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Swiss Military Hanowa has built a solid reputation with its exceptional sporty timepieces, which reflect modern design trends.The brand�s new Flagship watch is created in complete alignment with this philosophy. Its case is interpreted in stainless steel and measures 42 mm in diameter. The new Swiss Military Hanowa watch is outlined by a black or blue rotating bezel, which features oversized Arabic numerals. The bezel securely holds a high-grade scratch-resistant sapphire crystal.The peerless artisans within the manufacture have also equipped the model with a screw-down back part. The case is built to be water-resistant up to 100 meters.Clothed in black or silver, the dial of the new Swiss Military Hanowa Flagship watch exposes a standard three-hand layout. The hour, minute and seconds hands as well as hour-markers are treated with luminous compound, which assures a high level of visibility. The display also offers the current day indication, arranged in the aperture at 3 o�clock.Inside the case is hidden a reliable calibre ISA 2330/103 quartz movement. The new Swiss Military Hanowa watch is accompanied by a stainless steel bracelet, closed with a folding clasp.The model has been also executed as the lady�s version that measures 32 mm in diameter and is powered by an ISA K83.SM calibre movement.Look through a fine selection of Swiss Military-Hanowa watches:

It seemed just a few short weeks ago that you couldn't turn anywhere without finding a story about the renaissance of the Swiss watch industry. But the economic crisis means luxury items are just that in a time of restrained spending. That's got the attention of some analysts who say 2009 is shaping up to the be the worst year for watch sales in decades. For example, the National Post recently reported:The slowdown in demand for new expensive watches is causing a panic in Switzerland, where 2009 is threatening to be the worst year for the Swiss industry since the "quartz crisis" of the 1970s and 1980s, which made mechanical watches technologically obsolete and reduced industry employment to 30,000 from 90,000.What do you think? On target or hyperbole? Have you shelved that plan to buy a new Swiss watch?