FH, as the federation overseeing the replica watches uk
industry, is understandably bullish about these mostly pessimistic findings that you can view here in the "Swiss Watchmaking in August 2016" report. I won't talk about all the statistics, so I encourage those interested in the numbers of the watch industry to check it out. What I want to focus on is value, and the statement of "the fall in value was explained almost entirely by watches made of precious metals," as found in the report. The overall industry (Swiss watches sent out of Switzerland) was down 8.8% in August 2016, compared with August 2015. A recent report released by the Federation of the Swiss Watch Industry (FH) reveals that exports for precious metal-cased breitling replica
watches plummeted during August 2016. It is true that the entire industry is seeing export declines but, interestingly enough, there are some areas of growth or less dramatic declines. The take away message for the people making product decisions in Switzerland is that consumers are fed up with bloated pricing, low value propositions, and products that depreciate faster than an aftermarket-customized G-Wagon. In other words, steel, titanium, and other high-quality, lower-priced timepieces are the rule right now. Precious metal watches which are gold and, to an extent, platinum and some other metals, were overall down over 25%, in a market that isn't exactly growing to begin with. Moreover, the FH reports that the major declines were in watches costing over 3,000 Swiss francs. Actually, omega replica watches
priced from 200 - 3,000 Swiss francs have seen some growth, depending on price point, with a high of 11.7% increase in sales of watches with prices at around 500 Swiss francs. The numbers are pretty clear on a few things. First, smartwatches are not right now destroying the entry-level luxury watch market (as I predicted), and that consumers still want cheap replica watches
but don't want to spend a lot on them.