Swatch upbeat after China ends zero-Covid policy
Swiss watch giant Swatch said Tuesday that its revenue growth was limited by China's zero-Covid policy in 2022 but it anticipates strong sales this year following the lifting of restrictions. Swatch, which also owns the luxury brands Tissot, Longines and Omega, posted net sales of 7.5 billion Swiss francs ($8.2 billion) last year, up 4.6 percent from 2021 at constant exchange rates. But