Business News – Swatch Group Half-Year Report 2017 Shows Signs of Recovery (Positive Growth of Sales and Net Income)
After two years of consecutive decline and an overall negative mood over the watchmaking industry, it seems that 2017 could be the turnaround year – at least for Swatch Group, as we have seen that Richemont Group 2016-2017 results were showing a decline. In its Half-Year Report 2017, Swatch Group depicts several positive news, including slight increasing sales and mainly, a better profitability, with high increase of operating margin and net income. Overview.
There’s an inherent irony in the Friday Wind Down that gets me every time. It’s often the last item on my weekly to do list — the one thing between me and a (very) well-earned knock off drink. For me, writing this isn’t much of a wind-down, if you know what I mean. So with that (and a beer) firmly in mind, I’m going to make this short and sweet. What happened We had more tourbillons in the office over the last week or so than usual, and in general, we’ve been photoshoot city. Our go-to snapper, Jason has really been excelling himself recently, moving from Hublot to JLC to Panerai seamlessly and flawlessly. I mean seriously, how nice is this caseback? We’ve also been having more fun with smartwatches. Previously I’ve dabbled with Apple, and Andrew’s been known to TAG it up, but recently we’ve been playing with Montblanc’s offering. Find out how it stacks up next week. What really mattered Ummmm, Georges Kern? I swear absolutely no one (especially and importantly Richemont senior management) saw that one coming. And Breitling? Double wow. Let’s just say that Breitling’s 2018 collection just got a whole lot more interesting. The week in…
Imagine you were suddenly launched back in time and onto the deck of a naval ship in the second half of the 19th century. What’s the very first thing you’d do? Personally, if I’ve learnt anything about time travel from The Terminator, I’d find some clothes. Shortly after that, I’d be pretty keen to know exactly “when” I was, and the only way to do that at sea would be to consult the ship’s marine chronometre – and there’s a good chance it would been made by Ulysse Nardin. It’s this style of watch – along with other suitably nautical horology that made UN famous – that they’re still best known for today. But that doesn’t mean they don’t surprise us every so often. And this year they dipped into their 171-year-old back catalogue and released a vintage inspired reissue of a 1964 diver, called, simply enough, the Diver Le Locle. As far as looks go, not much has changed from the original. The design elements that made the original such a looker are still present – large luminescent hour markers, thick pencil hands, and a fully graduated unidirectional coin edged bezel. Although, they’ve been updated to suit modern standards. Take…
