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The Swatch Group Ltd. · Biel, Bern Switzerland ·(Swiss: UHR)

Company Description

Seevorstadt 6
Biel, Bern
CH-25-01
Switzerland (Map)
Phone: +41-32-343-68-11
Fax: +41-32-343-69-11
Toll Free: 800-879-2824
Rankings
  • Swiss Market
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Swatch is worth watching. The Swatch Group (formerly Société Suisse de Microélectronique & d'Horlogerie) is the world's second-largest watchmaker (after Citizen Watch). Its 19 watch brands range from low-priced, collectible Swatch and Flik Flak to premium-priced Blancpain, Brequet, and Omega brands. Swatch watches are sold at some 15,000 retailers worldwide, plus at more than 500 Swatch stores, more than 1,000 shop-in-shops, and some 140 kiosks. The company supplies nearly all the components for its own watches and is a supplier to other watchmakers. Its Dress Your Body subsidiary designs and makes jewelry for the Swatch Group brands. Chairman Nicolas Hayek's family controls about 39% of The Swatch Group. To read the full description, subscribe now.
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Key The Swatch Group Ltd. Financials

Company TypePublic - Swiss: UHR

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$5,375.0
2008 Employees23,000

The Swatch Group Ltd. Executives

30 executives listed for The Swatch Group Ltd.'s Biel, Bern location.
TitleName & BioContact
ChairmanH. C. Nicolas HayekNetwork
Vice ChairmanPeter GrossNetwork
PresidentNicolas HayekNetwork

Competition

Competitive Landscape for The Swatch Group Ltd.
Sales are driven by demand from the construction, telecommunications, and hardware retailing industries. Profitability depends largely on merchandising and efficient inventory management. Large companies have wide distribution networks and may offer customers a broad selection of products and services. Small operators can compete successfully by stocking specialty products, stocking all of the parts their particular customers need, or delivering superior service. The industry is capital-intensive: average annual revenue per employee is about $450,000. To read the full description, subscribe now.
Top The Swatch Group Ltd. Competitors
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