Swatch — the parent of Longines, Omega, and Tissot — is seeing sales slump, and it's because of China
Watch group Swatch saw its sales decline by more than 12% and its profits by 75% in 2024.
Man of Many US on MSN7h
Tissot’s New Le Locle Might Be the Best Value Automatic Watch on the Market
It often goes unheralded just how massive Tissot’s influence is on the Swiss watch market. While other brands in the Swatch ...
Swatch’s profit fell 75 per cent on double-digit sales decline
Swatch’s profit dipped more than 75 per cent while its sales decreased more than 12 per cent in FY24. The company’s net sales fell to CHF6.7 billion ($7.3 billion) for the year. Its operating profit ...
WorldSBK7h
WHAT WE LEARNT FROM TESTING: limited dry-running leaves everyone guessing ahead of Australia
Four days, one full day of dry weather running across two circuits… wind and rain ruining plans for teams and riders, but we ...
The Swatch Stock: Profit Plunges 75% Amid China Slowdown
The Swiss watchmaker Swatch Group experienced a severe downturn in fiscal year 2024, with net profit plummeting by approximately 75% to 219 million Swiss francs. This dramatic decline prompted the ...
Broadcast5h
NBA Paris Games 2025 breaks viewership records
The NBA Paris Games 2025 presented by Tissot – the 96th and 97th NBA games in Europe since 1984 and the league’s 219th and ...
Advanced Television22h
NBA Paris Games see record social media engagement, viewership
The NBA Paris Games 2025 presented by Tissot, featuring the Indiana Pacers and the San Antonio Spurs in regular-season games on January 23rd and 25th, set multi ...