PARIS — Swiss watch exports declined 0.3 percent in March, as wristwatches put on a mixed show, the Federation of the Swiss Watch Industry reported on Thursday.
Foreign sales of Swiss timepieces totaled 1.6 billion Swiss francs, or $1.8 billion at average exchange rates for the period.
By region, exports to Japan remained buoyant with five consecutive months of steep rises, according to the federation. The U.S., on the other hand, fell 12.1 percent, which the federation shrugged off as monthly variations. “The first-quarter results for the region were positive, up 3.2 percent and in line with expectations,” it said.
Hong Kong was up 9.3 percent, while China edged down 1.7 percent. Both regions demonstrated signs of recovery, according to the federation.
Overall, “the first quarter, which saw a 4.5 percent higher result than in 2013, therefore marked a very good start to the year for exporting companies,” the federation observed.
Gold watches fell 5.2 percent in value terms in March, but sales of steel pieces were up 2.1 percent. Watches made of other materials soared 18.6 percent.
Wristwatches in the 200 to 500 Swiss franc range, or $227 to $568, again outperformed other price categories, climbing 23.3 percent, while those priced below 200 Swiss francs, or $227, contracted by 10.5 percent in volume terms, the federation said.
Taking the final spot on the mens’ portion of New York Fashion Week calendar next month will be none other than @tomford. Though he’s shown his men’s wear in New York in the past, this will mark the first time the designer has shown his men’s collection alone during New York Fashion Week: Men’s. His runway show will debut on February 6 at the Park Avenue Armory. #wwdfashion
London-based couture house @ralphandrusso has certainly been in the spotlight, having its dresses worn by @beyonce, Angelina Jolie, Meghan Markle in her engagement photos and more. For couture, Tamara Ralph focused on ornamentation — think: feathers with chain mail, jet embroidery and clusters of pearls and crystals. See the rest of the collection on WWD.com #wwdfashion #couture (📷: @giovanni_giannoni_photo)
Minnie Mouse celebrated her 90th birthday by getting her own star on the Hollywood Walk of Fame. For her celebratory luncheon, @coach’s creative director @stuartvevers dressed her in a custom made prairie dress, complete with Vever’s take on the polka dot – black sequined versions – under a cropped motorcycle jacket. The designer also put his own mark on Minnie’s classic red shoes, infusing the color with sparkles and adding some Coach crystals. “We chose colors that were very Minnie and also represented quintessential Coach elements,” said Vevers. #wwdfashion #nationalpolkadotday (📷: George Chinsee)
@nickjonas is unveiling his first-ever apparel collection through a partnership with John Varvatos. The limited-edition capsule, which makes its debut in spring, also marks the first time the designer has collaborated with anyone on a line. “The process in working with Nick is amazing. It’s inspiring to be around someone who is not only connected with the trade that they do, but also with what’s happening in the environment around him, and how that connects to what we do with style,” said Varvatos. (RG: @johnvarvatos) #wwdfashion
@margotrobbie steps out onto the red carpet wearing @miumiu. The actress is nominated for “Outstanding Performance by a Female Actor in a Leading Role” in “I, Tonya” at the #SagAwards. (📷: Stewart Cook) #wwdfashion
For @massimogiorgetti of @msgm, the Nineties are his favorite decade. “They had a huge impact on my personal growth. What I like of the Nineties is that they are not so precise in terms of style as other decades…there was actually a bit of everything,” he said. As seen on MSGM’s Spring 2018 show: tie-dye and a bit of grunge, two styles that are synonymous with the decade #wwdfashion #wwddecades (📷: @kukukuba)