Swatch Group Cuts Dividend on Lower Sales Due to Weak China Demand
The watchmaker reported lower net sales for last year, as sales and market-share gains in the U.S., Japan, India and the ...
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 Group Sees Results Plummet In 2024
Swatch Group reported sharply lower results for 2024. The prolonged slowdown of the watchmaking <a target=_blank href= ...
Swatch Group Profits Slump 75% in 2024, Dragged Down by China
PARIS - 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 ...
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Watch sales likely to be down double-digits across Swatch Group, LVMH and Richemont in 2024
Keen watchers of the global export figures for the Swiss watch industry might conclude that 2024 was a little more ...
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 ...
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Swatch Group's results weighed down by China in 2024
Zurich - Swiss watchmaker Swatch Group saw its profits and sales plummet in 2024 due to falling demand in China and a decline ...
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 ...