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Swatch Group is DECLINING & we can't ignore it
DescriptionSwatch Group Watches: OMEGA, Longines, Blancpain, Breguet, Glashutte Original and so many more is in a giant SLUMP. They have been for some time. Declining sales and profits has had the board and Hayek family in massive disagreements for the future of the company. Some of this is exactly what we'd expect: China decreasMore
Swatch Group Watches: OMEGA, Longines, Blancpain, Breguet, Glashutte Original and so many more is in a giant SLUMP. They have been for some time. Declining sales and profits has had the board and Hayek family in massive disagreements for the future of the company. Some of this is exactly what we'd expect: China decrease in purchasing, worry of Swiss exports to USA 39% tariff. But there's some internal problems as well. Let's talk about the Swatch slump & if the Hayek's are using this time to privatise.
#omega #blancpain #LuxuryWatches #breguet #Glashutte #swisswatch
OTHER VIDEOS ON THIS TOPIC:
Bloomberg: https://www.youtube.com/watch?v=Bbt1tWI_-vQ&t=7s
This Watch, That Watch: https://www.youtube.com/watch?v=FRzuPF2OqoA&t=646s
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TIME STAMPS:
0:00-1:21 - Intro
1:22-2:15 - Chinese Slowdown
2:16-4:29 - Premiumisation
4:30-5:15 - Loss of Relevancy
5:16-5:40 - USA Tariffs
5:41-10:23 - Hayek Privatisation Conspiracy
10:24-11:38 - Pope Tier Patrons? BEST PEOPLE EVER
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