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August 14, 2009
Swatch suffers sales slump
Swatch Group, the maker of watches from handmade Breguets to the ubiquitous Swatch, suffered the impact of the world economic...such as springs and even entire movements from the Swatch group’s subsidiaries. Swatch said its figures... By Haig Simonian in Zurich
12:36pm
Swatch clocks up gains on takeover talk
Takeover talk swirled round Swatch Group on Tuesday, helping the Swiss watchmaker’s shares jump as...Bernstein said that Tiffany was within Swatch’s reach as it already owned the US group’s watch business.According to...branching out of its core business Swatch would be more competitive with eurozone...and LVMH. Meanwhile Mr Hayek said the group was aiming for stronger 2010 earnings... By Anjli Raval
2:00am
Swatch clocks up gains on takeover talk
Takeover talk swirled round Swatch Group yesterday, helping the Swiss watchmaker's shares jump as...Bernstein said that Tiffany was within Swatch's reach as it already owned the US group's watch business.According to...branching out of its core business Swatch would be more competitive with eurozone...and LVMH.Meanwhile Mr Hayek said the group was aiming for stronger 2010 earnings... By Anjli Raval
August 15, 2009
Tough times slow Swatch
Swatch Group, the maker of watches from handmade...continue in the months to come", the group predicted. Swatch has been hit by declining demand...and even entire movements from the Swatch group's subsidiaries. Swatch said... By Haig Simonian in Zurich
January 21, 2010
Strong Swatch sales lift luxury goods' fortunes
The luxury goods sector received a second fillip in a week as Swatch Group, the world's leading premium watchmaker...had exceeded market expectations. The group, best known for upmarket brands such as Breguet and Blancpain as well as the ubiquitous Swatch, said business had picked up sharply... By Haig Simonian in Zurich
September 7, 2009
Hot prospects for niche producers
...Corning, the US company that is the main maker of the specialist, highly pure glass used in flat-screen...central heating boilers. ETA of Switzerland, owned by the Swatch group, is the main maker of high-tech mechanical movements... By Peter Marsh
August 15, 2008
Swatch watches profits drop 9%
Swatch Group, maker of timepieces from the ubiquitous Swatch to top price Breguets, admitted on...optimistic for the industry, with the group “confident for the further course of business”. In spite...for luxury goods, and higher costs, Swatch said it expected sales and profits to show... By Haig Simonian in Zurich
April 29, 2008
Swatch demand ticking along nicely
Swatch Group, the world’s leading watchmaker, re...weakness in big markets or segments. The group, which with its 18 watch marques spans the market from the six-figure Breguet to the utilitarian Swatch, said orders in the first four months... By Haig Simonian in Biel
March 20, 2007
Swatch Group clocks up the best year in its history
Swatch Group, the Swiss manufacturer, yesterday forecast sales and profits...price ranges contributed to this surge in growth", said the group, suggesting the core Swatch brand had successfully confronted thechallenge of competing... By Haig Simonian in Zurich
April 28, 2005
Swatch expecting best ever results this year
Swatch Group on Thursday predicted 2005 would be the best year in its history based on strong...the lower end of the price range and the lack of a chief executive since last autumn. Swatch group, which does not publish quarterly figures, said the first three months of this year had... By Haig Simonian in Biel