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Swatch Group said weak sales in China wiped out growth elsewhere in the first half of the year, leaving it barely profitable.
Swatch Group reported another six months of falling sales and profit, hit hard by sluggish demand for luxury timepieces in China. Swatch shares slid as much as 2.6 per cent in early Swiss trading ...
Swatch Group's profitability takes a hit as weak sales in China overshadow growth in other regions, with net sales falling 11. 2% and profits plunging 88%. The company anticipates a potential ...
Blancpain and Swatch's Bioceramic Fifty Fathoms dive watch now comes in a fun new color called Green Abyss.
American investor Steven Wood wants a board seat and sees more potential in the company’s luxury watch brands, but the founding family isn’t interested.
Since the first launch in September of 2023, Swatch and Blancpain have been churning out new takes on their collaborative diver. While eight have launched so far, including an excessively vibrant ...
Swatch unveils its new watch collection including five colorways. The watches are made for deep-sea exploration, built from sustainable materials with futuristic accents. Swatch is preparing for ...
Swatch Group shareholders on Wednesday rejected a bid by an American investor to secure a place on the company's board, as the family that has long dominated the watchmaker closed ranks to keep ...
This story is taken from Esquire's About Time newsletter. Get it free into your inbox every Sunday at 8am. Sign up here Swatch recently unveiled a bold new collection called the Scubaqua – a ...
Swatch Group, once a titan of Swiss watchmaking, is facing increasing scrutiny from investors frustrated with falling sales, poor corporate governance, and the autocratic management style of CEO ...
World Europe Luxury fashion Inside the faltering Swatch watch empire Maverick CEO Nick Hayek has overseen a decade of decline at the watchmaker. Can he see off a threat to his grip on the group?
Swatch’s chief executive has repeatedly raised the prospect of taking the company private, but no deal has materialised and he is now facing a threat to his grip on the company.