Watch group Swatch saw its sales decline by more than 12% and its profits by 75% in 2024.

Swatch Group's sales and profit fell during 2024, the Swiss watchmaker said on Thursday, as improvements in the United States ...

ZURICH ― Shares in Swiss watchmaker Swatch slumped on Thursday after it reported lower-than-expected earnings on the back of weak sales in China.

PARIS — Skittish Chinese consumers at home or abroad dragged down the Swatch Group: The Swiss company’s 2024 net income ...

In a report released today, Carole Madjo from Barclays maintained a Sell rating on The Swatch Group (SWGAF – Research Report), with a price ...

This year’s rebound in European luxury-goods stocks is missing one notable name.Most Read from BloombergTexas HOA Charged ...

Swatch’s profit dipped more than 75 per cent while its sales decreased more than 12 per cent in FY24. The company’s net sales fell to CHF6.7 billion ($7.3 billion) for the year. Its operating profit ...

The watchmaker reported lower net sales for last year, as sales and market-share gains in the U.S., Japan, India and the ...

Swatch is celebrating the Year of the Snake with the launch of two new watch models, the Golden Red Bamboo and the Blue and ...

Today, the Swatch Group includes luxury brands like Omega, Longines and Blancpain, plus Breguet, Hamilton, Rado, Tissot and others. Swatch itself still produces highly affordable plastic watches with ...

Swatch Group AG profit fell sharply as the watch industry continues to struggle with weakness in Chinese consumer demand.

Zurich - Swiss watchmaker Swatch Group saw its profits and sales plummet in 2024 due to falling demand in China and a decline ...