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Swatch

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.


Luxury

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.

Luxury

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.


News & Analysis

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).

News & Analysis

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).


Luxury

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.

Luxury

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.


Financial Markets

LVMH, Kering, Richemont? Where to Place Your Bets.

As the global luxury market drifts, Luca Solca identifies four investment strategies for the sector.

Financial Markets

LVMH, Kering, Richemont? Where to Place Your Bets.

As the global luxury market drifts, Luca Solca identifies four investment strategies for the sector.


Technology

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.

Technology

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.