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.
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Best Swatch watches in 2025 for bright, affordable fun
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 ...
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 ...
Short Sellers Circle Swatch With Banks Most Bearish in Years
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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’s profit fell 75 per cent on double-digit sales decline
Swatch’s profit dipped more than 75 per cent while its sales decreased more than 12 per cent in FY24. The company’s net sales fell to CHF6.7 billion ($7.3 billion) for the year. Its operating profit ...
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CORDER’S COLUMN: Could Omega have outbid Rolex and LVMH for F1 deal?
LVMH is the new Global Partner for Formula 1, arguably the most valuable sporting franchise in the world. Advertising slots ...
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= ...