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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.
LONDON/GENEVA (Reuters) -As a U.S. tariff deadline neared this week, Swiss watch manufacturer DuBois et fils rushed to ship ...
American shoppers hit with 60% of costs as import taxes reach 100-year high - Tariffs on U.S. trading partners finally in full effect months after ‘Liberation Day’ announcement and ensuing turmoil and ...
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 ...
PRESIDENT DONALD TRUMP IS ONCE AGAIN unilaterally imposing tariffs affecting the imports of dozens of countries, and just ...
Switzerland will continue talks with the United States, its president said on Thursday, after President Donald Trumpplaced ...
Swatch Group’s CEO Nick Hayek has said he is not concerned about a new tariff rate of 39% for watches entering the United ...
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 ...
With some of the most eyewatering pay checks around, it’s no wonder that footballers are well know for their impressive watch ...
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 ...
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