Swatch to raise prices 'moderately' - JB News Feed

Swatch Group is to raise prices 'moderately' amid higher demand for raw materials, said CEO Nick Hayek in an interview with Swiss weekly Handelszeitung.

The Swiss watch industry is also facing bottlenecks as sales in the luxury segment continue to grow strongly, with demand exceeding manufacturing capacity for some brands.

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Posted by Posted by Jewelry News at Wednesday, October 17, 2007 9:26 AM
Categories: Swatch, Jewelry Industry News, Watches
 

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