Gronghui, April 1 | Nick Hayek, CEO of Swiss watch manufacturer Swatch, said in an interview with the newspaper that the Chinese market is expected to face difficulties until the end of the year due to consumer hesitation about price increases, but the Chinese market still has huge potential. Swatch's brands include high-end watches such as Omega (Omega), Tissot (Tissot), and Longines (Longines), as well as mass-market plastic watches of the same name. Hayek's family controls 43% of Swatch's voting shares. When asked if he wanted the company to be delisted, he said that this is definitely the best for the company's long-term development, but unfortunately, it is impossible to privatize without huge debts, and we don't like debt.
Swatch：消费者对价格上涨犹豫不决 中国市场年底前仍将面临困难
Swatch: Consumers are hesitant about price increases, and the Chinese market will still face difficulties until the end of the year
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