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The watch and clock industry is an industry-of-industries, aggregating component and accessory makers as well as final product assemblers and marketers. Quality component and product makers gravitate to a handful of hubs, such as Switzerland and Hong Kong.
Timepieces are a key industry in Hong Kong, with exports of finished items and components amounting to HK$54.8 billion (US$6.98 billion) last year and the United States, Mainland China and Europe the main destinations.
The COVID-19 pandemic has kept fashionistas from Milan to Monaco (the long way round) at their homes, offices and studios digitally flipping through collections and keeping physical interaction to a minimum.
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