The Swatch Group

The Swatch Group Ltd is a Swiss manufacturer of watches and jewellery. The company was founded in 1983 by the merger of ASUAG and SSIH to move to manufacturing quartz-crystal watches to resolve the quartz crisis threatening the traditional Swiss watchmaking industry.

The Swatch Group Ltd
Company typePublic company
ISINCH0012255151 
Industry
PredecessorASUAG and SSIH
Founded1983 (1983)
Headquarters,
Area served
Worldwide
Key people
ProductsWatches, Jewelry, Electronic systems
Revenue CHF 7.31 billion (2021)
CHF 1.02 billion (2021)
CHF 774 million (2021)
Total assets CHF 13.68 billion (2021)
Total equity CHF 11.61 billion (2021)
Number of employees
31,444 (2021)
Subsidiaries
Websiteswatchgroup.com

The Swatch Group is the largest watch company in the world and employs about 31,000 people in 50 countries. The group owns the Swatch product line and other luxury brands, including Blancpain, Breguet, Certina, ETA, Glashütte Original, Hamilton, Harry Winston, Longines, Mido, Omega, Rado, and Tissot.

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