Watch group Swatch saw its sales decline by more than 12% and its profits by 75% in 2024.
中国消费者需求下降导致销售额下滑,瑞士斯沃琪集团(Swatch)2024年利润大幅下滑。公司预计,2025年销售和业绩将大幅改善,但中国市场需求“仍将保持相对低迷”。
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 ...
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 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 ...
The maker of Omega, Longines and Tissot watches said its ... Net income at the company, which also makes the Swatch plastic watches, plunged to 219 million francs from 890 million francs a year ...
Swatch Group AG profit fell sharply as the watch industry continues to struggle with weakness in Chinese consumer demand.
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