Swatch Group AG

Swatch takes majority stake in Dubai retailer Rivoli

Swatch Group has raised its stake in Rivoli Investments LLC to take control of the Dubai-based retail group, a move that will give it better control of its retail network in the fast-growing Middle Eastern market.

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Swatch announces revenue decline and cut back on component deliveries

In twin moves, Swatch was able to identify the cause of its sales declines and increase the demand for its components by cutting back on deliveries.

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