Here are some figures in preview from the monthly Francéclat-Panel5 report for the year 2020 relating to the jewelry and watchmaking sector. In France, 2020 has been the most negative year (since the first Panel5 studies in 1979) with a 14% drop in turnover compared to 2019. The good news was the rebound in December with a 12% increase in turnover compared to last year. “It was the best December since 2011, a remarkable performance because foreign customers were absent and the threats to our society and our economy were numerous,” says Hubert Lapipe, founder of Panel5. The full 2020 figures will be unveiled very soon by Francéclat.
