“The watch sector remains in a very difficult situation, as the Swatch Group’s results show, said Jean-Philippe Bertschy, ...

We are reducing our fair value estimate for narrow-moat Swatch to CHF 290 from CHF 333 as we incorporate weak 2024 numbers, mainly hit by poor demand in China. Swatch is one of the stocks in our ...

ZURICH ― Shares in Swiss watchmaker Swatch slumped on Thursday after it reported lower-than-expected earnings on the back of weak sales in China. The group, which also owns the Tissot ...