The Swiss watch industry is back on track after two difficult years in 2015 and 2016. A recovery in global sales that started in the second half of last year will continue in 2018. That’s the consensus of more than two dozen Swiss watch industry executives and retailers who spoke with HODINKEE at the SIHH salon that ran from January 15th to 19th in Geneva.

SIHH offers the first opportunity to take the pulse of the all-important luxury segment of the Swiss watch industry. There, 35 luxury watch producers presented their latest creations to retailers, collectors, and press. The vast majority of the exhibitors sell watches priced at $5,000 and up.

The mood at the five-day show was decidedly upbeat. "The sentiment is very, very positive," said Chris Grainger, CEO of IWC Schaffhausen. "We’re seeing good momentum in most of the key markets."