Bloomberg

(Bloomberg) -- U.S. watch retailers saw some respite in April from the onslaught of fitness band competition and millennial disinterest, according to the most recent data. Sales of watches costing $10,000 to $24,999 -- a price range that includes Omega, Breitling and Hublot -- gained 11 percent, a sign that the overstock from non-authorized distributors may have dried up.

To contact the reporter on this story: Corinne Gretler in Zurich at cgretler1@bloomberg.net. To contact the editors responsible for this story: Matthew Boyle at mboyle20@bloomberg.net, Thomas Mulier

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