Swatch sales were down 3.7% in H1 due to the campaign against grey market dealers and the turmoil in Hong Kong. Management has confirmed that the outlook for H2 is stronger and that the group would close the year on a positive note.
22 Jul 2019
A bad H1 but stronger outlook for H2
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A bad H1 but stronger outlook for H2
Swatch sales were down 3.7% in H1 due to the campaign against grey market dealers and the turmoil in Hong Kong. Management has confirmed that the outlook for H2 is stronger and that the group would close the year on a positive note.