Ezra Klein recently ran a post about a Swiss watch factory fire. I found it interesting that watch sales, particularly of mechanical, Swiss watches are doing exceptionally well lately.
Personally, I haven't worn a watch in forever, as my phone performs that function for me. Yet, according to this article, a nice Swiss watch is on the rise both as a fashion accessory, and as the gift of choice in business and government.
Swiss watches corner the market on mechanical watches, with Swatch being the main company making the components. Also, Swatch is increasingly protective about even selling their components to other companies, so they are poised to continue to profit from the increasing demand for a nice Swiss watch.
No comments:
Post a Comment