In fiscal 2014, the Specialist Watchmakers division made up 28 percent of all sales, with в‚¬2.99 billion ($3.86 billion). Net sales for fiscal 2014 (which ended March 31, 2014) totaled 10.65 billion euros ($13.77 billion).

It markets 20 brands, 13 of which produce watches but by sales, it is predominantly a luxury watch group. Lange & SГ¶hne, Jaeger-LeCoultre, Roger Dubuis, Piaget, IWC Schaffhausen, Officine Panerai, Ralph Lauren**, Baume & Mercier, Cartier, Van Cleef & Arpels, Montblanc, DunhillД¬ompagnie FinanciГЁre Richemont SA is a leading player across a range of luxury products. At the end of 2013, the group had 33,590 employees. over production of Tiffany brand watches consequently the Swatch Group no longer manufactures watches under this marque.ДЄccording to the 2013 annual report, the Swatch Group has 184 subsidiary companies. In 2014, the group won a lawsuit with Tiffany & Co. Not only does the purchase give the Swatch Group added strength in the jewelry category, which has been a minor part of the groupвЂ™s business, it also gives the company greater access to the world diamond market. The Swatch Group made a notable acquisition in 2013 when it bought Harry Winston. Breguet is the most expensive among them, while Omega generates the most revenue and is the third-largest Swiss watch brand. The publicly traded company owns 18 watch brands spanning the entire price spectrum.

Of the 8.46 billion Swiss francs ($9.04 billion) in net sales that it reported for 2013, SF8.17 billion ($8.74 billion) came from watches and jewelry. In the last several years, some important changes in the big groupsвЂ™ holdings have occurred: Harry Winston joinedВ the Swatch Group, Kering acquired Ulysse Nardin, and both Citizen Group and Citychamp have made inroads into the Swiss watch world.Д«reguet, Blancpain, GlashГјtte Original, Harry Winston, Jaquet Droz, Omega, LГ©on Hatot, Longines, Rado, Union GlashГјtte, Tissot, Calvin Klein, Balmain, Certina, Mido, Hamilton, Swatch, Flik FlakД«ased in Bienne, Switzerland, the Swatch Group is the largest watch company in the world. You can always change your preference by visiting 'Cookie Settings' at the bottom of the page.Every so often the landscape of the watch industry shifts: a key brand gets sold to a major watch group and the balance of power changes ever so slightly. Blocking some types of cookies may impact your experience of the site and the services we are able to offer. Click on the different category headings to find out more and change our default settings. Because we respect your right to privacy, optional cookies are not set unless you enable them. We would like to set optional cookies to give you a better user experience and to assist us in understanding how visitors use our site. We use Strictly Necessary cookies to make our website work. The information does not usually directly identify you, but it can give you a more personalised web experience. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies.

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