Swatch Group Cuts Dividend on Lower Sales Due to Weak China Demand
The watchmaker reported lower net sales for last year, as sales and market-share gains in the U.S., Japan, India and the ...
Swatch Posts Steep Drop in Sales and Profit as China Struggles
ZURICH (Reuters) - Swatch Group's sales and profit fell during 2024, the Swiss watchmaker said on Thursday, as improvements ...
Swatch Group Profits Slump 75% in 2024, Dragged Down by China
PARIS - 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 ...