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Swatch Group Executive Management Board

Swatch Group Executive Management Board

Change in Executive Management Board Biel / Bienne (Switzerland), February 10th 2012 – At its last meeting, the Board of Directors of The Swatch Group Ltd appointed Mr Thierry Kenel member of the Swatch Group Executive Management Board. Mr Kenel was previously member of the Extended Management Board. He took over as Chief Financial Officer when…

Swatch Group: Key Figures 2011

Swatch Group: Key Figures 2011

Biel / Bienne (Switzerland), February 7, 2012 Gross sales exceed CHF 7 billion for the first time to CHF 7 143 million, an increase of +21.7% over 2010 at constant exchange rates. More than 2800 new jobs created in 2011 alone. Operating profit of CHF 1 614 million, an increase of +12.4% on 2010. Operating margin increases from 23.5% to a…

From Actions to Words

From Actions to Words

A multimedia exhibition looks back on 40 years of temoignage and medical action by Médecins Sans Frontières. Open to the public in Geneva until January 8, 2012. This year marks two important anniversaries for Médecins Sans Frontières / Doctors Without Borders (MSF): it is the 40th anniversary of the organisation which was founded in 1971, as…

Unique collection of Swatch watches sold

Unique collection of Swatch watches sold

Unique collection of Swatch watches sold for astonishing HK$ 51’707’500 (CHF 6’049’800) Hong Kong, China and Biel / Bienne, Switzerland, November 24, 2011 – Unique collection of Swatch watches sold to a very important mainland Chinese collector for astonishing HK$ 51’707’500 (CHF 6’049’800)  in sensational Hong Kong auction.  Something…

Russian Court Supports Longines

Russian Court Supports Longines

Russian Court Supports Longines in a Trial Related to Parallel Import In a 14 November 2011 decision, the Arbitrazh Court of Saint Petersburg found the large Russian Internet watch store bestwatch.ru guilty of violating the exclusive trademark rights of Longines Watch Co. Francillon Ltd. in relation to the sale of parallel-imported goods. The…

The Swatch Art Peace Hotel

The Swatch Art Peace Hotel

Opening of the Swatch Art Peace Hotel – Shanghai November 1, 2011. Swatch Group is pleased to announce that today the Swatch Art Peace Hotel was officially opened in Shanghai. Numerous officials representing Shanghai government authorities were on hand for the occasion, as was Mr. Nick Hayek, who welcomed his guests, Swatch Group Management, and…