ZURICH ― Shares in Swiss watchmaker Swatch slumped on Thursday after it reported lower-than-expected earnings on the back of weak sales in China.

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 ...

In a report released today, Carole Madjo from Barclays maintained a Sell rating on The Swatch Group (SWGAF – Research Report), with a price ...

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Boyd Group Services (BYDGF – Research ...

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

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 ...

Thunder Bay Transit is installing a new digital farebox system on the fleet, but the reloadable transit cards won't be out ...

If we bundle together every model and generation, the Apple Watch is arguably the most popular watch of all time. By the end ...

Keen watchers of the global export figures for the Swiss watch industry might conclude that 2024 was a little more ...

Zurich - Swiss watchmaker Swatch Group saw its profits and sales plummet in 2024 due to falling demand in China and a decline ...

LVMH is the new Global Partner for Formula 1, arguably the most valuable sporting franchise in the world. Advertising slots for the Superbowl may cost more per minute, but have a fraction of the ...