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Swatch expects Chinese to buy more Omega watches | Reuters


Jul 23, 2013 ... Swatch expects Chinese to buy more Omega watches ... pace, but it's on a modest growth path again," Chief Executive Nick Hayek said on Tuesday. ... JPMorgan profit climbs 24 percent, beating forecasts, on trading surge.

Swatch clocks up Brexit boost - Financial Times


Jul 21, 2016 ... Watchmaker confirms profit slump while weak pound spurs surge in UK sales. ... the buying splurge in the UK capital is a rare piece of good news for Switzerland's ... because the brands are unappealing or people don't want to have watches. ... But Swatch said it was deliberately maintaining staffing levels.

Value Investors Club / Swatch Group (UHR.VX)


Swatch owns an enviable variety of Swiss watch brands, including Omega, Breguet, Tissot, and Swatch. ... 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 large ...

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


Feb 5, 2015 ... Swatch Group AG plans to keep investing more in a bid to gain market share ... will face new competition when Apple Inc. starts selling a smartwatch in April. ... and for profit to be “healthy” as some of its brands raise prices by as much as ... Sales of jewelry, watches and clocks in Hong Kong, where wealthy ...

Swatch leaves luxury watchmakers in a quandary | Fortune.com


Nov 13, 2013 ... Amazon. How to Stop the Amazon Echo From Buying Stuff .... Its net profit soared 26% last year to 1.6 billion Swiss francs ($1.76 billion). ... But Swatch's crown jewel is ETA, a manufacturing plant in nearby Grenchen that makes over 75% of the core mechanisms used in watches made by luxury competitors.

Swatch Buys Harry Winston Jewelry Brand for $1 Billion - Bloomberg


Jan 14, 2013 ... Swatch Buys Harry Winston Jewelry Brand for $1 Billion ... value of 23 times earnings before interest, tax, depreciation and amortization, according to Weber. ... develop and sell watches under the Tiffany brand and share the profits. ... Cartier because it has always been much smaller, but it does have a very ...

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 ...

Investor relations – Financial announcements – The ... - Swatch Group


Swatch Group is an international group active in the design, manufacture and sale of finished watches, jewelry, watch movements and components. Swatch ...

Swatch Group Shares Surge on 1H Results, 2H Outlook | Perpétuelle


Aug 14, 2009 ... First In Watches Comments on Swatch Group 1H'09 Results 1H'09 ... and a 28% drop in net profit, Swatch expressed optimism despite the sales drop, ... are buyingbut because retailers are scared about ordering watches ...

Swatch adds tech features to watches | Arab News


Mar 12, 2015 ... "This not only in turnover but also in profit." ... results was "very good" despite the surge in the value of the Swiss franc. ... PARIS French lensmaker Essilor has agreed to buy Italy s Luxottica maker of Ray Ban sunglasses in.