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Swatch profits plunge as China luxury crisis bites

Swiss watch group Swatch saw its first half profits plunge due to the luxury market crisis in China and warned Monday the key market was likely to remain...

By: Yahoo Entertainment

Jul 16 2024
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Swatch profits plunge as China luxury crisis bites

Swatch is waiting for better days in China, as are most luxury brands given the deepening economic malaise in the world's number two economy (FABRICE COFFRINI)
Swiss watch group Swatch saw its first… [+2099 chars]

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Swatch Profits Plunge As China Luxury Crisis Bites