Swatch Group Ltd.

Former India Olympics boss denies corruption charges

2013-02-04T11:22:52Z

India's former Olympics chief pleaded not guilty in court on Monday to an array of corruption charges related to his handling of the chaotic Delhi Commonwealth Games in 2010.

Former India Olympics boss pleads not guilty of graft

2013-02-04T08:45:08Z

India's former Olympics chief pleaded not guilty in court on Monday to an array of corruption charges related to his handling of the chaotic Delhi Commonwealth Games in 2010.

India's ex-Olympics boss pleads not guilty in graft trial

2013-02-04T05:48:55Z

India's former Olympics chief pleaded not guilty in court on Monday to an array of corruption charges related to his handling of the chaotic Delhi Commonwealth Games in 2010.

European stocks mixed, euro pushes higher

2013-01-14T17:41:55Z

European stock markets were mixed while the euro hit a 20-month high against the yen on Monday as traders mulled falling eurozone industrial output while waiting for 2012 earnings reports from US companies and comments by President Barack Obama on the US debt ceiling.

Swatch says will buy Harry Winston for up to $1 bn

2013-01-14T12:06:34Z

Swatch Group, the world's leading watchmaker, said on Monday it would acquire US jeweller and watchmaker Harry Winston for up to $1.0 billion (750 million euros).

Swatch says will buy Harry Winston for up to $1bln

2013-01-14T08:44:36Z

Swatch Group, the world's leading watchmaker, said on Monday it would acquire US jeweller and watchmaker Harry Winston for up to $1.0 billion (750 million euros).

Swiss watches tick to Chinese heartbeat

2012-11-12T01:03:34Z

With the Chinese increasingly coveting European luxury goods, Swiss watchmakers are eyeing a huge new market for their wares, but disagree on the best way of capturing it.

Swatch mulling car that runs on hydrogen, oxygen

2012-03-25T19:48:38Z

The world's biggest watch company Swatch is looking at building a car that runs on hydrogen and oxygen, its chief executive and chairman Nick Hayek said in an interview published Sunday.

Swatch rejects counter lawsuit by Tiffany & Co.

2012-03-12T11:57:23Z

Swatch, a leading watchmaker, said on Monday that a lawsuit by US jeweller Tiffany had no legal basis and that it would contest the action in a battle between the luxury product groups.

What crisis? Swiss watchmakers eye record 2012

2012-03-07T17:08:42Z

The world's biggest watch fair is set to open in an optimistic mood, with Swiss watchmakers -- the industry's barometer -- expecting 2012 demand to beat 2011's, when exports hit a record.

Watch makers gear up for world's biggest fair

2012-03-05T23:10:58Z

The world's biggest watch event opens in Basel, Switzerland, this week on the back of a bumper year thanks to Asian demand for luxury timepieces.

Swatch tips wink to protesters with "Occupy" watch

2012-03-01T18:11:30Z

ZURICH (Reuters) - Swatch Group Chief Executive Nick Hayek took a playful poke at bankers on Thursday when he presented a special edition of his company's famous colorful plastic watches, called "Occupy your Wrist."

Burberry hit by slower U.S. sales growth

2012-01-17T07:07:15Z

LONDON (Reuters) - British luxury brand Burberry Group Plc reported a sharp slowdown in U.S. sales growth as it chose to cut back supplies for department stores to sell through their discount outlets, knocking its high-flying shares.

Richemont sales soar, lifted by Asia

2012-01-16T11:54:01Z

Swiss luxury giant Richemont said on Monday it was able to take advantage of Asia's booming appetite for watches and jewellery to push sales up sharply in the third quarter.

Watch fair to reveal health of luxury industry

2012-01-12T11:09:47Z

ZURICH (Reuters) - The Geneva watch fair, SIHH, the first major luxury goods industry gathering this year, will take the pulse of a sector which has sailed relatively unscathed through recent economic turmoil but could be facing dark clouds ahead.

Leonardo da Vinci to get second life as automaton

2011-12-02T12:30:20Z

SAINTE-CROIX, Switzerland (Reuters) - Don't let the retro look of the mechanical men built by Swiss artisan Francois Junod deceive you -- they fascinate tech fans from Silicon Valley to Asia and will no doubt gain broader popularity after this week's launch of Martin Scorsese's film "Hugo" about a secret hidden in an automaton

Groupon apologises for fake watch sales in China

2011-11-08T09:54:06Z

US online daily deals firm Groupon said Tuesday it has apologised and offered refunds to customers who bought fake watches from its Chinese unit, days after making its US stock market debut.

Groupon's China JV says sold fake Tissot watches

2011-11-07T08:48:31Z

SHANGHAI (Reuters) - Groupon's Chinese daily deals business Gaopeng said on Monday it had sold counterfeit luxury watches by accident and will compensate its irate buyers in its latest struggle in expanding in the potentially lucrative market.

Ballerina reveals beauty of surfing to China

2011-10-26T15:38:53Z

HAINAN ISLAND, China (Reuters) - A ballerina "danced across the sea" to introduce professional surfing to China on Wednesday.

Swatch Group ends partnership with Tiffany

2011-09-12T11:20:32Z

ZURICH (Reuters) - Swatch Group said it terminated its alliance with Tiffany & Co. , blaming the U.S. jeweler for blocking the development of their watch joint venture and relaunching speculation that Tiffany could become a takeover target.