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WATCHPRO STATE OF THE NATION REPORT: Time Products (UK) Limited

WATCHPRO STATE OF THE NATION REPORT: Time Products (UK) Limited

Sekonda sells more watches in the UK than any other brand, and its owner has weathered difficult headwinds in 2016 to post sales of £36.6 million. The total includes UK sales of £26.5 million and overseas sales of £10.1 million. Time Products (UK) Limited, which owns and distributes Sekonda as well as Accurist and Limit

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WATCHPRO STATE OF THE NATION REPORT: Breitling UK Limited

Turnover for Breitling UK Limited increased by 14.4% in 2016 to £42.2 million, but profit dipped due to a weaker pound making imports of Swiss watches more expensive for the London-based subsidiary. “The consolidated wholesale network continued to grow and benefited from enhanced above the line marketing throughout the territory,” says Breitling UK managing director

WATCHPRO STATE OF THE NATION REPORT: Seiko UK Limited

Seiko says that its UK subsidiary’s commercial performance has been boosted by better sales in Continental Europe in its latest financial year. Turnover rose by 13% from £64.4 million to £72.9 million for the 12 months ending March 31, 2017. However, the accounts for Seiko UK Limited state that the fastest growth for the business

STATE OF THE NATION: WatchPro unveils performance for the Top 10 watch businesses in the UK

The United Kingdom is blessed with the sort of transparency for businesses that makes Swiss companies shudder. Nobody outside a family trust knows the financial performance of Rolex, but in the UK we have 20/20 vision on the company’s turnover and profit. We can track the performance of Rolex and measure it against all sizeable

WATCHPRO STATE OF THE NATION REPORT: LVMH Watch & Jewellery UK

LVMH Watch & Jewellery (UK) Limited, which oversees distribution and owned boutiques for TAG Heuer, Hublot, Zenith and Bulgari in the UK, recorded a 30% rise in sales for its 2016 financial year that ended December 31. Turnover rose from £71.6 million in 2015 to £93 million in 2016. Operating profit rocketed 62% from £5.9

WATCHPRO STATE OF THE NATION REPORT: Fossil UK Limited

Fossil UK Limited has recorded sales of £124.2 million in 2016, a 10.3% decline over the £138.4 million turnover of 2015. Operating profit was halved, from £7.7 million in 2015 to £3.2 million in 2016. The company does not break down sales by individual brands, but managing director Richard Collins said in accounts filed with

WATCHPRO STATE OF THE NATION REPORT: Patek Philippe (Rhone Products UK Ltd)

Rhone Products (UK) Ltd reported revenues rising by over 14% from £124.3 million to £142.26 million in the year to January 31 2017. Operating profit rose slightly from £7.9 million to £8.2 million. The company is the exclusive importer and distributor for Patek Philippe watches in the UK, and the de facto subsidiary for the

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