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Breaking News: Swatch must extend movement sales to 2013 !
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Author:  WatchFred [ Tue May 15, 2012 3:00 am ]
Post subject:  Breaking News: Swatch must extend movement sales to 2013 !

http://translate.google.com/translate?h ... 00044.html

the gist: the 2011 ruling in the antitrust case by the Swiss authorities against the Swatch Croup was extended by one year, movement sales must continue at 85% of the 2010 numbers.

Author:  Roffensian [ Tue May 15, 2012 4:15 am ]
Post subject:  Re: Breaking News: Swatch must extend movement sales to 2013

Not really sure of the point of that. 85% is still squeezing the industry and I'm not sure that the continued uncertainty is going to drive Sellita, Soprod et al to ramp up production. Sounds like just another year with a lack of clarity.

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