Re: Watch list for 2015
"Ed.YEO"
[quote="Stan80"]...
When the franc remains strong, swiss will be able to buy more import and raw materials with their strong currency. If they are decent in their business ethics, they can maintain or lower their selling pricepoint for their each item is manufacture at a cheaper cost due to the strength of franc.
When their goods are price out of market, they will have to tune their price till ppl wants to buy again.
SNB dun intervent directly into their consumer market, main thru interest rates adjustments...
This is certainly a perfect picture for the consumers hope on Swiss Watch Industry... Unfortunately, looking back @ 2012 when Euro Crisis were about the same as now... Swiss Makers(movements and parts) were still not toning down on their selling price to Watch Manufacturers.
This could be a time for the big players to make it big, so as the Swiss Government.
This is a good time for the Japs and Chinese to strike it big!
I wonder what the big players such as SEIKO and CITIZEN, SEAGULL and SHANGHAI is brewing under their sleeves...[/quote]
Yeah!!! According to heritage, Swiss watch makers are generally confident as the world will tend to associate them to the watch making industry, that is why they dare to price themselves out of the general consumer markets.
When the Japs and Chinese starts to strike it big and more consumers recognizing them, we will be able to see how the Swiss response. 2015 to 2017 can be the years for Japs and Chinese to further stamp their marks as the Swiss are relatively quiet for quite a while.... :D