Latest Morgan Stanley report on the swiss industru

WatchUSeek Watch Forums WatchUSeek Watch Forums Veselin Petkov

So… what do you guys think?
If you're not Rolex, RM, PP, AP, 2024 was a bad year.
Volumes down almost across the board, so let's focus on rank changes.
Based on rank – good year for Chanel, Hermes, Bulgari and Tag (not counting the big 4 above).
Bad year for JLC, IWC, and pretty bad for Tudor.

Do you even care? For me business dynamics are also quite interesting.

Via monochrome

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