Inflation Is Affecting Watch Prices, Too

But, at least so far for Swiss watchmakers, “the more prices are increasing, the more consumers want to invest in these brands.”

It should come as no surprise that retail prices on Swiss watches, like the costs for most goods and services, are rising. Even before the war in Ukraine clouded the global economic picture, the lingering effects of the pandemic were still rippling across the watch industry’s supply chain. And the soaring cost of fuel now threatens to keep those price increases coming.

“Every day we are talking about price inflation on labor, energy costs, logistics, etc.,” Jean-Philippe Bertschy, a luxury goods analyst at Vontobel, a private banking and investment

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