Swatch Group

With shares down 24% and profits plunging, CEO Nick Hayek faces mounting calls for change ahead of pivotal board vote.

Swatch warns profit to dive, French attack darkens outlook

Swiss watchmakers are grappling with weak demand as fewer Chinese tourists shop in Hong Kong and Europe where they have been deterred by the fear of Islamist attacks. A strong Swiss franc also pushes up the production cost for Swiss watches.

Swatch to open own-brand stores in India

The Swatch-branded stores will open over the next three years in a country where watches currently sell via dealer networks and third-party stores.

Swiss-Chinese free trade: And the winners are...

Switzerland`s economy minister on Wednesday confirmed that China and Switzerland are moving closer to signing a free trade agreement. China is already Switzerland`s sixth biggest export market and its importance is only set to grow under the new deal.

Swatch eyes further sales rise after record 2011- paper

Watchmaker Swatch Group remains focused on record sales of more than 7 billion Swiss francs (USD 7.67 billion) for the year and sees that figure approaching 10 billion within three years, its head said in a Sunday newspaper.