12-23-2008, 12:08 AM bxa67 Senior Member Senior Geek
Join Date: Apr 2008 Posts: 324
Swiss Made from 51% to 80% is that going to affect Invicta? Hey Jim, Since the Swiss watch Industry is passing soon the Law that a watch will at some point in the near future be 80% swiss parts & cased in Switzerland, how will that be affecting Invicta OVERALL, and Invicta Pricing????? NOTE: Current Legal rule (for those who do not know), is that a watch must be 51% Swiss made & cased in Switzerland to say "SWISS MADE" on a watch, this is going to change to 80%!!! All I can say is that the Swiss are smart in keeping thier market share against the soon coming Chinese watch industry. Best Rgds Bill in IL
#2 12-23-2008, 12:35 AM
jskelton WatchGeeks Owner True WatchGeek
Join Date: Feb 2008 Posts: 16,286 Real Name: "Diamond Jim" Skelton
The entire Swiss watch industry will be heavily affected by this (if it goes through), and while some brands will simply dissapear, others will have to raise their prices as much as 300% and more. I have been saying this for over 3 years. Back when I first started talking about this on my shows, 'other forums' would say how crazy I was... how I was creating a panic to drum up sales. Then someone else said it about 2 years after me... and people finally realized it. Things will get much, much worse. Buckle up, and buy as much Swiss anything while you can.... __________________