Swiss Watch Exports Rise 3.8% in December

PARIS — Swiss watch exports rose 1.9 percent in 2013 as sales picked up in the second half after a difficult start to the year, the Federation of the Swiss Watch Industry reported Thursday.

The modest increase ended a three-year streak of double-digit growth and reflected a sharp decline in demand from Hong Kong and China, the number-one and number-three markets for Swiss timepieces, respectively.