5 Biggest Watch Companies in the World

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1. The Swatch Group

The Swatch Group Ltd is a Swiss manufacturer of watches and jewelry. The company was founded by Nicolas Georges Hayek in 1983 and is headquartered in Biel, Switzerland. The Swatch Group engages in the design, manufacture and sale of finished watches, jewelry, watch movements, and components. It operates through the Watches & Jewelry and Electronic Systems segments. The group owns the Swatch product line and other brands including ETA, Blancpain, Breguet, Glashütte Original, Harry Winston, Omega, Longines, Tissot, Hamilton and Rado. It employs about 36,000 people in 50 countries. Chairman of the company is Nayla Hayek. CEO of the company is Nick Hayek, Jr. They have revenues of CHF 8.243 billion, operating income of CHF 1.023 billion, net income of CHF 748 million, total assets of CHF 13.692 billion and total equity of CHF 11.493 billion.

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