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China, Swatch
Swatch — the parent of Longines, Omega, and Tissot — is seeing sales slump, and it's because of China
Watch group Swatch saw its sales decline by more than 12% and its profits by 75% in 2024.
Swatch posts steep drop in sales and profit as China struggles
Swatch Group's sales and profit fell during 2024, the Swiss watchmaker said on Thursday, as improvements in the United States and Japan failed to offset a steep downturn in China. The maker of Omega,
Swatch Profit Plunges Almost 75%, Hit by Weakness in China
Swatch Group AG profit fell sharply as the watch industry continues to struggle with weakness in Chinese consumer demand.
Swatch Group Profits Slump 75% in 2024, Dragged Down by China
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 rates.
13h
on MSN
Swatch’s new MoonSwatch strap has transformed my Mission to Pluto – but it isn’t perfect
The colour of mine matches the Mission to Pluto pretty well, and I like how the strap is embellished with both “Speedmaster” ...
4d
on MSN
Swatch Group Shares Slump After Disappointing Results
Stock slid after the company posted disappointing results driven by falling sales in its crucial market China, which accounts ...
Gear Patrol on MSN
11d
Swatch Just Launched Its Most Daring Blancpain Dive Watch Yet
Swatch just released the eighth installment in the bioceramic Blancpain Scuba Fifty Fathoms line, and it is by far the ...
3d
Swatch Group price target lowered to CHF 125 from CHF 135 at JPMorgan
JPMorgan lowered the firm’s price target on Swatch Group (SWGAY) to CHF 125 from CHF 135 and keeps an Underweight rating on the shares.Invest ...
7d
on MSN
This Sexy New Swatch Collection Celebrates the Year of the Snake
Swatch is celebrating the Year of the Snake with the launch of two new watch models, the Golden Red Bamboo and the Blue and ...
2d
Swatch Group Sees Results Plummet In 2024
Swatch Group reported sharply lower results for 2024. The prolonged slowdown of the watchmaking <a target=_blank href= ...
3d
Swatch Group price target raised to CHF 150 from CHF 140 at RBC Capital
RBC Capital raised the firm’s price target on Swatch Group (SWGAY) to CHF 150 from CHF 140 and keeps an Underperform rating on the ...
10d
Swatch and Blancpain’s New Scuba Fifty Fathoms Is Doused in Bubblegum Pink
It’s been over a year since Swatch and Blancpain welcomed a new reference to their Bioceramic Scuba Fifty Fathoms series.
Stuff
7d
Best Swatch watches in 2025 for bright, affordable fun
Looking for the best
Swatch
watches? We’ve got you covered, but first, a history lesson, because
Swatch
has one hell of a backstory. It only arrived in 1983 but is arguably responsible for saving ...
fratellowatches.com
11d
Hot Take: Living “La Vie En Rose” With The New Blancpain × Swatch Scuba Fifty Fathoms Pink Ocean
We often ask ourselves, “Will we see new MoonSwatch or Scuba Fifty Fathoms models? What will the folks at Swatch come up with ...
3d
The Swatch Group (SWGAF) Receives a Sell from Barclays
In a report released today, Carole Madjo from Barclays maintained a Sell rating on The Swatch Group (SWGAF – Research Report), with a price ...
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