22. Jul 2026
Description
(AWP Alliance News) - Swatch Group published the transcript of its July 21, 2026 conference call on the publication of its half-year report, attended by CEO Nick Hayek and CFO Thierry Kenel. Hayek flagged a sharp rebound in demand from May through July following a March-April hit tied to the Middle East, citing May-June growth of 13.5% and saying July looked stronger than June.
Kenel said the retail channel reached about 50% of sales in the first half, with retail up 18%, while Hayek said retail productivity in China rose 9% despite overall Mainland China sales down about 5% in local currency. Management said Omega retail sales rose about 20% in the first half, while Omega overall grew by a single-digit percentage at constant rates as deliveries to wholesale were cut to reduce channel inventories.
Hayek said more than 1 million consumers applied via an "ESTA" process for a chance to buy 1,969 units of the new "1969" MoonSwatch, describing it as evidence of continued momentum in entry and mid-range segments.
https://docs.publicnow.com/8CE5B114894C7E1CDDD064C59A30E386CEF6A4D1
Disclaimer: This news brief was created using generative artificial intelligence. The Swatch Group AG published the original content used to generate this news brief on July 22, 2026, and is solely responsible for the information contained therein.