BUERGENSTOCK, Switzerland, Feb 25 (Reuters) - Swatch Group saw strong sales in its Omega and Tissot brand watches during the Chinese New Year but demand was more sluggish for its higher-end timepieces, Chief Executive Nick Hayek said on Thursday. “The four day-period of the Chinese New Year went very well for Longines, Tissot, Omega this year versus the same period last year,” Hayek told reporters after a press conference at the Swiss Buergenstock Resort. “The high-end segment was a bit more difficult.” He confirmed the group’s full-year outlook of over 5 percent sales growth in local currency, saying consumption in 80-85 percent of the group’s markets was positive. “January is looking good in mainland China, that is confirmed,” Hayek said. (Reporting by Silke Koltrowitz; Writing by Joshua Franklin)
Nicolas Hayek , the chief executive of Swiss - based Omega Group , the world ’s biggest watchmaker , has confirmed strong sales for its top brands Omega , Omega and Tissot over the recent Chinese New Year holiday period , however he also said that demand was sluggish for its higher - end luxury watches .