Industry News – Swatch Group 2020 Half-Year Sales Collapse Amid Coronavirus Pandemic

Swiss watch giant Swatch Group has just issued its 2020 half-year report and, as anticipated, its activity has been strongly impacted by the effects of the COVID-19 pandemic. With manufacturing coming to a standstill and retail networks closed, the Group recorded net sales of CHF 2,197 million, -43.4% compared to the previous year at constant […]

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4 years ago