U.S. watch sales plummeted following Apple Watch's debut

Your grandchildren may not recognize your analog timepiece. U.S. watch sales saw their biggest drop in seven years in June following the debut of the Apple Watch, according to new data out from NPD Group. Elmar Mock, one of the inventors of the Swatch, warned in March that Apple may cause an “ice age” for the industry, according to Bloomberg. So are we at the dawn of the ice age? Retailers sold $375 million worth of watches in June, 11 percent less than the same period last year, per the report.…
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