Friday Morning Coffee 158: What should we expect from the quartermaster?

160721 Friday Morning Coffee

Friday Morning Coffee 158: What should we expect from the quartermaster?

Swatch, the Swiss watch maker, presiding over 18 household names like Tissot and premium brands like Omega, James Bond’s favourite watch since the GoldenEye première, was hit hard by the covid crisis, as consumers, due to lock downs could not or maybe even would not go shopping for luxury items.

Therefore, the share price also suffered because of the covid crises plunging more than 40 per cent during the first quarter of 2020. Meanwhile, as James Bond would have said: “Noblesse oblige”.

(See attached pdf)