Swatch Group Archives - Inside Retail Asia

Asia powers Swatch Group sales record

An overview of watchmaker Swatch Group’s international business has revealed record half-year sales, largely led by Asia.

Swatch Group rent coup underlines landlord challenge

Swatch Group has secured two prime Central stores at rental rates less than half the previous tenants were paying.

Watch glut dents Richemont results

Richemont results released Friday in Europe showed group sales down 4 per cent, with watches down 15 per cent.

Swatch Group profit lowest for seven years

Swatch Group, the maker of Omega and Tissot timepieces, has reported its lowest first-half profit in seven years.

Swatch Group reports earnings decline

Swatch Group, parent of Tissot, Omega and Blancpain, amongst other brands, has reported its first earnings decline in six years.

Swatch’s Chinese partner acquires watch retailer

Hong Kong-based luxury watch retailer Hengdeli Holdings has acquired a rival in mainland China. Hengdeli, a retail partner of Swiss company Swatch Group, has invested 469.5 million yuan (US$77.3 million) to acquire 88.6 per cent of Nanchang Hengdeli Co, a retailer of watches, gold jewellery and eyewear in Nanchang City. “The acquisition can strengthen and consolidate the retail market of watches of the group in the central areas of China,” said Hengdeli Holdings in a statement. Hengdeli…

Swiss watch brand expands to China

Jaquet Droz opens first store in Shanghai.

Swatch sales soar in Asia

Swatch Group has shrugged off the weakening demand for luxury goods in China, reporting high sales.

China slashes duties on watches

Two-round reduction is good news for Swiss watch-makers.

Chow Tai Fook optimistic on China

Jewellery retailer to roll out new outlets in mainland.

x

SUBSCRIBE
FREE NEWS BRIEFS Get breaking news delivered