https://feeds.thelocal.com/ Read the latest news and views from Switzerland in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed Swiss watch exports plunged by more than a fifth in March, the Swiss watch industry federation, FH, said Tuesday, warning it expected the situation to deteriorate further in April. https://www.thelocal.ch/20200421/how-swiss-watch-makers-have-seen-exports-plunge-during-coronavirus-pandemic Tue, 21 Apr 2020 16:06:57 +0200 how-swiss-watch-makers-have-seen-exports-plunge-during-coronavirus-pandemic Switzerland's Swatch Group on Tuesday said it was cancelling a trade show in Zurich for several of its luxury brands because of fears over the novel coronavirus from China. https://www.thelocal.ch/20200204/swatch-cancels-zurich-trade-show-over-china-virus Tue, 04 Feb 2020 12:48:22 +0100 swatch-cancels-zurich-trade-show-over-china-virus A top Swiss court on Thursday handed the watchmaker Swatch victory in a trademark dispute with US technology giant Apple – the latest in a series of legal disputes between the two firms. https://www.thelocal.ch/20190402/swiss-watchmaker-swatch-wins-latest-trademark-battle-with-apple Tue, 02 Apr 2019 22:39:07 +0200 swiss-watchmaker-swatch-wins-latest-trademark-battle-with-apple Swiss watchmaker Swatch says that its profits rose in the first six months, but its performance was dampened by the strength of the Swiss franc. https://www.thelocal.ch/20170721/swatch-reports-higher-profits-in-first-half Fri, 21 Jul 2017 11:12:24 +0200 swatch-reports-higher-profits-in-first-half Swatch group profits were nearly halved last year as global watch market weakness took its toll, the Swiss company reported on Thursday, but predicted "healthy growth" ahead. https://www.thelocal.ch/20170202/swatch-optimistic-despite-sharp-drop-in-profits Thu, 02 Feb 2017 11:29:13 +0100 swatch-optimistic-despite-sharp-drop-in-profits Shares in Swatch plunged more than 11 percent on Friday after the Swiss watch group warned that sales had slumped and profit had plunged in the first half of the year. https://www.thelocal.ch/20160715/swatch-shares-plummet-after-drop-in-sales Fri, 15 Jul 2016 16:36:58 +0200 swatch-shares-plummet-after-drop-in-sales Swatch on Wednesday posted a 21-percent-drop in its annual net profit, as the world's biggest watch group was slammed by a strong Swiss franc and a struggling timepiece sector. https://www.thelocal.ch/20160203/swatch-profit-falls-for-first-time-in-five-years Wed, 03 Feb 2016 18:51:25 +0100 swatch-profit-falls-for-first-time-in-five-years A rare collection of Swatch timepieces which traces the beginnings of the Swiss brand more than three decades ago will be auctioned in Geneva in November, Sotheby's said on Friday. https://www.thelocal.ch/20151003/swatch-watch Sat, 03 Oct 2015 12:44:55 +0200 swatch-watch The world's biggest watch group Swatch recorded a drop in profit of more than 26 percent in 2014 from the previous year following massive investments, and said it was bracing for the impact of an overvalued Swiss franc. https://www.thelocal.ch/20150205/swatch-profit-plunges-despite-higher-sales Thu, 05 Feb 2015 12:48:00 +0100 swatch-profit-plunges-despite-higher-sales Records tumbled at a special auction in Geneva to mark 175 years of Patek Philippe watches, with a rare pink gold item going for $2.71 million, auctioneers Christie's said. https://www.thelocal.ch/20141110/rare-swiss-watches-fetch-record-prices Mon, 10 Nov 2014 10:02:00 +0100 rare-swiss-watches-fetch-record-prices Swatch, the world’s biggest watch company, recorded lower profits for the first six months of 2014 compared to the same period a year earlier, as the strong Swiss franc took its toll. https://www.thelocal.ch/20140722/strong-franc-dents-swatch-first-half-profits Tue, 22 Jul 2014 12:30:00 +0200 strong-franc-dents-swatch-first-half-profits Swatch has applied to set up stores in India, a report said on Saturday, as the Swiss-based watchmaker moves to tap a growing and increasingly accessory-conscious consumer class. https://www.thelocal.ch/20140720/switzerlands-swatch-to-open-stores-in-india Sun, 20 Jul 2014 19:09:00 +0200 switzerlands-swatch-to-open-stores-in-india Swatch Group, the world's leading watchmaker, on Tuesday lost a lawsuit against Switzerland's largest bank, whose investment advice it says cost it millions of dollars. https://www.thelocal.ch/20140429/swatch-loses-lawsuit-against-ubs-over-advice Tue, 29 Apr 2014 20:59:00 +0200 swatch-loses-lawsuit-against-ubs-over-advice Swatch group faced pressure from the United States after refusing to open its factories to inspection by American terrorism experts, the head of the world’s largest watch company says. https://www.thelocal.ch/20140406/us-sought-access-to-swatch-factories-2 Sun, 06 Apr 2014 21:10:00 +0200 us-sought-access-to-swatch-factories-2 Switzerland's recent vote to curtail immigration from the European Union could seriously impact the Alpine country's booming watch trade, industry insiders have warned https://www.thelocal.ch/20140330/swiss-immigration-vote-ticks-off-watchmakers Sun, 30 Mar 2014 14:08:00 +0200 swiss-immigration-vote-ticks-off-watchmakers The family that owns Patek Philippe, one of the world’s most prestigious watch brands, is threatening to move its headquarters away from Geneva or to sell up because of “high taxes”. https://www.thelocal.ch/20140324/watchmaker-patek-philippe-threatens-to-quit-geneva Mon, 24 Mar 2014 23:08:00 +0100 watchmaker-patek-philippe-threatens-to-quit-geneva Swatch, Switzerland’s biggest watchmaker, has sued American discount retail giant Target for allegedly selling copycat watches. https://www.thelocal.ch/20140311/swatch-sues-us-retailer-for-copycat-watches Tue, 11 Mar 2014 18:25:00 +0100 swatch-sues-us-retailer-for-copycat-watches Swiss watch exports set a new record in 2013, jumping to 21.8 billion francs, up 1.9 percent from the previous year, figures released on Thursday show. https://www.thelocal.ch/20140206/swiss-watch-exports-set-new-record-in-2013 Thu, 06 Feb 2014 11:25:00 +0100 swiss-watch-exports-set-new-record-in-2013 Switzerland's biggest watch group Swatch on Wednesday posted record net profits for 2013, up more than 20 percent from the previous year, and hailed a promising start to the new year. https://www.thelocal.ch/20140205/swatch Wed, 05 Feb 2014 12:11:00 +0100 swatch The world's biggest watch group Swatch on Friday posted an 8.3-percent increase in sales for 2013 but said it undershot targets because of unfavourable exchange rates. https://www.thelocal.ch/20140110/buoyant-swatch-sales-hit-by-strong-franc Fri, 10 Jan 2014 11:38:00 +0100 buoyant-swatch-sales-hit-by-strong-franc