PARIS — Swiss watch exports rose 16 percent in November, fueled by continued strong demand in Asia, which made up for a slowdown in demand in the United States and some European markets.
Foreign sales of Swiss timepieces totaled 2.05 billion Swiss francs, or $2.27 billion at average exchange rates for the period, the Federation of the Swiss Watch Industry said. That brought the cumulative total for January to November to 17.4 billion Swiss francs, or $19.8 billion, up 19 percent year-on-year.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"