It is obviously a constantly changing situation, but the list of companies from financial and other services to sporting associations, film/ entertainment, automobile, technology, fashion, sporting, logistics groups, retailers and more who are suspending operations in Russia increases by the… Read More ›
The Swatch Group has released its half year report for 2020. The year started strongly with an operating margin of 21.4% in the Watches & Jewellery segment (without Production) and 17.3% for the overall Group despite COVID-19 lockdowns in mainland… Read More ›
There may be fewer releases this year, with many brands deciding to hold back new models until the situation is more stable, but it is by no means a totally quiet period. The Swatch Group has announced changes to its… Read More ›
The Swatch Group has issued the following statement : “Considering the uncertainty related to the Coronovirus outbreak, and in order to guarantee the welfare of our guests, partners, and colleagues, Swatch Group has decided not to hold the “Time to… Read More ›
Hot on the heels of the announcement by the SIHH and Baselworld fairs that they will co-ordinate their fairs for the period of 2020 – 2024 comes the news, reported by Reuters, that the Swatch Group, whose shock announcement that… Read More ›
Further to a post from a few days ago, the Swatch Group has reported its lowest first-half profit in seven years as demand cratered in Hong Kong, France and Switzerland. The operating profit for the first half of the… Read More ›
In an early warning ahead of the Swatch Group’s announcement of its half yearly results, President Nick Hayek has announced that the Group’s profits dropped by 60 percent for the first six months of 2016. The drop is mostly due… Read More ›
The downturn in the Swiss watch industry has lead to a rather interesting situation. Swatch Group SA have announced that the Swiss Competition Commission Weko are reviewing at whether there’s room to manoeuvre within the 2013 agreement made between the… Read More ›
Indian news media report that the Swatch Group, in order to meet the condition of 30 per cent local sourcing for foreign companies engaged in single-brand retailing in India, has notified the Department of Industrial Policy and Promotion that it… Read More ›
A fire broke out at 8:45am on Sunday 29th December 2013 at the ETA (Swatch Group) building in Grenchen, destroying the galvanic workshop, where metal is electroplated and rust-proofed, as well as causing smoke damage to other areas. There was… Read More ›
HOROLOGIUM 