The Swatch Group
Swiss watchmaker / From Wikipedia, the free encyclopedia
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For other uses, see Swatch (disambiguation).
The Swatch Group Ltd is a Swiss manufacturer of watches and jewellery. The company was founded in 1983 by the merger of ASUAG and SSIH to move to manufacturing quartz-crystal watches to resolve the quartz crisis threatening the traditional Swiss watchmaking industry.[2][3][4]
Quick Facts Company type, Traded as ...
Company type | Public company |
---|---|
ISIN | CH0012255151 |
Industry | |
Predecessor | ASUAG and SSIH |
Founded | 1983; 41 years ago (1983) |
Headquarters | , |
Area served | Worldwide |
Key people |
|
Products | Watches, Jewelry, Electronic systems |
Revenue | CHF 7.31 billion[1] (2021) |
CHF 1.02 billion[1] (2021) | |
CHF 774 million[1] (2021) | |
Total assets | CHF 13.68 billion[1] (2021) |
Total equity | CHF 11.61 billion[1] (2021) |
Number of employees | 31,444[1] (2021) |
Subsidiaries | List
|
Website | swatchgroup |
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The Swatch Group is the largest watch company in the world and employs about 31,000 people in 50 countries.[5] The group owns the Swatch product line and other luxury brands, including Blancpain, Breguet, Certina, ETA, Glashütte Original, Hamilton, Harry Winston, Longines, Mido, Omega, Rado, and Tissot.[6][7]