Swatch Group AG
F:UHR

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Swatch Group AG Logo
Swatch Group AG
F:UHR
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Price: 180.6 EUR -1.34% Market Closed
Market Cap: €9.3B

Swatch Group AG
Investor Relations

In the intricate world of timepieces, Swatch Group AG stands as a titan of the industry, weaving a rich tapestry of innovation, tradition, and resilience. Born in Switzerland, this global giant emerged amid challenging times in the 1980s, revolutionizing the watch market with its eponymous brand, Swatch. At that time, the Swiss watch industry was under siege from the rise of quartz technology and low-cost, mass-produced digital watches predominantly from Asia. Swatch’s introduction of inexpensive, trendy, and colorful plastic watches not only revitalized the market but also redefined the perception of Swiss craftsmanship. They ingeniously paired fun with function, ensuring the Swatch brand became synonymous with affordable luxury. But Swatch Group AG's story doesn't end with its colorful plastic watches; it represents a sophisticated conglomerate of prestigious brands including Omega, Longines, and Breguet, each exemplifying the epitome of artistry in watchmaking.

The business model of Swatch Group is multifaceted, with a robust vertical integration strategy, ensuring comprehensive control over the production chain, from raw material procurement to assembly—a rarity in today’s globalized market. This strategic depth enables them to not only ensure quality but also maintain healthy margins. The company segments its brands across various price categories, capturing diverse market segments from luxury watch buyers to budget-conscious fashion enthusiasts. Revenue streams, therefore, stretch beyond the sale of their famed wristwatches to encompass movement manufacturing, assembling microelectronics, and even the precision engineering of watchmaking tools. With a keen understanding of brand positioning and market dynamics, Swatch Group has adeptly sustained a portfolio of brands that resonate with consumers on multiple levels, ensuring its place as a watchmaking institution that doesn’t just tell time, but also a compelling narrative of innovation and heritage.

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No Earnings Calls Available

Management

Mr. Georges Nicolas Hayek Jr.
Pres of Exec. Group Management Board, CEO & Director
No Bio Available
Dr. Thierry Kenel
CFO & Member of Exec. Group Management Board
No Bio Available
Mr. François Thiébaud
Chairman of Tissot Board & Member of Exec. Group Management Board
No Bio Available
Ms. Florence Ollivier-Lamarque
Member of Exec. Group Mgmt Board and Pres of Swatch Group France & France Les Boutiques
No Bio Available
Mr. Yann Gamard
Member of Extended Group Management Board
No Bio Available
Mr. Matthias Breschan
CEO of Longines Brand & Member of Extended Group Management Board
No Bio Available
Mr. Pierre-André Bühler
Member of Exec. Group Management Board
No Bio Available

Contacts

Address
BERN
BIEL
Seevorstadt 6
Contacts
+41323436811.0
www.swatchgroup.com