The country’s big spenders are continuing to splash out on expensive watches and jewellery in spite of the cost of living crisis engulfing the nation.
Luxury retail group Watches of Switzerland said estimated revenues of between £1.45 and £1.5 billion over the current 22/23 trading year.
It comes on the back of results for the year to May 1, which showed turnover up 40 per to £1.24 billion and a doubling of pre-tax profits to £126 million.
