ABU DHABI/AD MEDIA OFFICE The Department of Municipalities and Transport (DMT) has announced the opening of …
Read More »Watchmakers confront US ‘consumer blockage’
Bloomberg Just as a four-year slump in Chinese demand for Swiss watches shows signs of ending, sales in the US, the next-largest market, have wilted. Swiss watchmakers have been caught off-guard as demand keeps sinking this year in the US, which is key for Rolex, LVMH’s TAG Heuer and Richemont’s Baume & Mercier. That’s raising concern that consumers there …
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