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Birmingham Post
Birmingham Post
Business
Tom Pegden

Goldsmiths boss on how luxury watch sales are still booming despite cost of living crisis

The Watches of Switzerland Group said trading has remained strong through the cost of living crisis as it takes an even bigger share of the market.

The group – which also takes in Goldsmiths and Mappin and Webb – said it was upgrading its forecast having been helped by strong demand and a cheaper pound increasing the value of its US sales.

The Leicestershire-based business said that in the six months since May it had achieved global sales of £765 million, around a third up on a year before.

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