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Unsavory export results continue for Swiss watchmakers Still from Jaeger-LeCoultres film for its Reverso timepiece The Federation of the Swiss Watch Industry had expected a recovery in the fourth quarter but watch exports instead saw the steepest drop for the entire year. In themonth of October Swiss watch export value decreased by 16.4 percent compared to the year-ago in October 2015 at 1.7 billion francs or $1.6 billion at current rates. Swiss watchmakers are going up against waning…
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