The huge impact for the swiss watch in the financial crisis

La chaux de fonds is the birthplace of the Swiss watch industry is

, the impact of the financial crisis of its most obvious. With a long history of watchmaking tradition, this small town recently selected by UNESCO "World Heritage List", but locals do not in the mood to celebrate, because they are for the local watch and clock industry worried about the serious unemployment problem.

La chaux de fonds watches apprentice class teachers Walang Dan Raben said three years ago, the watch industry is well recognized by all professional, high income, employment after apprenticeship apprenticeship opportunities. But now situation has changed, apprentices apprenticeship, select the room is small, work hard to find. The last 3 years, for apprentices to learn the number of clock technology has been declining. Now the staff of the watch industry is the most talked about how much monthly salary, and the clocks fall in exports to an end.

Swiss watch manufacturing company CEOs are no different, they are deeply concerned about the impact of the financial crisis. Hublot president to - said watch industry segments are all affected in varying degrees, various grades of watches and clocks are affected. He said he employed 35 years have never seen such a major crisis, because the high table usually not under attack, but the high table was not spared. Replica Watches



Breitling vice president to - Paul Luojilading said "sure this is a serious crisis." How long the crisis affecting how much, he said the unpredictability of the company was very cautious.

Under the influence of the financial crisis, many people's wallet deflated, and even the rich have begun to bargain. Customers keep the prices down on businesses and vendors for the amount to worse. La chaux de fonds a high-end watch shop play 34-50% of the price reduction signs, the boss Claude Guetts says with concern, the customer requirements is really a great range of benefits, their effect is to use the current crisis. These customers are spending money like water past the high-end customers, but now money is very careful.

There are also some Swiss watch companies or innovative development, or odd to win, in a crisis to find a new way out of difficulties. Hoya president to - Christopher Babin confident the new product development. He believes that emerged around the watch industry with innovation, technology and design are closely related derivatives, such as spectacles, mobile phones, and even top grade information products. Some watch the company also introduced the Titanic with steel components called watches, and even put on a watch with moon dust, the most expensive models sold for 500 thousand U.S. dollars a piece.

The huge impact for the swiss watch in the financial crisis

By: adali0

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