Mid-Term Analysis: Swatch vs Richemont

Mid-Term Analysis: Swatch vs Richemont

In a recent report by Bloomberg, it was stated that Swatch Group’s stock performance this year “outshone” its counterpart Compagnie Financière Richemont SA Up to 23 May, Swatch’s stock prices had jumped 22%, as compared to Richemont’s modest gain of 3.7%. While both of them are in the same industry, the difference in performance is slightly staggering For comparison purpose, LVMH Moët Hennessy Louis Vuitton SE – or more commonly known simply as LVMH – gained approximately 273% in the same period.

It is fair to say that the watch and luxury goods industry is doing fairly well in the current economic climate. There are several reasons that attribute to the disparity While the Swatch Group is gaining market share in the watch industry, Richemont is finding ways to rationalise wholesale channels and control inventory We will be looking in-depth into the reasons behind some of the price action this year Richemont’s Inventory Buyback In. More

Popular products near you

Chris Ploof Storm’s Eye Damascus with Stepp...

US $605.00

Liberty Diamonds, Irvine

Hermes Hermes Gambade earrings

US $2,075.00

Hermès Costa Mesa, Costa Mesa

14K White Chatham® Created Alexandrite & 1/8...

US $1,007.74

Medallion Jewelers, Portland

Temple St. Clair 18K Lion Cub Earrings

US $3,450.00

Bloomingdales, North..., Chicago

Popular Posts

Introducing CODE41 – A Swiss Watch Brand That's Out of the Ordinary

Since its creation in 2016, the Lausanne-based CODE41 brand, founded by Claudio D'Amore, has always ...

read more

Audemars Piguet Embraces Talent With an Immersive Exhibition in Tokyo

Haute Horlogerie manufacturer Audemars Piguet celebrates the innovative individuals who have elevate...

read more

A Guide to the Most Famous Rolex Watches With Slang Names

Whereas slang is often thought to only describe aspects of burgeoning youth culture, it's relevance ...

read more

Garmin Venu: AMOLED screen plus Always-On mode and battery life measured in days (hands-on)

The Garmin Venu is the company's new smartwatch for everyone, but instead of the frugal screens Garm...

read more

Subscribe to our Newsletter

Get the best news about jewelry and watch industries,products and services