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The Latest Breaking News from Watches of Switzerland

Watches of Switzerland sales jump as shoppers shrug off tariff impact

Bosses said the company had seen ‘no significant change’ in the behaviour of its shoppers since initial tariffs were introduced earlier this year.

Evening Standard

US demand keeps Swiss watch sales ticking despite hefty tariffs

Despite US duties reaching up to 39% on Swiss goods, watches of Switzerland posted higher sales and profits, insisting that demand for top-end watches and jewellery remains resilient.

Euronews

Watches of Switzerland shrugs off tariffs impact as US demand steady

The London-listed retailer said trading had been strong over the 18 weeks to the end of August, particularly in the US.

Evening Standard

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Watches of Switzerland warns over US price hikes after Trump tariffs

The Rolex seller said some of its brand partners in the US had already pushed through ‘mid-single digit’ percentage increases.

Evening Standard

This new Breitling capsule collection goes big on turquoise

Breitling just added two bold new watches to the Endurance Pro range

FTSE 100 treads water as Frasers shares tumble after profit downgrade

The blue-chip index lifted 13.57 points, or 0.16%, to close at 8,349.38.

Evening Standard

Sales growth strengthens at Watches of Switzerland amid US demand

Shares in the London-listed firm climbed higher in early trading on Thursday as a result.

Evening Standard

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Watches of Switzerland pressured to ditch London listing for US by Gatemore

Gatemore Capital Management said the company should ‘fully unlock the value of its stock’ by securing a primary listing in the US.

Evening Standard

Bulgari launches two exclusive watches with stunning blue dials and personalised engraving

Watches of Switzerland celebrates 100 years with two exclusive Bulgari watches

New Tank Louis Cartier watch honours a longstanding partnership

This Tank Louis Cartier limited edition sees Cartier unite with Watches of Switzerland, and honours the minimalism of the original

Wallpaper

Watches of Switzerland shares dive by a third after revenues warning

UK’s biggest Rolex and Omega seller becomes latest luxury retailer to be hit by switch in spending by aspirational shoppers

The Guardian - UK

Record year for UK’s biggest Rolex, OMEGA, Cartier chain

Watches of Switzerland says store openings planned despite ‘challenging trading environment’

Birmingham Post

Watches of Switzerland to open Tudor flagship store on Bond Street

Luxury retailer Watches of Switzerland Group has cheered a sales surge, alongside revealing plans to open a new Tudor flagship store on Old Bond Street.

Evening Standard

London-listed retailers plan to beef up UK store portfolios in boost for High Street

Dunelm and Watches of Switzerland Group are among a number of London-listed retailers planning to open more shops in 2023

Evening Standard

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Evening Standard

Watches of Switzerland sales grow as timepieces become “investment assets”

Customers buying watches as investments drive growth, but shares slide on weak jewellery sales

Birmingham Post

Goldsmiths CEO Brian Duffy says luxury watch demand still exceeding supply

Total sales for the full year are expected to be between £1.5 and £1.55 billion

Birmingham Post

Goldsmiths and Watches of Switzerland boss says global appetite for posh watches still sparkling

Strong growth in US sales in particular helps propel profits and sales

Birmingham Post

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

Watches of Switzerland CEO says prices rising as supply still outstripping demand and new showrooms open

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Evening Standard

New home on New Bond Street for Watches of Switzerland as sales defy cost-of-living crisis

Main West End Rolex Boutique is moving into bigger premises in New Bond Street

Bristol Post

The Watches of Switzerland Group has launched a Tudor boutique store in Cribbs Causeway

The boutique is the second with Swiss watch brand and the first ever in the South West

Birmingham Post

Record sales set to continue at Watches of Switzerland as big spenders shrug off cost of living crisis

CEO Brian Duffy, 'Inherent strengths have seen us attract new consumers and continuously gain market share'

Evening Standard

Watches of Switzerland shares energised by record profits

Luxury retailer has “big plans” for Europe after strong sales in the UK and US

Birmingham Post

Omega, Rolex and Tag Heuer sales still rising despite gloomy economic outlook

Even as household spending pressures rise, Watches of Switzerland Group said sales could reach £1.5bn over next year

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