Rolex and Co.: Swiss watch trade is threatened with a wave of bankruptcies | EUROtoday

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“Many Swiss watches are too expensive”

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Rolex timepiece: At the “Watches and Wonders” Geneva watch fair last year

Rolex timepiece: At the “Watches and Wonders” Geneva watch truthful final yrPicture Alliance

Swiss watch professional Oliver Müller explains why Rolex is so profitable, Swatch is battling issues, Cartier just isn’t being bought – and why a wave of bankruptcies is threatening the Swiss watch trade.

https://www.faz.net/aktuell/wirtschaft/unternehmen/rolex-und-co-schweizer-uhrenindustrie-droht-pleitewelle-accg-200718764.html