Swatch Sales Accelerate as High Costs and Strong Swiss Franc Erode Margins

Swatch Sales Accelerate as High Costs and Strong Swiss Franc Erode Margins

Yahoo Finance reports that the Swatch Group experienced a significant sales rebound in the second quarter, driven by intense demand for the Royal Pop collaboration with Audemars Piguet. While the Swiss watchmaker saw constant currency revenue climb over 8%, severe foreign exchang

Yahoo Finance reports that the Swatch Group experienced a significant sales rebound in the second quarter, driven by intense demand for the Royal Pop collaboration with Audemars Piguet. While the Swiss watchmaker saw constant currency revenue climb over 8%, severe foreign exchang