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Watches
by tammy on March 30, 2006
March 23 (Bloomberg) -- Swatch Group AG, the world's biggest watchmaker, had a 21 percent rise in second-half profit as the company sold more of its most profitable luxury timepieces and sales of Swatch brand watches recovered.
Net income climbed to 354 million francs ($271 million) in the six months ended Dec. 31, from 292 million francs a year earlier, according to full-year results released by the company today. Biel, Switzerland-based Swatch said in a statement that there has been "a promising start to 2006, and the outlook for the current year is optimistic.'"
You can find some wonderful watches on the Swatch website. I was pretty amazed at the huge variety of themes they have available. They are also still pretty reasonably priced, many under $50. Looks like what's old is new again.
Permalink: Swatch Watches Hot Again
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Vote for Swatch Watches Hot Again:
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Rating: 9.71 out of 7 vote(s) cast.
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Response from:
Photo Jewelry
(03/30/06 11:16pm)
Response from:
Watch Winder
(03/30/06 11:52pm)
Swatch watches are becoming very desirable, climbing up the ladder as collector's watches. They are known to be stored in very high priced automatic watch winders and watch boxes together with Rolex, Cartier etc...
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Response from:
Tammy
(03/31/06 10:55am)
It's funny how something like a watch can invoke memories for us all. Obviously, Swatches are a hot topic again these days!
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