Garmin was the fastest growing of the major smartwatch manufacturers in the first quarter as key models launched last year hit the mark.
Research
Fashion and accessories sales increased by 188% in May as stores reopened, but remain 63% lower than the same month in 2019.
Geneva analyst says he is already aware of a dozen companies filing for bankruptcy, and that figure could increase five-fold.
Overall prices are stable, Chrono24 says, as it reports rapidly rising sales since the darkest days of the Coronavirus crisis.
Classic timepieces seen as a safe haven investment, according to the company's CEO John-Paul Savant.
Share prices for the major luxury conglomerates have risen sharply this week as hopes rise that the spread of Covid-19 Coronavirus is being contained.
Chrono24's Big Data gives us a crystal ball to see how Coronavirus affects the behavior of consumers and dealers.
Information lags behind the rapidly growing affect of the Covid-19 pandemic, but there were already signs in the week ending March 7 of building trends.
Switzerland's most successful watchmaking brands entered 2020 in good health, with the majority notching a rise in sales last year.
