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DuBois et fils CEO Thomas Steinemann expects significant price hikes and has blocked US orders, indicating severe repercussions for the Swiss watch industry.
In FY24, Watches of Switzerland acquired the North America distribution rights of the jewelry brand RobertoCoin for around ...
General Motors projects a $4 billion loss, Stellantis, the maker of Jeeps, said it anticipates tariffs will add $1.7 billion ...
Swiss watchmaker Swatch Group (UHR.S) is in trouble with United States (U.S.) tariffs as time runs out. Swatch Group is the ...
The 39 percent U.S. tariff on Swiss watches sent shockwaves through the industry, driving up prices and boosting short-term ...
Ever since watches began bringing order to the ephemeral passage of time, they also started doing something else: breaking.
While the new Swiss tariff isn’t set to go into effect until August 7, Swiss brands are already debating between swallowing the extra cost or passing it directly onto American consumers. Industry ...
US consumers may face steep price hikes on Swiss watches, chocolate, and skincare as 39% tariffs loom, with negotiations ...
With a deadline of this Thursday for a 39% tariff on all Swiss watches entering the United States, industry executives are ...
Swiss President Karin Keller-Sutter is heading to Washington to seek a better trade deal for the Central European nation, ...
Friday was a public holiday in Switzerland, which may explain the watch industry’s silence in the face of a new 39% tariff ...
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