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Nars Account Manager- Brown Thomas, Cork (37.5 Hours)
Permanent · Cork City
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Sales Advisor - Liffey Valley (24 Hours)
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RITUALS
Assistant Counter Manager - Arnotts Dublin
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TAPESTRY
Sales Associate Iii - ce ir Kildare (11-19 Hours)
Permanent · Kildare
SHISEIDO
Nars Makeup Artist - Brown Thomas Dublin (37.5 Hours)
Permanent · Dublin
SHISEIDO
Nars Assistant Manager - Brown Thomas Cork (37.5 Hours)
Permanent · Cork
SHISEIDO
Nars Makeup Artist - Brown Thomas Galway (3 Month Ftc, 22.5 Hours)
Fixed-term · Galway
SHISEIDO
Nars Makeup Artist - Brown Thomas Cork (30 Hours)
Permanent · Cork
SHISEIDO
Nars Makeup Artist - Brown Thomas Dublin (15 Hours)
Permanent · Dublin
LULULEMON
Store Manager | Dublin Grafton Street
Permanent · Dublin
LULULEMON
Store Manager | Dublin Brown Thomas
Permanent · Dublin
LULULEMON
Key Leader | Brown Thomas Cork
Permanent · Cork
SHISEIDO
Nars Makeup Artist - Brown Thomas Limerick (15 Hours)
Permanent · Limerick
TK MAXX
10014-Associate
Permanent · Dublin
LULULEMON
Key Leader | Grafton Street Dublin 10 Month Contract
Fixed-term · Dublin
LEVI'S
p/t Sales Associate With Mid w Availability
Permanent · Dublin
LEVI'S
Keyholder 20+ pw
Permanent · Dublin
TK MAXX
10014-Associate
Permanent · Galway
TK MAXX
10014-Associate
Permanent · Mullingar
LULULEMON
Educator Part Time | Brown Thomas Cork
Permanent · Cork
LULULEMON
Educator Full Time | Brown Thomas Cork
Permanent · Cork
TK MAXX
10014-Associate
Permanent · Dublin
By
Reuters
Published
Jul 21, 2016
Reading time
2 minutes
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Swatch sees recovery in rest of year after first-half profit plunge

By
Reuters
Published
Jul 21, 2016

Swatch Group said on Thursday it expected a recovery in the second half after first-half net profit plummeted 52 percent to 263 million Swiss francs ($267.2 million) as lower sales and the absence of cost cuts hit the world's biggest watchmaker.


Tour de France collection - Tissot


"Swatch Group anticipates clear growth in local currency in the second half of the year compared with the weaker second half of 2015, and thus an annual result closer or equivalent to the previous year," it said.

The Swiss maker of Omega and Tissot watches shocked markets with a profit warning last week, sending its shares down sharply, but said it would hold on to staff and maintain investments.

The watchmaker had warned investors that profit would at least halve after sales fell in Hong Kong and Europe.

It said on Thursday group net sales fell 12.5 percent at constant exchange rates to 3.72 billion francs, but saw signs of improved conditions and stressed its brand portfolio and its global network kept it well placed for success.

"In the first three weeks of July, very good growth was achieved in mainland China compared with the previous year, especially by the luxury and prestige brands Breguet, Blancpain, Glashuette Original, Omega and Longines," it said.

It saw positive developments in southeast Asia and expected markets to develop positively in parts of Europe -- particularly in Italy, Spain and Britain -- while markets in France and Belgium would remain difficult.

"Decisive growth factors in the coming months will be the normalization of tourism in parts of Europe as well as the further positive developments in China. On the other hand, third-party distributors in Hong Kong are still very uneasy, which will cause further delays in reorders," it said.

It said in North America and Japan growth in local currency was achievable.
 

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