Swatch
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.
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.
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.
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.
Richemont, Swatch Rally, Bodes Well for Watches
Richemont advanced as much as 9.4 percent to a one-year high after a gain in sales of timepieces at the Cartier maker’s own stores signalled that wholesale orders may stop declining.
Richemont, Swatch Rally, Bodes Well for Watches
Richemont advanced as much as 9.4 percent to a one-year high after a gain in sales of timepieces at the Cartier maker’s own stores signalled that wholesale orders may stop declining.
Watchmaker Swatch Goes Into Car Batteries as Investors Question Strategy
Investors called the plan expensive and unrealistic and with 2016 group sales predicted to be below last year's 8.45 billion Swiss francs ($8.36 billion).
Watchmaker Swatch Goes Into Car Batteries as Investors Question Strategy
Investors called the plan expensive and unrealistic and with 2016 group sales predicted to be below last year's 8.45 billion Swiss francs ($8.36 billion).
Bottoms Up on Hermès, LVMH and Kering Performance
Investors breathed a sign of relief as better-than-expected first half results took some of the sting out of the sector’s most severe correction in seven years.
Bottoms Up on Hermès, LVMH and Kering Performance
Investors breathed a sign of relief as better-than-expected first half results took some of the sting out of the sector’s most severe correction in seven years.
LVMH, Kering, Richemont? Where to Place Your Bets.
As the global luxury market drifts, Luca Solca identifies four investment strategies for the sector.
LVMH, Kering, Richemont? Where to Place Your Bets.
As the global luxury market drifts, Luca Solca identifies four investment strategies for the sector.
Swatch Group Signed Contract with China's Geely for Battery
Swatch Group has signed a contract with Chinese car maker Geely, allowing it to use an innovative battery developed by the watchmaker's research firm Belenos.
Swatch Group Signed Contract with China's Geely for Battery
Swatch Group has signed a contract with Chinese car maker Geely, allowing it to use an innovative battery developed by the watchmaker's research firm Belenos.
Swatch's Hayek Says Watch Industry Is Not in Crisis
Growth in Swiss watch sales may have dipped but industry the 'is and remains healthy,' Swatch chief executive officer Nick Hayek said in an interview with the French language newspaper LeTemps.
Swatch's Hayek Says Watch Industry Is Not in Crisis
Growth in Swiss watch sales may have dipped but industry the 'is and remains healthy,' Swatch chief executive officer Nick Hayek said in an interview with the French language newspaper LeTemps.
Swiss Watchmakers Face Another Challenging Year
Swiss watchmakers are braced for another difficult year as economic woes in major markets curb consumers' appetite for pricey timepieces, industry executives said on Thursday.
Swiss Watchmakers Face Another Challenging Year
Swiss watchmakers are braced for another difficult year as economic woes in major markets curb consumers' appetite for pricey timepieces, industry executives said on Thursday.
Tissot Smartwatch Joins Swatch Lineup in Battle Against Apple
Swatch Group AG plans to introduce three smartwatches this year, as the Swiss company jostles with Apple Inc. and TAG Heuer in the market for wearable devices that do more than tell time.
Tissot Smartwatch Joins Swatch Lineup in Battle Against Apple
Swatch Group AG plans to introduce three smartwatches this year, as the Swiss company jostles with Apple Inc. and TAG Heuer in the market for wearable devices that do more than tell time.