Swatch Group

The Swatch store in Times Square.

Financial

Swatch Group Posts Loss but Expects Improvement

Swatch Group, which owns Omega and Longines, posted an annual loss but expects business to improve this year.

clock January 28, 2021Mimosa Spencer

Backstage at Louis Vuitton men's Fall 2019

Human Resources

Louis Vuitton Names New Retail Boss After Tiffany Shakeup

David Ponzo has succeeded Tiffany-bound Anthony Ledru.

clock January 14, 2021Joelle Diderich

The Swatch store in Times Square

Financial

Swiss Watch Exports Drop 35% in June Despite China Bump

The monthly statistics show signs of a recovery, noted Bernstein analysts.

clock July 21, 2020Mimosa Spencer

Inside the revamped Cartier Old Bond Street boutique

Business Features

A Most Violent Half: China Is Back, But Luxury’s Outlook Remains Grim

The double-digit sales declines reported this week were shocking, and unlike anything the industry has ever witnessed. Although COVID-19 is abating, and trends are improving, true recovery won’t come until people can travel internationally once again.

 

clock July 17, 2020Samantha Conti

A view of a Swatch store in New York

Financial

Swatch Cuts Staff, Stores as H1 Earnings Drop

With new product launch activities resuming in the second half, group expects positive operating result for the year.

clock July 14, 2020Mimosa Spencer

A view of a Swatch store in New York

Human Resources

Swatch Group Reshuffles Top Management, Promotes Internally

The Swiss watchmaker named new bosses for Longines, Rado, Union, Tissot, Certina and Hamilton.

clock June 19, 2020Mimosa Spencer

A view of a Swatch store in New York

Financial

Swatch Group Plans Dividend Cut as Coronavirus Bites

The world’s biggest watchmaker will ask shareholders to approve a 30 percent cut in its planned dividend.

clock April 17, 2020Joelle Diderich

Ulysse Nardin's Diver X Antarctica watch

Watches

Geneva Watch Days Event Moved to August

Labels taking part in the Aug. 26 to 29 event include Bulgari, Breitling, Ulysse Nardin and Girard-Perregaux.

clock March 24, 2020Mimosa Spencer

Tissot Smart-Touch

Watches

Swatch Lowers Production, Sees Slow Return of Chinese Consumption

The group expects consumption to normalize in China in around a month.

clock March 19, 2020Mimosa Spencer

The Swatch store in Times Square

Watches

Swatch Group Cancels Swiss Watch Event Due to Coronavirus

The world’s biggest watchmaker plans to show its high-end labels at regional events at a later time.

clock February 4, 2020Mimosa Spencer

A view of a Swatch store in New York

Financial

Swatch Group Sales, Profits Hit by Hong Kong Protests

Net profits fell 13.7 percent in 2019, but the company expects healthy growth in 2020 in all markets, except Hong Kong.

clock January 30, 2020Joelle Diderich

Marcolin

Eyewear

CEO Talks: Marcolin’s Massimo Renon on Brand Diversification, Industry’s Changing Scenario

A licensing agreement with BMW Group is the latest addition to the Italian eyewear company’s portfolio.

clock November 13, 2019Luisa Zargani

Calvin Klein watches

Financial

Swatch Group to Let Calvin Klein Licensing Deal Expire

The Swiss watchmaker cited “recent turbulence” in the management of the brand.

clock October 22, 2019Joelle Diderich

Marcolin Group ceo Massimo Renon

Eyewear

Marcolin to Develop Omega and Longines Eyewear Collections

Both the collections, including sunglasses and optical frames, will hit stores in November.

clock October 8, 2019Alessandra Turra

A view of a Swatch store in New York

Financial

Swatch Group H1 Net Profit Falls 11.3% Amid Crackdown on Gray Market

Revenues were down 4.4 percent as political unrest impacted sales in Hong Kong, the world’s number-one market for Swiss watches.

clock July 17, 2019Mimosa Spencer

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Essentialist

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Beauty

China Exempts Cosmetics From Animal Testing Starting in May

clock March 4, 2021Tiffany Ap

Social Studies

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