Swatch Group will be removed from the Swiss Leader Index (SLI) on December 22 due to declining market capitalization and trading volumes. This demotion follows a significant drop in sales, particularly from China, and increased competition from smartwatches. The move underscores broader challenges in the luxury goods sector.
Related Posts
Air India crash: Flying has become safer over decades; last 5 yrs safest since 2000
A devastating Air India AI 171 flight crash in Ahmedabad, involving a Boeing 787 Dreamliner, resulted in the loss of almost all 245 on board. […]
Gulshan Devaiah quits Yash’s ‘Toxic’ midway, cites non-payment issues
Gulshan Devaiah has opened up about his decision to quit the much-anticipated Yash-starrer Toxic: A Fairy Tale for Grown-Ups. In a recent interview, the actor […]