Wednesday, July 18, 2012
Swatch backs 2012 sales target
Swiss watchmaker Swatch's chief executive, Nick Hayek, backed his 2012 sales target of 8 billion Swiss francs ($8.1 billion) and downplayed concern Chinese demand for luxury watches may be cooling, in a newspaper interview. Photo: SwatchHayek told German paper Handelsblatt Swatch was diversified across enough price ranges to weather softer demand from China for high-end watches. "I am far more worried about the increasing influence of finance than I am about possible problems in China," Hayek
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment