Is time running out for high growth? Swiss watchmakers take the pulse in Geneva
GENEVA, April 14 -- The Geneva watch fair opens on Tuesday and will be taken as a barometer of how the Middle East war is affecting the luxury goods sector.
The Watches and Wonders salon - the industry's biggest annual event - sees 65 major watch brands, including Rolex, Patek Philippe, Cartier and Bulgari, display their latest creations until April 20.
Despite uncertainties surrounding travel from the Middle East and Asia, organisers are expecting around 60,000 visitors during the week, compared to 55,000 last year.
"The war is going to be a big talking point," said Jon Cox, an industry analyst with Kepler Cheuvreux financial services.
Before the conflict erupted on February 28 with the first US and Israeli strikes on Iran, Cox was f...
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