The Manila Times on MSN10h
Swatch profit falls on weak China demand
ZURICH ― Shares in Swiss watchmaker Swatch slumped on Thursday after it reported lower-than-expected earnings on the back of weak sales in China. The group, which also owns the Tissot, Longines and ...
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 ...
Man of Many US on MSN18h
Tissot’s New Le Locle Might Be the Best Value Automatic Watch on the Market
It often goes unheralded just how massive Tissot’s influence is on the Swiss watch market. While other brands in the Swatch ...
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.