Swatch Keeps Ticking in a Sea of Uncertainties
Swatch’s CEO Nick Hayak continued to make the rounds of the haute horology literati this week, touting the company’s increased sales even as the European Union pursued an antitrust probe into the Swis…
Swatch Group is Optimistic Thanks to Product Diversity
Swatch’s ambitious goal of earning $8.1 billion in 2012 is on track, according to CEO Nick Hayek. Last year’s sales broke records at $7.5 billion for the Swiss watchmaker. This year’s economic slowdow…
Occupy Swatch Movement
Swatch has just unveiled their latest creation – a watch for the global Occupy protest movement. Displaying the word “occupy” on it during the companies news conference in Geneva on Thursday, Ni…
Swatch Predicts More Profits In 2012
The world’s largest watchmaker, Swatch said it expects growth to continue this year after a good start in January. The company, whose products range from high-end automatic watches like Breguet…
Swatch Group No Longer The Supermarket To The Watch Industry
High-end brands will be searching for alternative suppliers now that Swatch Group has decided to lower the watch part supplies to rival watchmakers. For decades Swatch has served as one of the…
The Swatch Group’s Most Successful Decemeber Yet
Having the strongest month of turnover in December, The Swatch Group exceeded CHF 7 billion for the first time in the company’s history with group sales of watches and jewelry up 21.7%. The most…