Swatch (Swatch) President Optimistic About China'S Market Prospects

Swatch (Swatch) watch group is not worried.

Sales volume.

The president of the company said in a media interview that sales in China will grow at fixed exchange rates.

In the interview,

At the same time, it is announced that Swatch will produce new batteries next year, and its performance is 10% to 20% higher than the existing market.

He finally said that the apple watch launched by the Apple Corp this year did not pose a threat to his group. On the contrary, it would increase profits for quality watches.

He said, "the sales volume of Chinese tourists in China and abroad will increase in local currency this year".

According to local currency, Swatch brand is in mainland China.

An increase of 15%.

Nick Hayek also said that although the Swiss Franc was strong, watch sales in Luzern and Interlaken were increasing by half or more in 7-8 months.

He stressed, "we have never had such a good performance, which is certainly related to Chinese tourists on vacation."

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