Watch group Swatch saw its sales decline by more than 12% and its profits by 75% in 2024.
Swatch Group's sales and profit fell during 2024, the Swiss watchmaker said on Thursday, as improvements in the United States ...
Today, the Swatch Group includes luxury brands like Omega, Longines and Blancpain, plus Breguet, Hamilton, Rado, Tissot and others. Swatch itself still produces highly affordable plastic watches with ...
This year’s rebound in European luxury-goods stocks is missing one notable name.Most Read from BloombergTexas HOA Charged ...
Taking a turn from the standard velcro straps, the new MoonSwatch straps are made from rubber with a bioceramic loop and ...
The watchmaker reported lower net sales for last year, as sales and market-share gains in the U.S., Japan, India and the ...
Swatch’s profit dipped more than 75 per cent while its sales decreased more than 12 per cent in FY24. The company’s net sales fell to CHF6.7 billion ($7.3 billion) for the year. Its operating profit ...
If you buy something, we may earn an affiliate commission. Ask a watch guru about their favorite watch collabs, and the Swatch x Omega MoonSwatch phenomenon will certainly be in the mix.
That idea gets upended today with the surprise release of the Pink Ocean Scuba Fifty Fathoms, a follow-on from the all-black ...
Zurich - Swiss watchmaker Swatch Group saw its profits and sales plummet in 2024 due to falling demand in China and a decline ...
ZURICH ― Shares in Swiss watchmaker Swatch slumped on Thursday after it reported lower-than-expected earnings on the back of weak sales in China.