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Battle is on to preserve legacy of dying Swiss shoe brand Bally
2026-08-21
The iconic Swiss shoe brand Bally is in deep crisis. If the company ultimately goes bankrupt, its significant historic collection is also at risk. Can 40,000 shoes from the Bally archive be saved? At the train station in Schönenwerd, in the canton of Solothurn, northwest Switzerland, stands a huge outlet centre. Beyond that, there isn’t …
How Switzerland could become a hub for Chinese e-commerce
2026-07-22
Since July 1, a tax on small packages from China has been in force in the European Union (EU). Some worry that non-EU member Switzerland represents an easy loophole for big Chinese platforms. Europeans have developed an appetite for the cheap products sold by Chinese platforms like Shein and Temu. Such online shopping has boomed …
Nestlé investing half a billion in Thai Nescafé plant
2026-07-09
Swiss fdood manufacturer Nestlé is investing CHF563 million to construct a production facility for its Nescafé brand in Thailand. The factory will primarily supply the local market with instant coffee, coffee blends and other ready-to-drink beverages. The investment aims to meet the growing demand for coffee in Thailand, a market estimated to be worth CHF1 …
Novartis feels heat from copycat drugs
2026-04-28
Novartis has felt the dampening effect of generic drugs at the start of the year. Nevertheless, management confirmed its previous outlook for the further course of business. + Get the most important news from Switzerland in your inbox Turnover for the first quarter totalled $13.1 billion, a decrease of 1% compared to the same period …
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