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Recession expected to hit luxury watch event in Geneva

The watch industry has been fairly resistant to economic crises in the recent past, but all this could be changing. Switzerland's biggest luxury goods producer, Richemont, has just announced weak quarterly figures. The economic downturn is also expected to affect visitor numbers at this week's International Fine Watchmaking Fair in Geneva. (SF/swissinfo)

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SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR