Swatch Group has just acquired a prestigious property on one of London's most luxurious thoroughfares. The building, located at 171 New Bond Street, has housed a salon for the Group’s international luxury brand Harry Winston since 2006. The transaction is worth around CHF 90 million. The building, constructed in 1856, has 562 m2 spread over five floors.
In the first half of this year, the Group had already acquired a prime 1347 m2 property at 32 to 33 Old Bond Street for around CHF 120 million, and a store on the Champs-Elysées in Paris.
Harry Winston, the legendary "king of diamonds", reopened its flagship London salon in 2016 after a nine-month renovation. The Salon at 171 New Bond Street features Harry Winston's most exquisite collections of fine jewelry and timepieces, including the world’s rarest diamonds and precious stones available today.
Net sales of CHF 4 019 million, +18.0% to the previous year at constant exchange rates (+11.3% at current rates), despite a massive negative currency impact of CHF -242 million. Net sales exceeded the previous record half-year 2018 by +8.5%, at constant exchange rates. Double-digit growth in all watch and jewelry price segments, with strongest…
This content is not available in English. Please see the German version below or the French version. Wir gratulieren unseren Lernenden zur bestandenen Lehrabschlussprüfung! Die Firmen und Marken von Swatch Group Assemti, Blancpain, CHH Microtechnique, Comadur, Diantus Watch, Distico, Dress your body, EM Microelectronic-Marin, ETA, Glashütte…
The Ordinary General Meeting of Shareholders has been held virtually in accordance with article 12 ff. of the Articles of Association and Art. 701d para. 1 CO on Wednesday, May 10, 2023. The shareholders approved, by a large majority, all proposals submitted by the Board of Directors.