Luxury watchmakers brace for more uncertainty with the war in Iran

The bling is back, but the Iran war has tarnished the outlook for the luxury watch industry — the ultimate in opulence. Starting Tuesday, Geneva hosts the annual Watches and Wonders fair, a premiere gathering in an industry eager for a rebound after two years of market contraction, hopefully including sales in oil-rich Gulf Arab countries. The U.S. and Israeli war against Iran that began Feb. 28, however, has had a sweeping impact on the global economy, driving up energy prices, stalling s...