Watches of Switzerland has reported strong sales in the US and UK markets, with the recently acquired Roberto Coin brand identified as a key performer.
The group said it does not expect US tariffs on watch imports from Switzerland to weigh on first-half results, with watch exports increasing by 45 per cent in July on a year-on-year comparison as retailers build up inventory.
"The stability we saw in the UK luxury watch and jewellery markets during the second half of FY25 has continued, and we have delivered good year-on-year growth," the company explained.
The company operates more than 170 stores worldwide and is a major retailer of brands such as Rolex, Omega, Cartier, TAG Heuer, and Breitling. Watches of Switzerland will report its official results for the first half in December.
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