Swatch Group Profits Slump 89% in 2025 on Decision to Maintain Jobs
PARIS — The cost of maintaining production capacities and jobs without asking for subsidies for reduced hours is clear at the Swatch…
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PARIS — The cost of maintaining production capacities and jobs without asking for subsidies for reduced hours is clear at the Swatch…
PARIS – It’s the darker months of the year, including for Swiss watch exports. Shipments from the country fell 7.3 percent to 2.2 billion…
PARIS – The U.S. lost its crown as the top market for Swiss watch exports in September. Exports to the country slumped 55.6 percent in the…
PARIS — Swiss watch exports cooled significantly in August. Shipments of wristwatches fell 16.4 percent, reaching 1.57 billion Swiss…
PARIS – While Switzerland is still reeling from the 39 percent tariff announced by the U.S. on July 31, July figures show Swiss…
PARIS – China continues to weigh heavily on the Swatch Group, with the company posting Thursday an 88 percent slump in first-half net…
PARIS – Watchmakers and retailers rushing to beat a looming, but moving, deadline for U.S. tariffs fueled timepiece exports in April. A…
PARIS — Is it the inflection point for Swiss watches? Exports in March grew by 1.5 percent in value to 2.1 billion Swiss francs despite a…
PARIS – Winter is far from over for Swiss watches as the market continued to cool in February. Exports in the month contracted by 8.2…
PARIS – Could the Swiss watch industry’s woes be over in 2025? Export of timepieces returned to growth in January, according to figures…