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Swatch Group is the world's biggest watchmaker

Swatch sales fall 14.3% in first half of 2024

Swatch Group reported a steep fall in first half sales and earnings today as the world's biggest watchmaker struggled with weaker demand in China.

Business • 15 Jul 24

Swatch Group is sticking to its forecast for double-digit sales growth this year

Swatch Group upbeat as China comes out of lockdown

Swatch Group stuck to its forecast for double-digit sales growth this year after pandemic lockdowns in China had less impact than feared on the world's biggest watchmaker's first-half results today.

Business • 14 Jul 22

Russia accounted for around 1% of group sales at Swatch

Swatch sees no big business impact from Russia crisis

Swiss watchmaker Swatch Group does not expect a material negative impact on its sales or regarding access to raw materials following Russia's invasion of Ukraine, its chief executive said today.

Business • 17 Mar 22

Swatch reported a net profit of 774 million Swiss francs for 2021 from a 53 million loss in 2020

Swatch Group returns to profit, sees strong sales ahead

Swiss watchmaker Swatch Group said it expected double-digit sales growth in local currencies this year after sales and profits recovered in 2021.

Business • 25 Jan 22

Swatch Group's sales jumped more than 50% as demand recovered from the low point of the Covid-19 pandemic

Swatch Group returns to profit as H1 sales jump

Swatch Group returned to profit in the first six months of 2021 and its sales jumped more than 50% as demand recovered from the low point of the Covid-19 pandemic, the Swiss watchmaker said today.

Business • 13 Jul 21

Swatch's sales fell 46.1% to 2.2 billion Swiss francs ($2.34 billion) in the first half of 2020

Swatch Group sales almost halve, posts net loss in H1

Swatch Group said it expected sales and profits to improve quickly in the coming months after the Covid-19 pandemic led it to post a net loss in the first half of the year.

Business • 14 Jul 20

Swatch is an important supplier of watch movements that power mechanical timepieces

Swiss watchdog curbs Swatch watch movement shipments

The Swiss competition watchdog has restricted Swatch Group's shipments of watch mechanisms to other companies ahead of a final decision in mid-2020 in a long-running dispute.

Business • 19 Dec 19

Swatch Group