Wishing V&C the best during this tumultuous time.

Hearing the news about the Swiss Franc shake up and having thoughts about V & C.  I know this will be hard on many companies that export products, so I wish you the very best in weathering this storm!

 

http://www.bloomberg.com/news/2015-01-15/swiss-exporters-face-tsunami-after-snb-unexpectedly-drops-cap.html

Line-ups at the currency exchanges yesterday
01/17/2015 - 08:31

Here in Geneva the line-ups were a block long at the corner exchange shops!  OTOH, if you take WatchTime's Joe Thompson's report as accurate (Last Minute, February - and BTW check out the FaceTime pages too), unsold inventories of Swiss watches in China is a staggering two years...so higher prices on future product may help to clear it up.

Re: Line-ups at the currency exchanges yesterday
01/17/2015 - 19:56

So you're saying I need to go watch shopping in China?  :D

Re: Line-ups at the currency exchanges yesterday
01/20/2015 - 22:03

"if you take WatchTime's Joe Thompson's report as accurate (Last Minute, February - and BTW check out the FaceTime pages too), unsold inventories of Swiss watches in China is a staggering two years"

That is an astonishing statistic if true. Could be handy under the present market conditions, too.