LONDON: Watches of Switzerland Group PLC announced record revenue for fiscal year 2025, fueled by strong second-half performance and expansion in the U.S. luxury watch and jewelry markets. The company reported £1.65 billion ($2.11 billion) in revenue for the 52 weeks ended April 27, 2025, an 8% increase at constant currency compared to the previous year. The U.S. market…
LONDON: The Watches of Switzerland Group (WOSG) announced the acquisition of Hodinkee, the pre-eminent global digital editorial content provider and gateway for luxury watch enthusiasts. One of the Group’s stated Long Range Plan objectives is to leverage existing growth opportunities by growing sector leadership online, and this acquisition will further enhance the Group’s ability to capture market…
LONDON: Watches of Switzerland, a leading retailer of premium Swiss watches, has raised its full-year revenue guidance and revealed an ambitious long-term growth plan, after delivering a solid performance in the second quarter. The company’s shares jumped 10.6% to £576.00 on Tuesday morning, as it announced that its Q2 revenue increased by 1.3% year-on-year to…
LONDON: The Watches of Switzerland Group has entered into an agreement with Fraser Hart Limited to purchase four luxury watch and jewellery showrooms trading under the brand name Fraser Hart for £31.7 million. The showrooms in Stratford, Brent Cross, Kingston and York will expand the Group’s UK store portfolio in strategic locations that align with…