Posted inINTERNATIONAL, NEWS
Swatch Group holds firm as Richemont cuts jobs
Swatch Group CEO Nick Hayek has said that the company has no plans to cut jobs to protect its margins. His declaration came a few days after luxury goods group Richemont, which has brands like Cartier and Jaeger-LeCoultre in its portfolio, announced that it would be cutting up to 350 jobs in Switzerland. Richemont confirmed […]