With the largest market in Hong Kong in November markedly stabilized, Swiss watch exports in October hit a 7-year decline after the biggest signs of improvement. November exports fell 5.6% to 18.562 billion Swiss francs, a decline of 16.4% in October significantly narrowed, mainly due to the 13.4% export market in Hong Kong to be essentially flat in the same period last year, down only slightly 0.7 % To 248.8 million swiss replica watches francs, while the October decline of up to 22%. However, the data released by the Swiss Watch Industry Federation pointed out that the performance is still not only a month to the next long-term conclusion, but Hong Kong's November data is certainly good news. In addition, mainland China's recovery since the summer extended 7.9 percent to 116.4 million replica watches uk francs in November, while the UK also benefited from a 6.5 percent rise in sterling to 1.292 billion Swiss francs, driven by tourism spending. The improvement is also reflected in the fact that although four of the six markets are still declining, nearly half of the 30 major markets are up. At the same time, the US recorded the biggest decline since March this year, plunging 18.0% to 196.5 million Swiss francs. The European continent market has remained weak, Italy, Germany, France are showing different degrees of decline, especially in France, the most serious. As of November, rolex replica export value in 2016 has been reduced by 10.4% to 17.742 billion Swiss francs, this year is expected to record sales since 1984, the lowest since 32 years. Richemont SA (CFR.VX) Richemont SA (CFR.VX) has announced two layoffs this year, involving Cartier Cartier, Vacheron Constantin Vacheron Constantin and other luxury watch brands. Even if the market in November to pick up, expensive watch is still the most hit category. Precious metals and watch exports of more than 3,000 Swiss francs were down 13.4% and 3.6%, respectively, exports fell more than 15.0% and 7.1%. According to the largest export category steel sheet exports and export values were 6.4% and 5.0% growth.