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The Swatch Group is the largest watch company in the world and employs about 31,000 people in 50 countries. [5] The group owns the Swatch product line and other luxury brands, including Blancpain , Breguet , Certina , ETA , Glashütte Original , Hamilton , Harry Winston , Longines , Mido , Omega , Rado , and Tissot .
Swiss watchmaker Swatch said Tuesday that Malaysian authorities raided its stores and confiscated 164 watches from its Pride Collection. It said Ministry of Home Affairs officials raided its ...
Swatch Group CEO Nick Hayek expressed disagreement, asserting that the watches, which carry a message of peace and love, should not be considered harmful. Despite the seizure, Swatch Malaysia's marketing manager, Sarah Kok, confirmed that they would continue replenishing stock and displaying the watches as instructed by the Swiss headquarters.
Swatch is a Swiss watch company founded in 1983 by Ernst Thomke, Elmar Mock, and Jacques Müller. It is a subsidiary of The Swatch Group.The Swatch product line was developed as a response to the "quartz crisis" of the 1970s and 1980s, in which inexpensive, battery-powered, quartz-regulated watches were competing against more established European watchmakers focused on artisanal craftsmanship ...
A downturn in Asia and France hit Swatch Group in the last three months of 2018, leading the Swiss watchmaker to post lower-than-expected results for the full year and sending its shares almost ...
Swatch Group's comments contrasted with an upbeat report on Tuesday from luxury goods giant LVMH, whose like-for-like sales rose 9 percent in the fourth quarter thanks to strong demand for leather ...
Member of the Swatch group: The Swatch Group: Franz Linder, President: Minerva 1858 [2] Villeret [2] Charles Robert [2] Mondaine: 1951 Solothurn: Erwin Bernheim Montres Corum Sàrl: 1955 [2] La Chaux-de-Fonds [2] Gaston Ries, Simone Ries and René Bannwart [2] La Chaux-de-Fonds: Management Committee Mouawad: 1890 Beirut: David Mouawad Dubai ...
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 on Thursday.