The Swatch Group Ltd.
CH-2501 Biel, Bern, Switzerland (Map) Phone: +41-32-343-68-11
Fax: +41-32-343-69-11
Primary US Office:
Subscribers Only http://www.swatchgroup.com
Overview
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.
Sample Overview & HistoryKey Numbers from Hoover's UK
Key financials for The Swatch Group Ltd.
| Company Type | Public (Swiss: UHR) |
|---|---|
| Fiscal Year-End | December |
| 2008 Sales (mil.) | £3,712.0 |
| 1-Year Sales Growth | 7.3% |
| 2008 Net Income (mil.) | £547.9 |
| 1-Year Net Income Growth | (11.9%) |
| 2008 Employees | 23,000 |
| 1-Year Employee Growth | (2.4%) |
Key People from Hoover's UK
Key people and executives for The Swatch Group Ltd.
| Chairman | H. C. Nicolas G. Hayek Sr. (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| President | Nicolas G. (Nick) Hayek Jr. Connect to this executive |
| CFO and Executive Management Board, Controlling and Finance, Quality Assurance, Investor Relations,Swatch Group UK | Edgar Geiser Connect to this executive |
Top Competitors from Hoover's UK
Top competitors of The Swatch Group Ltd.
There are 15 competitors for Swatch; see more.Industry Information from Hoover's UK
First Research Industry Profiles Extensive Industry Intelligence
Hoover's Industries
More Industry InformationRankings from Hoover's UK
See how The Swatch Group Ltd. ranks in standard industry listings such as Fortune 500, S&P 500, and Dow Jones
- Swiss Market

