The Swiss watchmaker sees India as a bright spot thanks to improving distribution infrastructure and new shopping centres.
UBS has downgraded shares of Swatch Group AG (SIX:UHR) and Moncler (LON:0QII), citing soft demand in key luxury markets, particularly China, and a challenging outlook for the luxury goods sector ...
Sign up here It’s been said that what Jean-Claude Biver doesn’t know about watches isn’t worth knowing. Let us examine the evidence. Legend has it that the Luxembourg-born son of a shoe salesman ...
Shares in The Swatch Group rose more than 4% Thursday after new data showed that Swiss watch exports “unexpectedly rebounded” in August. Exports saw a 6.9% rise compared to a 1.6% increase in July and ...
In a report released today, Zuzanna Pusz from UBS downgraded The Swatch Group (SWGAF – Research Report) to a Sell, with a price target of ...
Yves Bugmann, president of the Federation of the Swiss Watch Industry, learned about the business as a young man and now has ...
Exports of Swiss watches recorded a slight rebound in August, but the negative performance of the past months is expected to continue, notably in the all-important Chinese market.
Troubles in the luxury watch market continue, evidenced by the latest report from the Federation of the Swiss Watch Industry. Swiss watch exports in August were 1.2 million units, 125,000 less ...