Market Report, "Luxury Travel Goods in Switzerland", Published
The luxury travel goods industry remains heavily impacted by the travel and tourism industry. In 2012, according to federal statistics, the Swiss hotel industry recorded sales of CHF10.2 billion, which was 2% less than during the previous year. Furthermore, the sustained financial market upheavals in the eurozone resulting in uncertain economic conditions, limited the performance of the Swiss luxury travel goods industry as consumers began tightening their belts and changing their shopping...
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