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Rolex shuts all plants, prepares for worst year

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The Swiss watch industry has survived lickings before, but Rolex, Omega and Cartier now face a combination of economic punches that are putting them back on their heels.

[ZURICH] The Swiss watch industry has survived lickings before, but Rolex, Omega and Cartier now face a combination of economic punches that are putting them back on their heels.

The industry was just adapting to the downturn from political protests in its largest market, Hong Kong, and...

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