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Tag: Watches of Switzerland Group

Watches of Switzerland
Posted in Business
by Rob CorderFebruary 4, 2026February 4, 2026

Watches of Switzerland Group upgrades growth forecasts for 2026

Watches of Switzerland Group has upgraded its growth forecast for its 2026 financial year from 6% to 10% to 9% to 11% in a forward looking statement accompanying a third quarter trading statement. Group turnover was £1.65 bilion in FY2025, ...

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Timex Watches
Posted in Business
by Rob CorderJanuary 26, 2026January 26, 2026

Watches of Switzerland shifts into volume market with Timex joining its roster

Timex has joined the brand roster of Watches of Switzerland in the United States. It marks a significant shift into high volume, lower priced products, although it appears Timex is only available online. Until now, the most affordable brands offered ...

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Posted in Business
by Rob CorderJanuary 23, 2026January 23, 2026

Watches of Switzerland swoops on four-store family jeweler

Watches of Switzerland Group shares rose by 6% yesterday as it announced the acquisition of Deutsch & Deutsch, a four-store family jeweler in Texas. The retailer expands WoSG’s footprint in Texas to five stores, adding to the 2021 purchase of ...

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Watches of Switzerland
Posted in Business
by Rob CorderJanuary 20, 2026January 20, 2026

New year rings in changes at the top of Watches of Switzerland Group

Watches of Switzerland Group has added to its firepower in the crucial American market with a new in-country president joining its leadership team. David Hurley, who has held the posts of both president of the company’s North American operation and ...

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watches of switzerland
Posted in Business
by Rob CorderJanuary 6, 2026January 6, 2026

Watches of Switzerland’s buying director emigrates to Dubai

Eric Macaire, executive director global buying and merchandising at Watches of Switzerland Group since the beginning of 2023, has quit the company and the country as he relocates to Dubai. In what could be seen as a parting message to ...

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Brian Duffy King's Trust Award
Posted in FEATURES
by Rob CorderDecember 30, 2025December 30, 2025

THE BIG INTERVIEW: Watches of Switzerland CEO Brian Duffy

Fresh from winning the King’s Trust Individual Impact Award, Watches of Switzerland CEO Brian Duffy reflects on the company’s philanthropic initiatives, purpose-inspired leadership and driving measurable change for young people. WATCHPRO: What was the thinking behind establishing a philanthropic arm ...

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Watches of Switzerland
Posted in Business
by Rob CorderDecember 5, 2025December 5, 2025

Watches of Switzerland shares rise as UK stabilises and USA surges ahead

The chaos of President Trump’s tariff proclamations and policies has failed to dampen sales of expensive watches in the United States for UK-based Watches of Switzerland Group. Its shares have risen almost 5% since confirming financial results for the first ...

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Brian Duffy King's Trust Award
Posted in DAILY NEWS
by Ella KirbyNovember 28, 2025November 28, 2025

Watches of Switzerland Group CEO Brian Duffy wins King’s Trust Individual Impact Award

Watches of Switzerland Group has announced that its Chief Executive Officer and Foundation Chair, Brian Duffy, has received the King’s Trust Individual Impact Award at The King’s Trust Partnership Awards. The honor recognizes his personal commitment to the youth charity, ...

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Posted in Business
by Rob CorderNovember 6, 2025November 6, 2025

Watches of Switzerland sales rise 10% in H1 to £845 million

Sales for the six months ending October 26 rose by 10% to £845 million for Watches of Switzerland Group, with 20% growth in the United States compensating for a more sluggish 2% rise in the UK. “The US has been ...

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Rolex CPO
Posted in Business
by Rob CorderOctober 31, 2025October 31, 2025

Everything you need to know about the Rolex Certified Pre-Owned market today

From a standing start in the fourth quarter of 2022, Rolex’s Certified Pre-Owned programme is on course to commanding 10% of all sales of its second hand watches. To put that in context, it is estimated that 67% of total ...

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Posted in Business
by Rob CorderSeptember 3, 2025September 3, 2025

Business as usual for Watches of Switzerland and Swatch Group despite US tariff hike

Watches of Switzerland Group’s share price jumped by 8% at the opening bell today after issuing a reassuring update on 18 weeks trading up to the end of August. There were no financial figures provided with the update, but it ...

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Posted in Business
by Rob CorderAugust 8, 2025August 29, 2025

Markets steady for luxury groups as America’s new 39% tariff regime begins

Share prices for Swatch Group, Richemont, LVMH and Watches of Switzerland Group were unmoved this morning as markets took the imposition of a 39% tariff on Swiss watches entering America in their stride. Swatch Group CEO Nick Hayek said earlier ...

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Posted in Business
by Alexander DoakJuly 17, 2025July 17, 2025

Watches of Switzerland Group continues to expand its jewellery portfolio

Watches of Switzerland Group is all-set to open its first jewellery-only flagship boutique: a Mappin & Webb showroom on Manchester’s St Anne’s Square and it acquired the North American distribution business for Robert Coin last year. As Richemont’s latest financial ...

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Posted in Business
by Ella KirbyJuly 8, 2025July 8, 2025

CORDER’S COLUMN: Where is Watches of Switzerland Group on its path to £3 billion by 2028?

The current UK Labour government won last year’s election on the promise of a ten-year programme of stability and renewal for the country. With a stonking majority, it was hoped some tough choices could be made early in the current ...

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Watches of Switzerland
Posted in Business
by Ella KirbyJuly 4, 2025July 4, 2025

Watches of Switzerland Group remains cautious despite strong FY25 results

The Watches of Switzerland Group saw growth in revenue of 8% to a record £1,652 million as of the 52 weeks ended 27 April 2025. Delivering 16% growth in the US and 2% in the UK, the Group also increased ...

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Posted in Business
by Rob CorderMay 20, 2025May 20, 2025

Take a tour of Watches of Switzerland’s first AP House

Audemars Piguet and Watches of Switzerland Group have shared the first walk-through photographs of their AP House in Manchester, UK, which had a soft opening at the beginning of May. Not a store or showroom, in any traditional sense, it ...

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Posted in Business
by Rob CorderMay 15, 2025May 15, 2025

Watches of Switzerland USA booms in the six months to April

Watches of Switzerland Group has reported a return to growth in the second half of its financial year, which concluded at the end of April, driving full-year sales to £1.65 billion, a rise of 8% at constant currency. Growth was ...

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Posted in Business
by Rob CorderMay 12, 2025May 12, 2025

Canadian investment fund buys 3% of Watches of Switzerland Group

Alberta Investment Management Corporation (AIMCO), which has an estimated 168.3 billion Canadian dollars (£88 billion) invested for pension, endowment and government funds in Alberta, has acquired a 3% stake in Watches of Switzerland Group. The luxury watch retailer’s share price rose ...

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Posted in Business
by Rob CorderMarch 25, 2025March 26, 2025

Watches of Switzerland CEO heads to Downing Street

Watches of Switzerland executives are no strangers to lobbying the UK government over issues like the “tourist tax” and business rates, but the group was at the heart of the establishment last week for a reception in support of its ...

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Posted in Business
by Rob CorderMarch 13, 2025March 13, 2025

Rolex opens flagship with Watches of Switzerland Group

The wait is over for watch fans in the UK. Watches of Switzerland Group has opened a four-floor Rolex flagship on Old Bond Steet in London, the city’s most prestigious shopping thoroughfare. Journalists were given a tour this morning and ...

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