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Brand-only jewellery and watch stores: Vertical integrators take a foothold
Blog

Brand-only jewellery and watch stores: Vertical integrators take a foothold

The 2024 State of the Industry Report found that the most significant change in the market over the past decade has been the expansion of the international watch and…

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April 4, 2024
Aussie expansion: Swiss watchmaker opens new stores
Blog

Aussie expansion: Swiss watchmaker opens new stores

Swiss watchmaker Swatch has opened two new flagship stores in Australia. The new Melbourne store (Collins Street) will become the watchmaker's largest Australian store (315 square metres), while Perth…

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March 11, 2024
Currency headache: Swatch Group reports strong sales
Blog

Currency headache: Swatch Group reports strong sales

Swiss conglomerate Swatch Group has reported a significant increase in sales for the past financial year despite grappling with currency fluctuations. Swatch Group - which owns brands such as…

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January 28, 2024
World Wildlife Fund criticises watch and jewellery industry
Blog

World Wildlife Fund criticises watch and jewellery industry

The World Wildlife Fund (WWF) has issued a scathing criticism of the jewellery and watch industry, publishing a report raising questions about the environmental impact of the trade. The…

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December 5, 2023
Impressive sales for Swatch – Jeweler Magazine: Jewelery News and Trends
Blog

Impressive sales for Swatch – Jeweler Magazine: Jewelery News and Trends

Swiss conglomerate Swatch Group has reported its strongest financials since the pandemic, with sales for the first half of 2023 increasing by 18 percent. Sales reached CHF4.019 billion ($AU8.6…

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July 16, 2023
Swatch falls short of expectation despite MoonSwatch success
Blog

Swatch falls short of expectation despite MoonSwatch success

Swiss conglomerate Swatch Group is anticipating a strong increase in sales in the year ahead after reporting a healthy 2.5 per cent improvement for 2022. Revenue reached $US8.15 billion…

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January 30, 2023
Swatch Group to steer clear of second-hand market
Blog

Swatch Group to steer clear of second-hand market

Swatch Group has no plans to issue certification for second-hand watches despite a recent dramatic change in approach from an industry-leading rival. In early December Swiss watch manufacturer Rolex…

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January 9, 2023

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