PARIS — Swatch Group, the world’s largest watchmaker, posted record sales in the first half, as strong demand for its timepieces across all segments and regions allowed the company to snatch market share from competitors.
The Swiss group, which owns 19 brands ranging from luxury Breguet timepieces to affordable plastic Swatch watches, said net profit rose 54.5 percent to 465 million Swiss francs, or $430 million, in the first six months of the year, despite a rise in gold prices and a strong Swiss franc.
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