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

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 ...

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

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 ...

Keen watchers of the global export figures for the Swiss watch industry might conclude that 2024 was a little more ...

Stock slid after the company posted disappointing results driven by falling sales in its crucial market China, which accounts ...

Swatch Group reported sharply lower results for 2024. The prolonged slowdown of the watchmaking <a target=_blank href= ...

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

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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 ...