Swatch Group cheered investors by confirming record sales last year as demand for watches across all price ranges recovered from 2009's steep downturn.
Financial Times - 19 January 2011
By Haig Simonian in Zurich
The maker of timepieces from the ubiquitous Swatch to handcrafted Breguet said sales jumped almost 19 per cent to SFr6.44bn ($6.7bn).
The increase was driven by resurgent demand for watches, notably from Asia, and helped by recoveries in the group's less conspicuous components and electronic systems divisions. ... Read moreusername: redaction@worldtempus.com
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