OMEGA Leads Watchmaking Innovation With New Swiss Factory

Luxury watchmaker OMEGA opened its newest, cutting-edge factory, which sits near the brand’s headquarters in Bienne, Switzerland.

By Adrienne Faurote

Omega Cuts the Ribbon at Sochi Olympic Winter Games Pavilion

Swatch Group CEO Nick Hayek helped the manufacture open its Olympics pavilion, a crowd favorite at every Games...

Swatch Group Continue Strong Growth in 2013 After Acquiring Harry Winston

This month luxury conglomerate Swatch Group released financial figures from 2012 showing that earnings are up a billion dollars over the previous year. The Bienne, Switzerland-based company, which is the world’s largest holder of watch manufactures, earned $8.79 billion (CHF 8,143 million), an increase of 14% over 2011. Although the company owns various holdings, the Watches & […]

Swatch Group Increased Sales by $1 Billion Last Year

Luxury conglomerate Swatch Group have released financial figures from 2012 showing that earnings are up a billion dollars over the previous year. The Swiss company, which is the world’s largest holder of watch manufactures, earned $8.79 billion (CHF 8,143 million), an increase of 14% over 2011. Although the company owns various holdings, the Watches & Jewelry segment […]

Swatch Group is Optimistic Thanks to Product Diversity

Swatch’s ambitious goal of earning $8.1 billion in 2012 is on track, according to CEO Nick Hayek. Last year’s sales broke records at $7.5 billion for the Swiss watchmaker. This year’s economic slowdown in China has been a cause of considerable anxiety for producers of high-end watches and other luxury goods, but Hayek says Swatch […]

Occupy Swatch Movement

Swatch has just unveiled their latest creation – a watch for the global Occupy protest movement. Displaying the word “occupy” on it during the companies news conference in Geneva on Thursday, Nick Hayek – chief executive officer of Swatch Group AG, and the rest of the Swiss company’s executive management board all wore the bright […]

Swatch Group No Longer The Supermarket To The Watch Industry

  High-end brands will be searching for alternative suppliers now that Swatch Group has decided to lower the watch part supplies to rival watchmakers. For decades Swatch has served as one of the main suppliers, providing as much as 80% of Swiss movements and their Nivarox arm, which dominated the market for oscillating parts and […]