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China, Swatch
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. The maker of Omega,
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.
1d
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.
Stuff.tv on MSN
4d
Best Swatch watches in 2025 for bright, affordable fun
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 ...
15m
Swatch Group Sees Results Plummet In 2024
Swatch Group reported sharply lower results for 2024. The prolonged slowdown of the watchmaking <a target=_blank href= ...
1d
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 ...
4d
on MSN
This Sexy New Swatch Collection Celebrates the Year of the Snake
Swatch is celebrating the Year of the Snake with the launch of two new watch models, the Golden Red Bamboo and the Blue and ...
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 ...
Sport Diver magazine
5d
Blancpain X Swatch Bioceramic Scuba Fifty Fathoms Collection Reviewed
This new dive-watch collection is for the diver with a sense of flair. Packed with features (including a 90-hour power ...
3d
Short Sellers Circle Swatch With Banks Most Bearish in Years
This year’s rebound in European luxury-goods stocks is missing one notable name.Most Read from BloombergTexas HOA Charged ...
2d
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 ...
4d
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 ...
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