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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

Swiss watch exports, an index of the order books of retailers, were flat in 2018 when compared with 2017.


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...