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Swiss shoppers pay more for ‘Swiss made’ goods

Swiss consumers are willing to pay between 20 and 50 per cent more for products described as being “Swiss made”, a recent report from the Universities of Zurich and St. Gallen found.

Swiss shoppers pay more for 'Swiss made' goods
swiss-image.ch/Andy Mettler

However, in some cases, this description falls short of the reality, newspaper La Tribune de Genève reports. For example, while Switzerland is known for being a land of watchmakers, often two thirds of the parts for any one watch are imported from China.

Only the watch mechanism, the assembly of parts and the final inspection need to take place in Switzerland to earn the label “Swiss made”, president of the Federation of the Swiss Watch Industry, Jean-Daniel Pasche, said.

Some foods, marketed as being Swiss and adorned with Swiss logos, are in fact imported from Germany, such as Aldi’s Jambon Cru des Grisons, or from New Zealand, such as La Table Suisse’s lamb fillets. The facts are printed on the labels, in small print.

Even luxury Swiss make-up and skincare brand, La Prairie, manufactures its products abroad, in Germany or the United States.

The National Council will debate the issues on March 15th 2012, and will determine which conditions will be required in future for a company to describe its products as being “Swiss made”. In the meantime, many Swiss companies are holding their breaths.

See also: ‘If it says Swiss on it, it should have Swiss inside it’

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CONSUMER

Tati owners to close all French stores except one

The famous Tati brand name will soon only be displayed from one store - Barbès in Paris - as the owners plan to close 13 shops around France and repurpose dozens of others.

Tati owners to close all French stores except one
Tati in Barbès in Paris. Photo: AFP
The closures, set to take place in 2020, will see 189 jobs scrapped and the famous cut price brand name remaining on just one store across the whole of France. 
 
The remaining 100 or so Tati shops will be turned into Gifi stores, a budget homeware brand, by GPG which owns both brands. 
 
That means that the only Tati store in France will soon be the famous flagship shop in Barbès in the 18th arrondissement of Paris.
 
Photo: AFP
 
The move was announced by Philippe Ginestet, the president of the GPG group, on Tuesday.
 
The closures will result in 189 job cuts however employees will be reposted internally, Ginestet said. 
 
Tati was founded in Paris just after World War II by Jules Ouaki, with the shop growing in size over time, gradually absorbing the neighbouring buildings.
 
It sells cut price clothes, cosmetics and homewear and is frequently the course of amazing bargains. Over time it has gradually expanded its range and now even includes Tati bridalwear.
 
In the late 1980s, the brand began expanding, opening more stores in Paris and eventually elsewhere in France. 
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