
...timepiece later on, he said in emailed comments.Shares in Richemont were up 0.2 percent at 1315 GMT, while those of peer Swatch Group, which is more exposed to the entry-price segment, were down 0.6 percent.Shares ...
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...timepiece later on, he said in emailed comments.Shares in Richemont were up 0.2 percent at 1315 GMT, while those of peer Swatch Group, which is more exposed to the entry-price segment, were down 0.6 percent.Shares ...
...Swiss watchmaker Swatch Group is quitting the annual Baselworld watch and jewellery trade fair, said a report on Sunday, calling time on an event that has been a fixture of the luxury industry calendar for a century.
... growth. Conversely, ten groups posted double-digit sales downturns in the year, among them two top-10 names, the Swatch Group and Ralph Lauren.Canada Goose topped the ranking of fast-growing luxury companies “Howe...
...figures in the top 10 where the dominant names are LVMH, Estée Lauder, Richemont, Luxottica, Kering, L'Oréal Luxe, Swatch Group, Ralph Lauren Corp, PVH Corp, and Chow Tai Fook Jewellery Group. France may only have ...
...Swatch Group Chief Executive Nick Hayek said the Swiss watchmaker had enjoyed a strong start to 2018 and was cheered by the recent weakening of the Swiss franc.
...were getting genuine products in good working order and with a valid warranty.Bigger brands Rolex, Patek Philippe, Swatch Group, Richemont and Breitling all declined to comment, when asked whether they planned to e...
...it tweaks its distribution.Plummeting sales and profits over the last two years forced Richemont and rivals such as Swatch Group to clear excess inventory at retailers, but earnings are improving and Vigneron said ...
...ting the ongoing positive environment for luxury goods,” he said.The downturn had forced Richemont and peers like Swatch Group to clear excess inventory at retailers, offer cheaper products and open up to connected...
...translated into sharply lower profits in recent years.Profitability at luxury group Richemont and more diversified Swatch Group is recovering now, helped by improving sales, but a tight focus on costs remains vital...
...center and replaces the traditional balance spring, the watch industry’s most coveted and strategic component on which Swatch Group still has a quasi-monopoly.“We want to supply this component to other brands, to T...