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Swiss National Bank Chairman Says Retail CBDC Too Risky

Swiss National Bank Chairman Says Retail CBDC Too Risky

Swiss National Bank (SNB) Chairman Thomas Jordan said Monday (April 8) that the risks of a central bank digital currency (CBDC) issued to the general public would outweigh any potential benefits. Speaking at an event in Zurich, Jordan said both consumers and businesses have access to a wide range of payment instruments offered by the private sector, and...

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Muji has gone into administration

Muji has gone into administration

Lovers of the immaculately tidy and sumptuously minimalist goods of Japanese retailer Muji, we have terrible news. Following in the wake of the Body Shop and Ted Baker so far this year, today (March 28), Muji has called in administrators in order to avoid going bust. Not all of Muji is going into administration. As...

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Swiss jeweller opens new store at Dubai Mall

Swiss jeweller opens new store at Dubai Mall

Published: Thu 14 Mar 2024, 5:44 PM Rooted in Geneve, where three generations converge, Maison Sartoro, a global jewellery brand, has inaugurated its new store at the Dubai Mall. Governed by ethical principles and cohesion, from stone selection to craftsmanship, trust is intricately woven into every facet of Sartoro’s operation. The commitment to transparency in...

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Switzerland Today

Switzerland Today

Are you a slow talker? Then, you’ll feel at home in Bern according to the research. How do you say candy in Swiss German? Täfeli or Zückerli? What about doll? Is it Bääbi or Puppe? That depends of course on where you live in the Swiss German part of the country. Now apparently, it seems...

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Online spending rises in Switzerland – SWI swissinfo.ch

Online spending rises in Switzerland – SWI swissinfo.ch

44% of survey respondents in Switzerland perceived the product range online as more attractive than in-store. KEYSTONE/© KEYSTONE / GAETAN BALLY In Switzerland, the proportion of bricks-and-mortar retail has only increased slightly in recent years, while shopping with a smartphone or laptop remains popular and consumer spending per order is increasing. This content was published...

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Watchmaker Omega confident in Hong Kong shoppers as it opens two glitzy shops

Watchmaker Omega confident in Hong Kong shoppers as it opens two glitzy shops

Swiss luxury watchmaker Omega is ramping up its presence in Hong Kong, opening two specialty shops in the city as it bets on long-term success despite slower than expected economic growth and a gloomy retail outlook. The brand, famously known for its Speedmaster and Seamaster watches as well as being the timepiece preferred by fictional...

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On to Open Largest U.S. Store in Portland Amid Retail Expansion Efforts

On to Open Largest U.S. Store in Portland Amid Retail Expansion Efforts

On Holding is expanding its retail presence by opening a new store in its American hometown. The Swiss running brand on Wednesday announced the upcoming opening of its new store in Portland, Ore., which will be located on NW 23rd Avenue, just a mile from the company’s headquarters in the Americas. It will be On’s only location...

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Scandal in Switzerland: Store refused to rent Skis to Jews – Sarajevo Times

Scandal in Switzerland: Store refused to rent Skis to Jews – Sarajevo Times

Swiss police have opened an investigation against a ski rental shop, which posted notices that it will no longer rent skis and sleds to Jews. It is about a store located in the famous resort of Davos, which decided on this scandalous move because of “incidents involving theft”. The notices read in Hebrew that the...

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Swiss police investigate Davos ski shop over ‘no equipment for Jews’ sign

Swiss police investigate Davos ski shop over ‘no equipment for Jews’ sign

Swiss police are investigating after a ski shop put up a sign saying it would no longer rent equipment to Jews. The hotel-restaurant at the Pischa mountain station, near Davos, said it was stopping lending gear to our “Jewish brothers” after some “very annoying incidents” including the alleged theft of a sled. The sign was...

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Ski Shop In Davos, Switzerland, Investigated For Refusing To Serve Jewish Tourists

Ski Shop In Davos, Switzerland, Investigated For Refusing To Serve Jewish Tourists

Davos, Switzerland – Widespread outrage and an official investigation are underway after a mountain restaurant and ski rental facility in Davos, Switzerland, refused to lend sports equipment to Jewish tourists. The establishment conspicuously posted a notice in Hebrew, explicitly stating a ban on equipment rentals to Jews, citing previous “annoying incidents,” including alleged theft. The...

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Swiss Ski Shop Sorry for Posting Sign Banning Jews

Swiss Ski Shop Sorry for Posting Sign Banning Jews

A ski rental shop in Davos, Switzerland, has sparked an uproar after posting a sign announcing it would no longer rent equipment to Jewish customers due to “theft” and unreturned gear. “Due to various unfortunate incidents including the theft of a sled, we no longer rent sports equipment to our Jewish brothers,” read the Hebrew-language...