Swatch Group's sales and profit fell during 2024, the Swiss watchmaker said on Thursday, as improvements in the United States ...
PARIS — Skittish Chinese consumers at home or abroad dragged down the Swatch Group: The Swiss company’s 2024 net income ...
The watchmaker reported lower net sales for last year, as sales and market-share gains in the U.S., Japan, India and the ...
The Swiss watchmaker Swatch Group experienced a severe downturn in fiscal year 2024, with net profit plummeting by approximately 75% to 219 million Swiss francs. This dramatic decline prompted the ...
This year’s rebound in European luxury-goods stocks is missing one notable name.Most Read from BloombergTexas HOA Charged ...
Zurich - Swiss watchmaker Swatch Group saw its profits and sales plummet in 2024 due to falling demand in China and a decline ...
Swatch Group AG profit fell sharply as the watch industry continues to struggle with weakness in Chinese consumer demand.
Swatch is celebrating the Year of the Snake with the launch of two new watch models, the Golden Red Bamboo and the Blue and ...
Swatch Group (SWGAF.PK, SWGNF.PK) reported fiscal 2024 net income of 219 million Swiss francs compared to 890 million francs, prior ...
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 ...
Sales estimates for the second half of 2024 have been revised downward, with Morgan Stanley now forecasting a 12% decline, ...