For someone working in the watchmaking industry, there is nothing new here.
Another post on this managerial crisis, it's not due to financial crisis or smartwatches entering the market.
It's pretty sad that CEOs doesn't want to speak clearly about the real problems (except one [1], in french).
>> The [Swatch group] recently warned that first-half profit would plummet more than 50 percent. Really?!?
They can repeat THAT again without being bashed?
Maybe they could just shut up and be happy they still have profit...
It's pretty sad that CEOs doesn't want to speak clearly about the real problems (except one [1], in french).
>> The [Swatch group] recently warned that first-half profit would plummet more than 50 percent. Really?!?
They can repeat THAT again without being bashed?
Maybe they could just shut up and be happy they still have profit...
[1] https://www.letemps.ch/economie/2016/09/28/crise-horlogere-n...