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Swatch to Launch Smartwatch in Bid to Reverse Profit Decline - WSJ


Feb 5, 2015 ... Watchmaker Under Pressure From Recent Surge in Swiss Franc ... Swatch, which makes Tissot, Longines and Omega watches, will increase ... The company wants to compensate for currency losses by selling more watches.

Swatch Plans to Keep Spending as Franc Surge Trims Sales Growth ...


Feb 4, 2015 ... Swatch Group AG plans to keep investing more in a bid to gain market share as the surge in the Swiss franc reduces the watchmaker's prospects for sales growth . ... new competition when Apple Inc. starts selling a smartwatch in April. ... Sales of jewelry, watches and clocks in Hong Kong, where wealthy ...

Swatch Group on the Forbes Global 2000 List


Swatch Group #709 on the Forbes Global 2000 List. ... #709 Global 2000; #1,025 in Sales; #557 in Profit; #1,513 in Assets; #609 in Market value. The Swatch Group AG engages in the ... The Watches and Jewelry segment designs, produces, and markets watches and jewelry. ... But there are a few with Olympian riches.

Swatch adds tech features to watches, positive on 2015 - The ...


Mar 12, 2015 ... Swatch adds tech features to watches, positive on 2015 ... conference that the outlook for 2015 results was "very good" despite the surge in the value of the Swiss franc. ... "This not only in turnover but also in profit." ..... Remit to India|Buy Mobiles|Listen Songs|Voice Greetings|Technology News|...

7 biggest losers from Swiss currency blowout - Jan. 16, 2015


Jan 16, 2015 ... But Swiss bank UBS (UBS) notes that watchmakers should ultimately be ... The Swatch Group's CEO, Nick Hayek, was less optimistic. ... including Lindt and Rolex, may find that his earnings get squeezed. ... average mortgage repayment costs could surge by about 17%. ... Best Buy booms on strong sales ...

Swatch sees double-digit China growth for mid-range | Reuters


Apr 29, 2013 ... "It's not that the high-end watches are not doing well, that would be a lie. Blancpain ... Best Buy profit beats estimates; shares surge. Best Buy ...

How watchmakers coped with the rising Swiss franc - FT.com


Nov 14, 2015 ... ... in Switzerland, in contrast to their earnings, which are in a variety of currencies. ... With some Swiss watches selling for hundreds of thousands of euros, ... Swatch and Rolex — have put prices up in Europe, but not cut them elsewhere. ... Dealing with the impact of the franc's surge on their cost base is far ...

Swatch, Visa Launching Pay-By-Wrist Smartwatch | PYMNTS.com


Nov 30, 2015 ... Swatch-Visa Smartwatch Set To Launch In US Early 2016 ... The best selling point for Swatch is that this NFC payments-enabled ... But the race to win over Chinese consumers with wearable payments devices ... it doesn't want to have to rely on electricity to keep those watches ticking. .... To whose profit?

War of the Watches: Tiffany Versus Swatch – WWD


Sep 13, 2011 ... Fans Surge to Kanye West's 'Pablo' Shops .... The company had a dip in earnings for the fourth fiscal quarter because of restructuring and other .... Weisfeld Group Buys Metropark Rights ... But I believe in the romantic.

Swatch ends 2013 with record sales and hails strong start to 2014 ...


Jan 10, 2014 ... Upbeat: Swatch is famous for its plastic watches. SHARE PICTURE ... Government should stop assuming savers are earning... Prudential staff ...

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Value Investors Club / Swatch Group (UHR.VX)


Investment thesis for Swatch Group, UHR. ... Operating Profit by Watch Category ... Swiss watches are not purchased for their functionality, but instead as a status symbol. ... Further, as I will discuss in the valuation section, I believe you are buying at a .... Re: Re: swiss franc surges (don't wait ...buy your swiss watch today ...

Swatch earnings drop 27% on Swiss franc strength - MarketWatch


Feb 5, 2015 ... Swatch earnings drop 27% on Swiss franc strength ... world's largest watchmaker weighs the impact of the recent surge in the value of the Swiss franc on its business. ... Swatch must produce most of its watches in Switzerland to qualify for the Swiss-made label, but now receives fewer francs when it sells its .....

History - Swatch® International


New models were introduced, but changes in how watches were made were few and far between. ... Even the Swiss were buying cheap watches! .... The 5<sup>th</sup> annual competition in 2015 saw Team Europe surge ahead, 3 to 2, with an exciting ...