Swatch Profit Soars 39%

The Swatch Group, the world's largest watchmaker, said Tuesday that first-half profit rose 39 percent fueled  by increasing demand of its Omega and Breguet brands in China, Russia, and the United States.

Swatch's success reflects a general trend in Swiss watch exports, which rose 15 percent in the first half of 2007, according to Swiss Watch Industry Federation statistics.

Categories: Breguet, Swatch, Swiss Watch News.

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