The boss of Watches of Switzerland Group said they are continuing to open new branches to meet growing demand for expensive watches and jewellery.
The Leicester-headquartered group – which includes Goldsmiths and Mappin and Webb – has invested in 20 new showrooms across the UK, US and Europe over the last six months.
Strong growth in US sales in particular helped propel pre-tax profits to £83 million in the six months to the end of October – up more than a quarter on a year earlier.
