Swatch Group AG profit fell sharply as the watch industry continues to struggle with weakness in Chinese consumer demand.

As China's market for high-priced products slumps, Swiss watchmaker Rado turns to India to drive growth as the country's ...

Watch group Swatch saw its sales decline by more than 12% and its profits by 75% in 2024.

Swatch Group reported sharply lower results for 2024. The prolonged slowdown of the watchmaking industry in China, the watchmaking group's largest market, and the strength of the Swiss franc continued ...

Swatch Group's sales and profit fell during 2024, the Swiss watchmaker said on Thursday, as improvements in the United States ...

The watchmaker reported lower net sales for last year, as sales and market-share gains in the U.S., Japan, India and the ...

Skittish Chinese consumers at home or abroad dragged down the Swatch Group: The Swiss company’s 2024 net income dropped 75 percent to 219 million Swiss francs, or $242 million at current exchange ...

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 ...

The Swiss watchmaker Swatch Group experienced a severe downturn in fiscal year 2024, with net profit plummeting by approximately 75% to 219 million Swiss francs. This dramatic decline prompted the ...

India has become the largest market for Swiss watchmaker Rado due to strong demand, outperforming China. Rado's success in ...

Shares in Swatch Group UHR3.40%increase ... Shares were down 5.3% at 154.60 Swiss francs in early European trade Thursday.