The Swatch Group SA is a Switzerland-based holding company engaged in the apparel and accessories industry. This means that all categories, from spectacular and expensive prestige watches, to very basic plastic watches, are represented.
Please sign in or register.Data delayed at least 15 minutes, as of Sep 02 2020 16:31 BST.All markets data located on FT.com is subject to the All content on FT.com is for your general information and use only and is not intended to address your particular requirements. Swatch Group's headquarters is located in Biel / Bienne, Other, CH 2501. Swatch (stylized as swatch) is a Swiss watchmaker founded in 1983 by Ernst Thomke, Elmar Mock, and Jacques Müller, and a flagship subsidiary of The Swatch Group.The Swatch product line was developed as a response to the "quartz crisis" of the 1970s and 1980s, in which Asian-made digital watches were competing against traditional European-made mechanical watches. The Business current operating status is live and has been operating for 25 years 24 days. In brief: The Swatch Group of Switzerland (formerly SMH) was founded in 1985 and after the purchase of many watch manufacturers has become the largest group in the world of watches.
THE SWATCH GROUP S.E.A. Synthetic materials were used for the watchcases as well as a new ultra-sonic welding process and assembly technology.These Swatch models of wristwatches with a quartz movement are additionally equipped with a Swatch introduced Sistem51 at Baselworld 2013 as "the world's first mechanical movement with entirely automated assembly. Swatch reports precision of −5/+5 seconds per day.This article is about the watch company. You must therefore seek independent legal, investment or other appropriate advice from a suitably qualified and/or authorised and regulated advisor prior to making any legal, investment or other decision. The escapement has no manual adjustment or regulator; the initial rate is factory laser-set. Swatch Group SA is represented worldwide through its subsidiaries and distributors, notably Tourbillion and Hour Passion, and operates Swiss production plants in Boncourt, Grenchen and Villeret.The Financial and Risk business of Thomson Reuters is now The Company also supplies products from these segments to third-party watchmakers. Swatch Group | 151,187 followers on LinkedIn | The Swatch Group Ltd is an international group active in the manufacture and sale of finished watches, jewelry, watch movements and components. Switzerland’s largest watchmaker fights for right to keep supplying movements to third partiesHead of Bonhams’ Asian watch division says the house faces a challenge from retailers of pre-owned piecesData delayed at least 15 minutes, as of Sep 02 2020 16:31 BST.You must be a registered user to save alerts. All rights reserved.Although Markit has made every effort to ensure this data is correct, nevertheless no guarantee is given to the accuracy or completeness. Swatch Group is the largest watch company in the world, comprising of 18 brands and 156 watch component production centers.. Swatch Group designs, manufactures, and distributes finished watches. Share price information may be rounded up/down and therefore not entirely accurate. "The movement is permanently sealed in its case with structural adhesive securing both the acrylic crystal over the dial and the caseback, making it invulnerable to environmental conditions including moisture, dust or foreign objects – and also making it maintenance free – i.e. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.Any information that you receive via FT.com is at best delayed intraday data and not "real time". Swatch Group free to supply watch movements, says Swiss watchdog. The name Swatch is a contraction of "second watch",Swatch began development in the early 1980s, under the leadership of the then Conceived as a standard timekeeper in plastic, Franz Sprecher,Swatch was originally intended to re-capture entry level market share lost by Swiss manufacturers during the In 1983, the group hired Jacques Irniger—who formerly served as the marketing executive for Colgate, Nestlé—to launch the swatch.In 1997, the Swatch group opened about 60 stores worldwide.The first collection of twelve Swatch models was introduced on 1 March 1983 in This combination of marketing and manufacturing expertise restored Switzerland as a major player in the world wristwatch market.
The group is known for its diverse offerings, designed to appeal to all market segments and price ranges. The Company’s activities are divided into two core business segments: Watches and Jewelry, as well as Electronic Syst ems. For other uses of the term "swatch", see The Watches and Jewelry segment includes the production and sale of branded watches, jewelry and quartz movements, notably the brands Breguet, Harry Winston, Blancpain, Glashuette Original, Jaquet Droz, Leon Hatot, Omega, Longines, Rado, Union Glashuette, Tissot, Balmain, Certina, Hamilton, Calvin Klein watches and jewelry, Swatch and Flik Flak.
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