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China, Swatch and Omega SA
Swatch — the parent of Longines, Omega, and Tissot — is seeing sales slump, and it's because of China
Watch group Swatch saw its sales decline by more than 12% and its profits by 75% in 2024.
Swatch posts steep drop in sales and profit as China struggles
Swatch Group's sales and profit fell during 2024, the Swiss watchmaker said on Thursday, as improvements in the United States and Japan failed to offset a steep downturn in China.
Swatch Group Cuts Dividend on Lower Sales Due to Weak China Demand
The watchmaker reported lower net sales for last year, as sales and market-share gains in the U.S., Japan, India and the Middle East were offset by a challenging market in China.
Swatch Group Profits Slump 75% in 2024, Dragged Down by China
Skittish Chinese consumers at home or abroad dragged down the Swatch Group: The Swiss company’s 2024 net income dropped 75 percent to 219 million Swiss francs, or $242 million at current exchange rates.
Stuff
3d
Best Swatch watches in 2025 for bright, affordable fun
Looking for the best
Swatch
watches
? We’ve got you covered, but first, a history lesson, because
Swatch
has one hell of a backstory. It only arrived in 1983 but is arguably responsible for ...
Gear Patrol on MSN
7d
Swatch Just Launched Its Most Daring Blancpain Dive Watch Yet
Swatch just released the eighth installment in the bioceramic Blancpain Scuba Fifty Fathoms line, and it is by far the ...
fratellowatches.com
8d
Hot Take: Living “La Vie En Rose” With The New Blancpain × Swatch Scuba Fifty Fathoms Pink Ocean
We often ask ourselves, “Will we see new MoonSwatch or Scuba Fifty Fathoms models? What will the folks at Swatch come up with ...
3d
on MSN
Year of the Snake 2025: 13 snake-inspired watches from Hublot, Swatch, Jaeger-LeCoultre and more
Every year is the Year of the Snake for Bulgari, as the brand is arguably best known for its Serpenti collections of ...
8h
The Swatch Group (SWGAF) Receives a Sell from Barclays
In a report released today, Carole Madjo from Barclays maintained a Sell rating on The Swatch Group (SWGAF – Research Report), with a price ...
FashionUnited
1d
Swatch Group's results weighed down by China in 2024
Zurich - Swiss watchmaker Swatch Group saw its profits and sales plummet in 2024 due to falling demand in China and a decline ...
Stuff.tv on MSN
5d
Bulova’s new hybrid ceramic watches are cheap, colourful, and lots of fun
Known for its heritage in diving watches, including the legendary 666 Devil Diver, Bulova is diving into fresh waters with ...
1d
Swatch Group FY24 Net Income Declines; Net Sales Down 12.2% At Constant Exchange Rates
Swatch Group (SWGAF.PK, SWGNF.PK) reported fiscal 2024 net income of 219 million Swiss francs compared to 890 million francs, prior ...
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