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Swatch Group sales rise 6% but retail partners fearing competition from ecommerce buy less in fourth quarter - WatchPro USA

Swatch Group sales rise 6% but retail partners fearing competition from ecommerce buy less in fourth quarter

Swatch Group sales increased by 6.1% to CHF 8.5 billion in 2018 (+5.7% at constant rates). Net income increased by 14.8% to CHF 867 million the company says in its full year financial statement. In Europe, Great Britain and Switzerland increased their sales, while other countries such as France were very weak, especially at the end … Continue reading Swatch Group sales rise 6% but retail partners fearing competition from ecommerce buy less in fourth quarter