Swatch

Swatch Ltd.
Company typeSubsidiary
IndustryWatchmaking
Founded1983 (1983)
Headquarters,
Switzerland
Key people
Nick Hayek Jr. (chairman, president)
ProductsWristwatches
ParentThe Swatch Group
SubsidiariesFlik Flak
Websiteswatch.com

Swatch is a Swiss watchmaker founded in 1983 by Ernst Thomke, Elmar Mock, and Jacques Müller. It is a subsidiary of The Swatch Group. The Swatch product line was developed as a response to the "quartz crisis" of the 1970s and 1980s, in which inexpensive, battery-powered, quartz-regulated watches were competing against more established European watchmakers, focused on artisanal craftsmanship producing mostly mechanical watches.

The name Swatch is a contraction of "second watch",[1] as the watches were intended as casual, disposable accessories.[2]

  1. ^ Swatch Group history
  2. ^ Company History Archived 24 September 2015 at the Wayback Machine The Swatch Group

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