Swatch Gains Momentum as CEO Hayek Addresses Concerns Surrounding US Tariffs Swiss watchmaker Swatch Group has been making headlines recently as its CEO, Nick Hayek, takes proactive steps to mitigate the impact of US tariffs on the company’s bottom line. With the recent announcement by Citigroup Inc. analyst Thomas Chauvet that Swatch plans to implement […]
Swiss Watch Giant Navigates Trump’s Tariff Uncertainty
Swiss Watch Giant Navigates Trump’s Tariff Uncertainty The Swiss watch industry is renowned for its precision, craftsmanship, and timeless elegance. However, recent geopolitical developments have thrown a curveball at one of the biggest players in the market – the Swatch Group. With the imposition of a hefty 39 percent tariff on Swiss-made products by the […]