Swatch Group: Discount on assets, privatization rumors - InvestingChannel

Swatch Group: Discount on assets, privatization rumors

Swatch, like many others, is suffering from the sluggish economy in the luxury goods sector. In the first six months of the year, sales fell by 14.3% and profits were divided by three.
It is in its high-end segment – where the Group operates the Omega, Breguet and Blancpain brands – that the declin…
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