This briefing note discusses the impact of COVID-19 on the luxury watch industry and the strategies adopted by Watches of Switzerland to improve customer experiences and enhance firm's performance. It covers key issues such as PESTEL analysis, GDP, and firm performance benchmarking. The note suggests that the directors of Watches of Switzerland should be aware of the changing preferences of customers, fluctuations in exchange rates, and factors for benchmarking which indicates the quality of the watches.

COVID-19's impact on luxury watches and Watches of Switzerland's strategies to improve customer experiences and performance, including PESTEL analysis and benchmarking.

Luxury Watch Industry: Impact of COVID-19 and Strategies Adopted by Watches of Switzerland

This article discusses the challenges faced by the luxury watch market due to COVID-19, strategic overhaul, and economic stagnation. A PESTEL analysis is conducted to determine the external factors affecting the industry, including political, economic, sociocultural, technological, environmental, and legal factors. Recommendations are provided to help the company overcome these challenges and increase its global operations.

University of Zagreb

Challenges and PESTEL Analysis of Luxury Watch Market

This article discusses the impact of global macro-environmental factors on Watches of Switzerland, including the shift in consumer demand towards smart watches, increased demand for luxury brands, and the effects of Covid-19 on the watch industry. Key issues such as employee turnover and overstocking are also addressed. A PEST analysis is conducted to examine the political, economic, social, and technological factors affecting the company.

Impact of Global Macro-Environmental Factors on Watches of Switzerland

This article discusses the PESTEL analysis of Watches of Switzerland in the global business environment. It covers political, economic, social, technological, environmental, and legal factors affecting the company's operations. Key issues such as inflation, global economic growth, currency exchange rates, supply and demand elasticity, firm performance benchmarking, etc. are also discussed.

PESTEL Analysis of Watches of Switzerland - Global Business Environment

This article provides a PESTLE analysis of Watches of Switzerland, a British retailing company that operates with its 16 stores across the UK. The analysis covers political, economic, social, technological, legal, and environmental factors that impact the company. The article highlights three key issues for the company: coping up with the political changes, introducing latest trends by keeping cost of production economical, and initiating more and more number of consumers to opt for buying luxury products.

PESTLE Analysis of Watches of Switzerland

This article discusses the key issues and PESTEL analysis of Watches of Switzerland in the global business environment. It covers political, economic, social, technological, environmental, and legal factors affecting the company's operations.

Global Business Environment of Watches of Switzerland

This study analyzes the impact of global macro-environmental factors on Watches of Switzerland, a leading FTSE listed organization in the UK. The study discusses key problems and external factors that affect the company's productivity, profitability, and performance. The study uses PESTLE analysis to discuss the impact of political, economic, social, technological, legal, and environmental factors on the company. The study also highlights key issues such as inflation, supply and demand, and COVID-19.

Luxury Watch Industry: Impact of COVID-19 and Strategies Adopted by Watches of Switzerland

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Challenges and PESTEL Analysis of Luxury Watch Market

Impact of Global Macro-Environmental Factors on Watches of Switzerland

PESTEL Analysis of Watches of Switzerland - Global Business Environment

PESTLE Analysis of Watches of Switzerland

Global Business Environment of Watches of Switzerland

Global Business Environment Impact on Watches of Switzerland

Luxury Watch Industry: Impact of COVID-19 and Strategies Adopted by Watches of Switzerland

End of preview

Challenges and PESTEL Analysis of Luxury Watch Marketlg...

Impact of Global Macro-Environmental Factors on Watches of Switzerlandlg...

PESTEL Analysis of Watches of Switzerland - Global Business Environmentlg...

PESTLE Analysis of Watches of Switzerlandlg...

Global Business Environment of Watches of Switzerlandlg...

Global Business Environment Impact on Watches of Switzerlandlg...

Challenges and PESTEL Analysis of Luxury Watch Market

Impact of Global Macro-Environmental Factors on Watches of Switzerland

PESTEL Analysis of Watches of Switzerland - Global Business Environment

PESTLE Analysis of Watches of Switzerland

Global Business Environment of Watches of Switzerland

Global Business Environment Impact on Watches of Switzerland