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An employee demonstrates an IWC Pilot's chronograph edition "JU-AIR" IW387809 wristwatch at Beyer Chronometrie AG in Zurich, Switzerland, on Wednesday, Oct. 14, 2015. Jean-Claude Biver, chief executive officer of Tag Heuer Intl SA said 2016 is set to be a tougher year for the Swiss watch industry because of the economic slowdown in China. Photographer: Luke MacGregor/Bloomberg via Getty Images

An employee demonstrates an IWC Pilot's chronograph edition "JU-AIR" IW387809 wristwatch at Beyer Chronometrie AG in Zurich, Switzerland, on Wednesday, Oct. 14, 2015. Jean-Claude Biver, chief executive officer of Tag Heuer Intl SA said 2016 is set to be a tougher year for the Swiss watch industry because of the economic slowdown in China. Photographer: Luke MacGregor/Bloomberg via Getty Images