Pins matching tag:"Swatch Group"

Swatch introduced its first collection of twelve plastic quartz watches on 1 March 1983 in Zürich, priced from CHF 39.90 to CHF 49.90, a launch credited with helping rescue the Swiss watch industry.

Swatch Group shareholders voted 79.6% against seating US investor Steven Wood on the board at their annual meeting, even after proxy advisers Glass Lewis and ISS backed him and the company's own bearer shareholders separately elected him with 80.4% support.

Swatch Group posted CHF 3,121 million in first-half 2026 net sales, up from CHF 3,059 million a year earlier and 8.5% higher at constant exchange rates, even as a stronger Swiss franc cut nearly CHF 200 million from the reported total.

Swatch Group's investor calendar lists mid-March 2027, with the exact date still to be confirmed, for its Annual and Sustainability Report covering fiscal year 2026 - the group's next full results release after first-half 2026 sales growth.