Tag: #LuxuryDownturn

Swiss Watchmakers Seek State Aid Amid Luxury Downturn

In an unexpected twist, Swiss luxury watchmakers are turning to government support to combat a downturn that is shaking the foundations of the prestigious industry. As brands such as Girard-Perregaux and Ulysse Nardin actively participate in a state program aimed at preserving jobs, the luxury watch sector faces a challenging reality. The Sowind Group, which […]

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