Swatch Group not hit by credit crisis
Swiss watchmaker Swatch Group sees record sales in 2007 and is upbeat about the Christmas season as demand for luxury goods remains strong despite the global credit crisis.
By Agencies |
ZURICH: Swiss watchmaker Swatch Group sees record sales in 2007 and is upbeat about the Christmas season as demand for luxury goods remains strong despite the global credit crisis, said Chairman Nicolas G. Hayek.
"The credit crisis has not had an impact on the consumer sector. On the contrary, sales remain at record levels," Hayek told Reuters on Tuesday.
"The credit crisis has not had an impact on the consumer sector. On the contrary, sales remain at record levels," Hayek told Reuters on Tuesday.
Download
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
