
Growing sales to 8 billion Swiss francs this year is still possible for the world's biggest watchmaker despite the negative impact of the weak dollar, Swatch Group Chief Executive Nick Hayek said in a newspaper interv...
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Growing sales to 8 billion Swiss francs this year is still possible for the world's biggest watchmaker despite the negative impact of the weak dollar, Swatch Group Chief Executive Nick Hayek said in a newspaper interv...
Swatch Group will have to work hard to achieve its goal of increasing sales this year to 8 billion Swiss francs ($8.50 billion) from last year's record high of 7 billion, its chief executive told Reuters on Thursday.
You name it, Beirut's got it. These days, however, it seems there are not that many people around who want it, or at least not enough who can afford to buy it.
Omega and Longines, two of Swatch Group's biggest brands, on Wednesday said the year had started well and they planned to make further inroads into China by opening dozens of shops.
Swatch Group, is aiming for record sales of more than 7 billion Swiss francs ($7.5 billion) this year and will hire 1,000-1,500 in Switzerland to boost production capacity, its head told Le Temps newspaper.
Swatch Group, the world's largest watchmaker, expects another record year in 2011 as buoyant demand for its timepieces and price increases should help it offset the soaring Swiss franc.
Shares in watchmaking group Swatch dropped on Tuesday after the sudden death of chairman Nicolas Hayek, widely regarded as the founding father of the fashionable Swatch plastic watch and saviour of the Swiss watch ind...
Swatch Group, the world's largest watchmaker, expects stronger demand for its timepieces to boost profitability this year, giving the latest sign the watch industry is recovering from a deep slump.
Swiss watchmakers are preparing for the crucial pre-Christmas period with cautious optimism, viewing an uptick in demand as a sign that the crisis may finally be over.
Swatch Group, the world's largest watchmaker, expects demand for its timepieces to pick up in the second half of the year after first-half net profit dropped by less than expected.