PARIS — Swatch Group said Wednesday that net profits rose 20.2 percent in 2013, and the world’s largest watch group forecast continued healthy growth in 2014 after brisk sales in the first month of the year.
The company — parent of brands including Omega, Breguet, Blancpain and Swatch — posted net income of 1.93 billion Swiss francs, or $2.08 billion, in 2013 versus 1.61 billion Swiss francs, or $1.72 billion, the previous year. All dollar rates are calculated at average exchange for the period concerned.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"