The heads of some of the biggest Swiss watch brands, from Patek Philippe to Oris, said demand for luxury timepieces is starting to slow from an unprecedented industry boom during the pandemic.
“I see in the past two months, the market is a little bit slower than before,” said Thierry Stern, the chairman and controlling shareholder of Patek Philippe SA, the family-owned Geneva-based brand.
“I don’t say that it’s very bad — not at…