Sales increased in all business lines, despite a slowdown in watches where the French firm is taking steps to win over a male clientele.
Articles on the subject: Economy
These 28th Olympics point to the future of the Games, as Omega rolls out new technologies. They include sensors that enable each athlete to analyse his or her performance in real time.
Omega is globally renowned as the official timekeeper for the Olympic Games, a role it's fulfilling for the twenty-eighth time at PyeongChang. The brand has extended its partnership with the International Olympic Committee through to 2032.
Strongest growth was recorded in the second half, when shipments increased almost 5%. For the full twelve months, Hong Kong (+6%) and China (+18.8%) set the pace. The major luxury groups are also on the up and up. Richemont, LVMH and Swatch Group have all announced significantly stronger results.
A look back at 2017 as we train the spotlight on a revolutionary oscillator and some remarkable achievements in materials, astronomical complications and artistic creations. Not forgetting some milestone anniversaries.
A two-year slump in exports to Hong Kong has been cited as one of the main reasons for the difficulties that have dogged the Swiss watch sector in the aftermath of the strong franc. Is China to blame? If it is, the country is certainly making amends.
It will have escaped no-one's notice that a new generation took over at the head of several leading watch firms last year, as digital's growing momentum demands a fresh perspective.
After a dry spell lasting almost two years and plenty of soul-searching, Swiss watchmakers have seen an upturn in business since March. With the watch fair season about to begin, the industry can breathe again.