Hermes Tells Swiss to Stop Feeding a Luxury-Watch Supply Glut

Swiss watchmakers are still churning out too many timepieces despite production cuts following a Covid-induced sales slump, according to the head of Hermes International’s horology unit.

https://www.bloomberg.com/news/articles/2021-04-09/hermes-tells-swiss-to-stop-feeding-a-luxury-watch-supply-glut