The impact of Smartwatches on the Swiss watch industry

Apple Watch Hermès with double Tour Epsom calfsking strap. Photo: © Hermès

What are some of the business threats facing the Swiss watch industry? According to the Deloitte Swiss Watch Industry 2015 report titled Uncertain times, the top risk factors will be: i. the strength of the Swiss franc; ii. weaker foreign demand; iii. weaker domestic demand; iv. the shortage of qualified labour; and v. smartwatches. The annual report, the fourth Deloitte … More