By Bloomberg Published September 27, 2024 Swatch Group AG Chief Executive Officer Nick Hayek said that it’s “pure speculation” that the company is considering going private now, although it’s something …
By Bloomberg Published Jul 24, 2024 From luxury brands to car makers, European companies are taking a hit from China’s slowdown, and more trouble is coming for businesses heavily reliant …
By Bloomberg Published Jul 16, 2024 Sales of Swiss-made luxury watches are in sharp retreat as nervous consumers reconsider splashing out on expensive timepieces and demand slumps in one of …
By Bloomberg Published Jul 15, 2024 Swatch Group AG said sales and profit fell sharply amid a China-led slowdown for luxury watchmakers. Swatch The Swiss watchmaking conglomerate, whose brands include …
By Bloomberg Published Jun 13, 2024 Swatch Group AG is shaking up its executive management committee just months after the watch and jewelery maker faced investor calls for improved corporate …
By Bloomberg Published Feb 20, 2024 Swiss watch exports rose modestly in January as growth slowed and weak demand for luxury and mid-priced watches dragged on the sector. Monthly exports …
By Bloomberg Published Jan 23, 2024 Swatch Group AG failed to hit the sales record predicted by its chief executive officer as the return of customers in China for brands …
StockX, the leading online marketplace for sneakers, streetwear, electronics, and collectibles, has unveiled its annual report, highlighting key milestones in 2023 for brands such as Asics, Ugg, and Arc’teryx. Asics, …
By Bloomberg Published Dec 9, 2023 The biggest ever boom in Swiss luxury watches is coming to an end. For three years, the industry enjoyed a surge of renewed interest …
By Bloomberg Published Nov 8, 2023 Jörg G. Bucherer, the billionaire third-generation scion of one of the most exclusive watch and jewelry retailers in the world, has died just months …