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Swatch Group

Retail

Dutch Court Backs Swatch in $400 Million Row With Tiffany

An arbitration panel in the Netherlands had ordered Tiffany in December 2013 to pay Swatch $404.5 million in damages over the aborted project to produce and market watches.

Retail

Dutch Court Backs Swatch in $400 Million Row With Tiffany

An arbitration panel in the Netherlands had ordered Tiffany in December 2013 to pay Swatch $404.5 million in damages over the aborted project to produce and market watches.


Technology

Swatch to Launch Smartwatch Operating System by 2018

The world's biggest watchmaker has previously been skeptical about smartwatches and has so far launched watches with limited connected features under its Tissot and Swatch brands.

Technology

Swatch to Launch Smartwatch Operating System by 2018

The world's biggest watchmaker has previously been skeptical about smartwatches and has so far launched watches with limited connected features under its Tissot and Swatch brands.


Retail

Swatch Sees Rebound in US, Europe as Watch Sales Improve

The watchmaker forecast a rebound in US and European markets, adding to further signals that the industry’s longest slump on record may be ending.

Retail

Swatch Sees Rebound in US, Europe as Watch Sales Improve

The watchmaker forecast a rebound in US and European markets, adding to further signals that the industry’s longest slump on record may be ending.


Luxury

Swiss Watch Slump Extends Beyond a Year as Hong Kong Demand Ebbs

Swiss watch exports declined for a 13th consecutive month in July as Hong Kong, traditionally the biggest market for luxury timepieces, slipped to second place for the first time in almost a decade.

Luxury

Swiss Watch Slump Extends Beyond a Year as Hong Kong Demand Ebbs

Swiss watch exports declined for a 13th consecutive month in July as Hong Kong, traditionally the biggest market for luxury timepieces, slipped to second place for the first time in almost a decade.


Luxury

Luxury Watch Market Sobers Up

With the luxury watch market under pressure, the shift to affordable steel models is depressing growth and retail space productivity, according to new research by Exane BNP Paribas.

Luxury

Luxury Watch Market Sobers Up

With the luxury watch market under pressure, the shift to affordable steel models is depressing growth and retail space productivity, according to new research by Exane BNP Paribas.


News & Analysis

Swatch Profit Warning Places CEO Hayek Under Fire From Investors

Swatch Group chief executive officer Nick Hayek came under fire from investors for what they called unrealistic projections and a resistance to adapt to a deteriorating market, after the Swiss watchmaker reported collapsing earnings.

News & Analysis

Swatch Profit Warning Places CEO Hayek Under Fire From Investors

Swatch Group chief executive officer Nick Hayek came under fire from investors for what they called unrealistic projections and a resistance to adapt to a deteriorating market, after the Swiss watchmaker reported collapsing earnings.


News & Analysis

Swatch First-Half Profit Slumps as Much as 60 Percent

Swatch Group, the maker of Omega and Tissot timepieces, said first-half profit fell about 50 percent to 60 percent on weak demand in Asia and Europe and the strength of the Swiss franc.

News & Analysis

Swatch First-Half Profit Slumps as Much as 60 Percent

Swatch Group, the maker of Omega and Tissot timepieces, said first-half profit fell about 50 percent to 60 percent on weak demand in Asia and Europe and the strength of the Swiss franc.


News & Analysis

Swiss Watch Industry Exports Continue to Struggle in May

Switzerland's watch industry exports fell nearly 10 percent in May as watchmakers continued to struggle with the aftermath of last year's extremist attacks in Europe and a prolonged slowdown in Asia.

News & Analysis

Swiss Watch Industry Exports Continue to Struggle in May

Switzerland's watch industry exports fell nearly 10 percent in May as watchmakers continued to struggle with the aftermath of last year's extremist attacks in Europe and a prolonged slowdown in Asia.


News & Analysis

Swatch Backpaddles on Phasing Out Watch Movement Deliveries

Swatch Group said Swiss competition authority Weko was examining if the world's biggest watchmaker could supply more mechanical movements to its customers than was set out in a 2013 agreement on phasing out deliveries.

News & Analysis

Swatch Backpaddles on Phasing Out Watch Movement Deliveries

Swatch Group said Swiss competition authority Weko was examining if the world's biggest watchmaker could supply more mechanical movements to its customers than was set out in a 2013 agreement on phasing out deliveries.


News & Analysis

Swatch to Add Sunglasses With Safilo as Swiss Watch Demand Ebbs

Swatch Group AG will introduce sunglasses under its namesake brand this year under a five-year alliance with Safilo Group SpA.

News & Analysis

Swatch to Add Sunglasses With Safilo as Swiss Watch Demand Ebbs

Swatch Group AG will introduce sunglasses under its namesake brand this year under a five-year alliance with Safilo Group SpA.