watch Downturn, Correlation Doesnt Imply Causation (Unless It Does)
There’s much being made about the seemingly swift decline in Swiss watch sales. CultOfMac, as is their wont, is pointing to Apple Watch sales while still others are moaning about millennials who refuse to buy a $6,000 James Bond watch. So what’s really happening? Watch exports fell 8.5% in the last three months, partially due to a slowdown in Asian luxury sales as well as a surge… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/IF_JGgma9wo/
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