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Latest Watchmaking news and updates from Switzerland. AI-curated articles covering Watchmaking topics.
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Luxury watchmaker Zenith plans to cut around 100 jobs at its Le Locle manufacturing site as the watch industry faces a difficult environment. The company is owned by French luxury group LVMH.
9 days ago · 1 source
Business
After a challenging start to the year, the Swiss watch industry saw exports rise by over 11% in June, driven by strong growth in the United States and France. This report analyzes the figures from the Federation of the Swiss Watch Industry and what the rebound signifies for this key economic sector.
SWI swissinfo.ch
Business
Despite a challenging global market for luxury goods, the 'Watches and Wonders' fair in Geneva has opened to a record number of exhibitors and anticipated attendees, reinforcing the event's critical importance for the Swiss watchmaking industry.
SWI swissinfo.ch
Business
The Swatch Group, dominated by the Hayek family, has firmly rejected all proposals from US activist investor Greenwood Investors, which sought a board seat and sweeping changes to the watchmaker's corporate governance structure, setting the stage for a shareholder showdown.
SWI swissinfo.ch
Business
An analysis of the significant headwinds facing Switzerland's iconic watchmaking sector, as the Swatch Group reports a massive profit slump and overall national watch exports continue their decline, particularly in key Asian markets.
SWI swissinfo.ch · +1 more
Economy
The Swiss watch industry experienced a 1.7% decrease in export volume in 2025, totaling CHF25.6 billion. The decline is attributed to challenging market conditions, particularly a significant drop in exports to China and Hong Kong.
SWI swissinfo.ch
