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Whatever Swatch Group does next, it must maintain strong relationships with retail partners that it needs to represent its brands on the ground.
Managing director Michel Loris-Melikoff tells WatchPro that there are currently no changes to its plan.
Hong Kong's Trade Development Council, which organizes the show, issues a statement saying safety of exhibitors and buyers must be the priority.
Corporate statement says Time to Move event, scheduled for first week of March, has been scratched over concerns relating to Chinese outbreak.
With over half of its sales going to Chinese customers, the group is more exposed than rivals to threats in China and Hong Kong.