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Luxury watch players subdued under cloud of uncertainty

Swiss watch exports to Singapore inched up 0.7% to 1.11 billion Swiss francs in 2018

Published Sun, Feb 3, 2019 · 09:50 PM

Singapore

TWO years after the luxury watch business recovered from a severe slump, it is facing uncertainty again.

In Singapore, managers of a number of upscale watch boutiques on Orchard Road and in the Central Business District from Raffles City to Raffles Place are already moaning about business being "very quiet", with not a single customer walking into the shop on some days.

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