Tariffs Are Here: First Reactions From Watch Industry And End Consumers [Forbes]
SWATCH GROUP AG UNSP/ADR (SWGAY)
NASDAQ:AMEX Investor Relations:
swatchgroup.com/investor_relations/financial_announcements/latest_financial_announcements
Company Research
Source: Forbes
There is currently no clear guidance from the administration regarding the duration of these high tariff rates or their implications for affected countries. As a result, Swiss and EU watch manufacturers, U.S. distributors and retailers, as well as consumers are evaluating strategies to mitigate the impact of these tariffs. According to Federation of Swiss Watch Industry FH, in 2024, U.S accounted for nearly 17% (CHF 4.4 billion) watch exports from the global Swiss watch exports worth CHF 26 billion. U.S. by far is the largest market for Swiss watches, with China in second place with 2 billion in exports and trending downwards. For the first two months of 2025, Swiss watch exports are down -2.4%, with the U.S. still maintaining the 17% share of overall exports. Large luxury groups that own many prestigious watch brands have experienced negative stock performance. Year-to-Date (YTD) figures indicate that LVMH Group has declined by 21%, Swatch Group has decreased by 24%, and Richemon
Show less
Read more
Impact Snapshot
Event Time:
SWGAY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SWGAY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SWGAY alerts
High impacting SWATCH GROUP AG UNSP/ADR news events
Weekly update
A roundup of the hottest topics
SWGAY
News
- Swatch Group, Citizen Watch Investigated by Italian Competition Authority Over Pricing Practices [Yahoo! Finance]Yahoo! Finance
- US investor Wood lambastes Swatch, proposes overhaul to company's board, FT reports [CNBC]CNBC
- Could Easing US Tariffs Reveal a Competitive Advantage for Swatch Group (SWX:UHR)? [Yahoo! Finance]Yahoo! Finance
- Swiss watchmaker stocks rally as Trump dangles relief from steep 39% US tariff [Yahoo! Finance]Yahoo! Finance
- U.S. and Switzerland working on a deal to slash 39% tariffs [CNBC]CNBC