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China and Japan continue to grow as key markets for Swiss watches, reports the Federation of the Swiss Watch Industry. China had its strongest growth for 30 months at 39.8 per cent, while Japan, up 22.5 per cent, showed strong growth for the second month in…
Swatch Group, the maker of Omega and Tissot timepieces, has reported its lowest first-half profit in seven years, with demand tumbling in Hong Kong, France and Switzerland. Its first-half operating profit fell 54 per cent to 353 million francs (US$359…
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