Swatch operates in a cyclical industry. Historically, luxury watches have exhibited more cyclicality versus other luxury categories due to being rarely purchased items (more driven by new wealth) and ...
Skittish Chinese consumers at home or abroad dragged down the Swatch Group: The Swiss company’s 2024 net income dropped 75 percent to 219 million Swiss francs, or $242 million at current exchange ...
The company said The Watches & Jewelry segment ended the 2024 reporting year with a considerable decline in sales. For 2025, Swatch Group expects substantial improvements with respect to sales ...
India is already surpassing China. The demand for luxury spirits, such as Scotch whisky and fine wines, has grown at a rate exceeding that of both the US and China, with India leading in the growth of ...
In terms of brands involved, this year’s event is LVMH’s biggest yet, as the luxury conglomerate continues to flex its muscles as it looks to gain market share against larger rivals Swatch ... of LVMH ...
India has become the largest single market for Swiss watchmaker Rado, overtaking China amid a luxury bust in the latter. With robust growth in premium sectors, India is filling the gap left by China ...
In the current global market landscape, characterized by volatile U.S. stock performance amid AI competition fears and mixed economic signals from central banks, investors are keenly observing ...
Krishna Choudhary easily could have stayed with the family business. His ancestors have spent 10 generations sourcing jewels for India’s great and good and most notably supplied exquisite gems to ...
high-single-digit growth for jewelry brand Harry Winston and low-single-digit growth for low-end watches (Tissot, Swatch, Mido, Hamilton, and so on). Hanesbrands stock looks 49% undervalued ...
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