The overriding issue of the moment for the world’s watch and jewellery industry has divided its leaders as seldom before.
Some of the most prominent – and seldom publicity shy – representatives maintain the downturn is all but over and demand is poised to recover. But other, equally authoritative, though usually lower profile, counterparts remain convinced the crisis that has plagued top watches and jewellery will continue, if perhaps in a slightly attenuated form, for months to come.

