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Monday 14 June 2021   

Swatch Group sales fall as coronavirus, Hong Kong protests and smartwatches create perfect storm
With over half of its sales going to Chinese customers, the group is more exposed than rivals to threats in China and Hong Kong.
UPDATED: 2020’s calendar for launches from the major watchmaking groups is in chaos. WatchPro plots a course through the wreckage
Swatch Group gets thrifty, LVMH splurges, Rolex and Patek stick with Baselworld, Richemont returns to Watches & Wonders, while Breitling and Audemars Piguet go their own way.
Swatch Group comes out swinging against Competition Commission blocking ETA sales from 2020
“It is absurd and unacceptable, given the new situation, that COMCO is now completely prohibiting ETA from supplying its customers with movements," Swatch Group asserts.
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