(Corrects year in final paragraph to 2019, not 2020)
ZURICH, Jan 28 (Reuters) - Swatch Group said there was a “good chance” 2021 sales could return to pre-pandemic levels after the coronavirus plunged the world’s biggest watchmaker into the red during 2020.
Sales fell by almost a third to 5.59 billion Swiss francs ($6.29 billion), the Swiss company said on Thursday, as lockdown restrictions shuttered many stores and drastically reduced international travel.
The sales collapse meant the maker of Omega, Tissot and Longines watches reported a net loss for shareholders of 51 million francs, down from a 730 million franc profit in 2019.
$1 = 0.8891 Swiss francs Reporting by John Revill; Editing by Jacqueline Wong