--> +ve for Swatch Gorup
Swiss Watch Exports Improved in May on Easier Comps, Exane Says
2014-06-24 09:12:08.904 GMT
By Heather Burke
June 24 (Bloomberg) -- Swiss watch exports rose 1.2%; data
continued to improve, Exane says.
* May had more favorable y/y comp base, with May 2013 -3.9% vs
April 2013 +5.7%
* High end watches (wholesale price >CHF3k) continue to
outperform, cheaper watches (CHF200-CHF500) lagging
* Hong Kong returning to positive annualized growth, Mainland
China trend positive
For Related News and Information:
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To contact the reporter on this story:
Heather Burke in London at +44-20-7673-2044 or
hburke2@bloomberg.net
To contact the editor responsible for this story:
James Ludden at +44-20-7673-2645 or
jludden@bloomberg.net
2014-06-24 09:12:08.904 GMT
By Heather Burke
June 24 (Bloomberg) -- Swiss watch exports rose 1.2%; data
continued to improve, Exane says.
* May had more favorable y/y comp base, with May 2013 -3.9% vs
April 2013 +5.7%
* High end watches (wholesale price >CHF3k) continue to
outperform, cheaper watches (CHF200-CHF500) lagging
* Hong Kong returning to positive annualized growth, Mainland
China trend positive
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Heather Burke in London at +44-20-7673-2044 or
hburke2@bloomberg.net
To contact the editor responsible for this story:
James Ludden at +44-20-7673-2645 or
jludden@bloomberg.net