Watches of Switzerland: The worst is over for the luxury watch market Retail Watches of Switzerland has said the worst is over for the luxury market in the UK as it reported steadying demand for high-end watches from its stores. In a trading update this morning, the retailer said it was trading in line with expectations and “on track” to meet 2025 guidance. Its shares rose by more [...]
Profit falls at Watches of Switzerland but Rolex seller maintains guidance Retail The rolex seller reported that pretax profit fell 40 per cent in the year to April, falling from £155m to £92m.
Watches of Switzerland: Rolex seller ‘cautiously optimistic’ as it posts modest growth amid ‘rich-session’ Luxury Watches of Switzerland, the British retailer which sells the likes of Rolex and Tag Heuer watches, said it was “cautiously optimistic” about trading over the next financial year as the firm reports modest growth.