Six things to know about the Swiss watch industry before Apple invades (Dan Frommer)

The Apple Watch—set to launch in early 2015—is already having a dramatic impact on the watch industry, where executives are now rushing to figure out their smart watch strategy. Credit Suisse published a lengthy, in-depth report on the Swiss watch industry (pdf) in October 2013—well before Apple’s project was unveiled, but early enough that smart watches and fitness bands were coming into the picture. While some of the facts and figures aren’t the most recent, they’re useful as background about an age-old industry that is about to experience an entirely new form of competition. (qz.com)