CLEAN : Franc surge casts shadow on Geneva luxury watch fair

The video discusses the impact of changes in the Swiss franc on the market, highlighting how high-end markets are somewhat isolated from minor price changes. However, the significant shift in the Swiss franc affects the industry, with brands contemplating their strategies. The discussion also touches on the challenges faced by the domestic market due to high prices and the strong Swiss franc, which impacts tourism in areas like Lucerne.

What is the main focus of the first section regarding the Swiss franc?

• Technological advancements

• Tourism benefits

• Minor adjustments in currency

• Significant impact on the industry

How does the currency movement affect brands according to the second section?

• It has no effect on the domestic market

• It raises concerns about price increases

• It causes a decrease in prices

• It leads to technological innovations

What is a major concern for the domestic market as discussed in the second section?

• Currency devaluation

• Low demand

• High prices

• Increased competition

Why is the strong Swiss franc a problem for Lucerne's tourism sector?

• It makes Lucerne cheaper than other cities

• It has no impact on tourism

• It makes Lucerne more expensive compared to other cities

• It attracts more tourists

What comparison do tourists make that affects Lucerne's tourism?

• Lucerne is cheaper than Frankfurt

• Lucerne has better weather than other cities

• Lucerne offers more attractions than other cities

• Lucerne is more expensive than Paris