<p> high-end watches at least one of the manufacturers in this circle expressed confidence in the future.It reported that the head of the Tiger Heuer (TAG Heuer) and CEO of LVMH watch sector Jean - Claude than Wei said: "After canceling the Swiss franc ceiling and,chaussures femme pas cher, in January we suffered tsunami compared to depreciation of the yuan is only one sea wave it. "Louis Vuitton watches sector,abercrombie soldes, including TAG HEUER,chaussure femme pas cher, Hublot (Hublot) and Zenith (Zenith). He said: "It makes us into a real crisis."He mentioned that the Swiss central bank unexpectedly decided to cancel the Swiss franc exchange rate cap,louboutin pas cher, the limit to keep the Swiss franc and the euro hooks - January 14 Swiss franc and the euro exchange rate of 1.20 to 1,outlet peuterey, the next day the exchange rate fell to 0.85 ratio 1. Before the end of August,air max, the exchange rate was 1.08 to 1.Bihouee continued: "To what exactly will happen is still too early, but the fact is that our industry over the past few years has been to deal with more serious situations than this and we will do so again now,woolrich prezzi, I think, to us. We have experienced the most bad situation, and has entered into a period of consolidation and stability. "Reported that Wei optimistic than the Swiss watch industry should be subject to the same generation as well,louboutin pas cher, these people are tired of prospects there are more obstacles. Changes in the Swiss franc increased their cost of production and sales in the region formed between great pricing changes. Most Swiss watch manufacturers have to go through to raise or lower prices,barbour femme, or by accepting a new,air max bw pas cher, awkward period to offset lower income does not match between costs and revenue base.For example, Patek Philippe in February in North and South America will be its price reduced by 7%,zanotti homme, in Switzerland it decreased 5 percent in Hong Kong decreased by 7% and a 3% decrease in other Asia Pacific.</p>
<p> and at the same time, Patek Philippe In the euro zone will increase its price by 7%,air max 90 outlet, in Japan increased by 5%.Richemont May reported a 35% decline in net income. Richemont is the world's second largest luxury goods companies,louboutin soldes, and is the IWC (IWC Schaffhausen) and Earl (Piaget) and other watch brand owner.Richemont Chairman Johann Rupert said: "The day had to go on." He also said that moving production out of Switzerland is not an option.As for exchange rate fluctuations, he continued: "We used to get over it, and I think we will get over it once again Switzerland is still an ideal place to do business."Fu Sheng in Swiss securities firm Kepler analyst Cox estimates that each percentage point of the current changes in the Swiss franc will make profit loss Richemont 10 basis points.For more concerned about the mid-market watches Swatch (Swatch),louboutin femme, he said, the same changes will make it profit loss of CHF 20 basis points.But Cox also said that the price difference is shrinking, and the gradual appreciation of the euro and the US dollar against the Swiss franc,abercrombie soldes, is improving the situation of the Swiss brand.He said the high-end watch sales in the United States and mainland Europe buying behavior of consumers has been stable in recent months,parajumpers 2015, and said that price stability and prudent control of inventory levels may actually encourage overseas Chinese consumption has been consumed who turn away from their more recent local consumption.Cox said: "A lot of brands already on their operations in Hong Kong and mainland China have done a lot of investment, and after further Chinese tourists in other parts of Europe and Asia with more competitive prices to buy luxury goods for several years,hollister site officiel, happy to see these profits. "He said: "Perhaps the latest chapter in the currency war is actually beneficial for all parties,nike air max, especially when it hit the luxury watch sector makes very troublesome gray market.</p>
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