In The Swiss Watch Downturn, Correlation Doesn’t Imply Causation (Unless It Does)

By John Biggs

There’s much being made about the seemingly swift decline in Swiss watch sales. CultOfMac, as is their wont, is pointing to Apple Watch sales while still others are moaning about millennials who refuse to buy a $6,000 James Bond watch. So what’s really happening? Watch exports fell 8.5% in the last three months, partially due to a slowdown in Asian luxury sales as well as a surge… Read More

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Source:: TechCrunch Gadgets