Previous Close | N/A |
Open | N/A |
Bid | N/A x N/A |
Ask | N/A x N/A |
Day's Range | N/A - N/A |
52 Week Range | 251.60 - 251.60 |
Volume | |
Avg. Volume | 0 |
Market Cap | N/A |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | Jul 31, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Coming off a "hype watch"-fueled 2023, luxury Swiss watch giant Rolex is taking a step back with some toned-down debuts for 2024, mirroring a watch market that’s returning to normalcy.
The Chinese market is likely to be difficult until the end of the year with consumers hesitating over higher prices, the chief executive of Swiss watchmaker Swatch Group was quoted as saying in a newspaper interview. Swatch CEO Nick Hayek told the Neue Zuercher Zeitung that China still has great potential, but consumers are waiting a long time before making purchases. Swatch makes high-end Omega, Tissot and Longines watches as well the eponymous mass-market plastic models.
Watch buyers flocked to Swatch’s central London stores on Tuesday, as it released its latest collaborative piece with high-end designer Omega.