PARIS — Swiss watch exports rebounded in October as strength in Europe helped compensate for continued softness in the key markets of China and Hong Kong, the Federation of the Swiss Watch Industry said.
Foreign sales of Swiss watches in the month totaled 2.1 billion Swiss francs, or $2.3 billion at average exchange for the period, up 13.2 percent compared with the same period last year, it said. This followed a drop of 1.5 percent in September, revised from 2.7 percent originally, the first decrease in more than two years.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)