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Swiss Watch Exports Flop

Swiss Watch Exports FlopThe Federation of the Swiss Watch Industry said
shipments slid 8.9 percent to 1.71 billion francs or US$1.9 billion in May.
It’s the steepest percentage decline since November 2009 and means that in the
first five months of the year exports fell 0.3 percent.

Apple Watch is this week due for release in more countries – including
Switzerland.