Swatch — the parent of Longines, Omega, and Tissot — is seeing sales slump, and it's because of China
Watch group Swatch saw its sales decline by more than 12% and its profits by 75% in 2024.
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Global tariff threats could deal almost RM1b blow to Pernod Ricard, says finance chief
Tariffs imposed by China and the United States could deal an estimated €200 million (RM919 million) blow to Pernod Ricard’s ...
FashionUnited9d
Swatch Group's results weighed down by China in 2024
Zurich - Swiss watchmaker Swatch Group saw its profits and sales plummet in 2024 due to falling demand in China and a decline ...
U.S. News & World Report9d
Swatch Posts Steep Drop in Sales and Profit as China Struggles
as improvements in the United States and Japan failed to offset a steep downturn in China. The maker of Omega, Longines and Tissot watches said its full-year sales fell 14.6% when measured at ...
Pernod Ricard cuts sales outlook on tariff uncertainty
Pernod Ricard has cut its sales guidance because of uncertainty over tariffs and a slowdown in China, where government anti-dumping measures have hit demand for its cognac brand Martell.