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A Dancer 31mm wristwatch sits on a display in the Piaget, a unit of Cie. Financiere Richemont SA, booth during the first day of the Salon International de la Haute Horlogerie (SIHH) watch fair in Geneva, Switzerland, on Monday, Jan. 21, 2013. The Swiss watch industry slowed in the second half of 2012 as sales of timepieces and jewelry in Hong Kong, the biggest market for Swiss watchmakers, declined in August and October. Photographer: Valentin Flauraud/Bloomberg via Getty Images

A Dancer 31mm wristwatch sits on a display in the Piaget, a unit of Cie. Financiere Richemont SA, booth during the first day of the Salon International de la Haute Horlogerie (SIHH) watch fair in Geneva, Switzerland, on Monday, Jan. 21, 2013. The Swiss watch industry slowed in the second half of 2012 as sales of timepieces and jewelry in Hong Kong, the biggest market for Swiss watchmakers, declined in August and October. Photographer: Valentin Flauraud/Bloomberg via Getty Images