![State of the watch industry: pessimism? - Chinese anti-corruption - Federico talks about watches](https://ytimg.googleusercontent.com/vi/G8j8U-4SP3w/hqdefault.jpg)
In this episode of Federico Talks Watches I discuss the state of the watch industry… It's not looking good and most people are predicting disaster. The industry has relied heavily on Chinese buyers. Since the Chinese government launched its anti-corruption campaign, sales have declined significantly. Companies like Swatch Group and Richemont are suffering. What will it take to get the watch industry out of this crisis? Will a brand like Piaget creating affordable steel watches like the Piaget Polo S be enough? Let me know what you think.
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