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⌚️ "The Apple Watch contributed to the growth of the energy market": Ulysse Nardin CEO
Yahoo Finance· 2025-10-18 16:30
You mentioned the Apple Watch and I know you were at Apple during that time. Talk to me about what that was like launching a smartwatch and do you think that you see that market growing. Do you see you leis nard in getting into that market.What's the deal with that. >> I think the the smartwatch market overall could be seen as a threat to the watch industry. I don't think it is the case at all.I think it actually contributed to bring some consumer to wear a watch again. And then little by little they got mo ...
Breitling CEO: U.S. tariffs 'terrible news' for Switzerland
Youtube· 2025-10-15 11:57
Group 1: Tariffs and Pricing Strategy - The imposition of 39% tariffs is viewed as detrimental, but there is optimism that a better solution will emerge soon [1][2] - The watch industry has responded by increasing prices by 4% globally to mitigate the impact of tariffs, indicating a level of pricing power [2][3] - Despite the tariffs, the company is experiencing strong double-digit growth in sellout in the US market, which is described as booming with positive consumer sentiment [3] Group 2: Macroeconomic Concerns in Europe - There are significant macroeconomic challenges in Europe, particularly in Germany and France, with France facing a high debt level of 3 trillion, the highest in Europe [4] - Political instability in Germany is also a concern, with weak political leadership being highlighted as frightening [5] Group 3: Market Performance in China and Other Regions - The Chinese market has shown signs of stabilization and growth, with the company now seeing it as a significant market comparable to major European countries [8] - Other regions such as South and Latin America, the Middle East, and India are performing well, contributing to a generally positive global market environment [9][10]
X @Bloomberg
Bloomberg· 2025-08-15 08:00
The Swatch Group is credited with saving the Swiss watch industry in the 1980s. But right now the company is under pressure with falling sales, and President Trump’s trade war has only piled onto its problems.Will Swatch be able to turn its fortunes around? https://t.co/ImxMqZ3YRg ...