Latest News for SWGAY

Swiss watchmaker Swatch is seeking $170 million in damages in a lawsuit against Samsung in which it claims the South Korean electronics giant allowed digital clones of Swatch watches on Samsung smartwatches, the Financial Times reported on Friday citing court documents.

I rate the Swatch Group a STRONG BUY, behind the transformative potential of its AP x Swatch 'Royal Pop' collaboration, which may open a new product category altogether. SWGAY already boasts luxury-level gross margins (82%+), but unlocking idle production capacity via new product categories is key to the market rerating as a luxury house. The Royal Pop targets an underserved female demographic and could create a new…

Police were called to shops in the UK and Europe at the weekend as crowd trouble broke out over the launch of a new watch.

Swiss watchmaker Swatch and luxury partner Audemars Piguet are betting big on a Gen Z "product drop" culture - buzzy, often limited launches that have helped spur sales from Labubu dolls and Nike trainers to Popeyes chicken.

The Swatch Group AG has seen exceptional price performance YTD, rising by 29% YTD to touch one-year highs, compared to a 9% drop in the S&P Global Luxury Index. Early signs of the forecast luxury sector recovery are already playing out as peers like LVMH see a small uptick in revenues, supported by the Asia ex-Japan market. The stock's dirt-cheap market valuations also work in its favour, while the revival of the…
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