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Swatch

News & Analysis

Report: Swatch Quits Annual Baselworld Trade Fair

The Swiss watchmaker is quitting the annual trade fair, according to a local paper, calling time on an event that has been a fixture of the industry calendar for a century.

News & Analysis

Report: Swatch Quits Annual Baselworld Trade Fair

The Swiss watchmaker is quitting the annual trade fair, according to a local paper, calling time on an event that has been a fixture of the industry calendar for a century.


Luxury

Luxury's Giants Look to Extend Their Winning Streak

This Monday, everyone will be talking about LVMH and Kering's upcoming financial results, the Swiss watch industry's rebound and new documentaries about Alexander McQueen and Kevyn Aucoin. Read our Cheat Sheet.

Luxury

Luxury's Giants Look to Extend Their Winning Streak

This Monday, everyone will be talking about LVMH and Kering's upcoming financial results, the Swiss watch industry's rebound and new documentaries about Alexander McQueen and Kevyn Aucoin. Read our Cheat Sheet.


Financial Markets

Swatch Reports Highest Profit in Three Years Amid Watch Rebound

Operating income rose 70 percent in the first half to 629 million francs ($628 million).

Financial Markets

Swatch Reports Highest Profit in Three Years Amid Watch Rebound

Operating income rose 70 percent in the first half to 629 million francs ($628 million).


News & Analysis

Swatch CEO Sees Double-Digit Growth Continuing This Year

Swatch's bullish outlook came as the Swiss watch industry reported March exports rose 4.8 percent compared with a year earlier.

News & Analysis

Swatch CEO Sees Double-Digit Growth Continuing This Year

Swatch's bullish outlook came as the Swiss watch industry reported March exports rose 4.8 percent compared with a year earlier.


News & Analysis

Swatch Says Its Low-End Brands Are Sweeping Up Market Share

Switzerland’s largest watchmaker reported an increase in profit for the first time in four years, thanks to growth at Tissot and its namesake brand.

News & Analysis

Swatch Says Its Low-End Brands Are Sweeping Up Market Share

Switzerland’s largest watchmaker reported an increase in profit for the first time in four years, thanks to growth at Tissot and its namesake brand.


News & Analysis

Swatch CEO Says Sales Growth to Accelerate Through Year End

As the Swiss watch industry rebounds from the longest slump since the quartz crisis, wholesalers are no longer holding back on orders to stock up again, Nick Hayek said.

News & Analysis

Swatch CEO Says Sales Growth to Accelerate Through Year End

As the Swiss watch industry rebounds from the longest slump since the quartz crisis, wholesalers are no longer holding back on orders to stock up again, Nick Hayek said.


News & Analysis

Op-Ed | Swiss Watch Sparkle Could Be a Fickle Friend

While Swiss watch sales are in better shape than they were a year ago, Richemont and Swatch should be wary of thinking the recovery is assured.

News & Analysis

Op-Ed | Swiss Watch Sparkle Could Be a Fickle Friend

While Swiss watch sales are in better shape than they were a year ago, Richemont and Swatch should be wary of thinking the recovery is assured.


Retail

Swiss Watch Rebound Continues, Led by Pricier Models

Richemont shares are up 1.2 percent as exports of premium watches increase for the fourth consecutive month.

Retail

Swiss Watch Rebound Continues, Led by Pricier Models

Richemont shares are up 1.2 percent as exports of premium watches increase for the fourth consecutive month.


News & Analysis

Swatch CEO Predicts Swiss Watch Turnaround in 2017

Revenue will rise 7 percent to 10 percent in local currencies, Nick Hayek said in an interview. The CEO’s forecast was off last year, however: he had predicted a 5 percent increase, but sales slumped 11 percent.

News & Analysis

Swatch CEO Predicts Swiss Watch Turnaround in 2017

Revenue will rise 7 percent to 10 percent in local currencies, Nick Hayek said in an interview. The CEO’s forecast was off last year, however: he had predicted a 5 percent increase, but sales slumped 11 percent.


News & Analysis

Swiss Watchmakers Cautiously Optimistic for US, China in 2017

Luxury watchmakers have been grappling with a combination of weak demand in Hong Kong and the United States, and Chinese tourists avoiding Europe for fear of militant attacks.

News & Analysis

Swiss Watchmakers Cautiously Optimistic for US, China in 2017

Luxury watchmakers have been grappling with a combination of weak demand in Hong Kong and the United States, and Chinese tourists avoiding Europe for fear of militant attacks.