Swatch Group hits CHF 6.4 Billion sales in 2010

Swatch Group 2010 full year sales reached CHF 6 billion, or about $6.2 billion, for the first time in its history. This is an increase at constant exchange rates of +21.8% over 2009 and +12.7% over the previous record year 2008, despite capacity bottlenecks and adverse exchange rates. After a strong month of December with 21% growth at constant rates in the segment Watches & Jewelry, there are already indications in January 2011 of continued double-digit growth.