European luxury goods shares fall, Swatch hits 6-1/2-year low
July 15, 2016 at 03:29 AM EDT
LONDON, July 15 (Reuters) - European luxury goods firms fell sharply on Friday, with Swatch slumping 13 percent to its lowest in 6-1/2 years after the world's biggest watchmaker warned its first-half profit would drop by 50-60 percent.
