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 ...

Keen watchers of the global export figures for the Swiss watch industry might conclude that 2024 was a little more ...

LVMH is the new Global Partner for Formula 1, arguably the most valuable sporting franchise in the world. Advertising slots for the Superbowl may cost more per minute, but have a fraction of the ...

The watchmaker reported lower net sales for last year, as sales and market-share gains in the U.S., Japan, India and the ...

In Europe, the Stoxx Europe 600 gained 0.3% in morning trading. Axfood added 6.5% and St. James's Place rose 6.1%. On the other hand, Deutsche Bank slipped 6.1%, and Swatch Group Bearer dropped 5.8%.

Swatch Group AG profit fell sharply as the watch industry continues to struggle with weakness in Chinese consumer demand.

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 ...

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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Swatch Group's sales and profit fell during 2024, the Swiss watchmaker said on Thursday, as improvements in the United States ...

In a report released today, Natasha Bonnet from Morgan Stanley downgraded The Swatch Group (SWGAF – Research Report) to a Sell, with a price ...