Lately, Chinese language vacationers have been a boon to Swiss watch gross sales in Paris, New York, London, Tokyo, and different high vacationer locations. (Together with Switzerland: 70% of retail watch gross sales in Lucerne, for instance, are to Chinese language vacationers, sources say.) It’s a giant enterprise, and the coronavirus scare has slowed that enterprise to a trickle. U.S. retailers who cater to the Chinese language vacationers inform HODINKEE they don’t know when it would resume.
