Watches of Switzerland
Watches of Switzerland is one of the UK’s leading luxury watch and jewellery retailers, with a strong presence through its eponymous stores and Goldsmiths brand. Its strategies in store expansion, brand partnerships, and customer experience set benchmarks for the wider trade and influence market dynamics across both luxury and mid-tier segments. Jewellery Focus provides detailed coverage of Watches of Switzerland’s business performance, leadership moves, product launches, and insights into how its operations shape opportunities and challenges for suppliers, competitors, and trade professionals in the UK jewellery industry.
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Oct- 2020 -6 OctoberRetailers
Watches of Switzerland raises guidance as sales surge
Watches of Switzerland has announced that revenue for the first 10 weeks of Q2 has been “stronger than expected” at £202.7m, up 20.2% in constant currency and 18.3% in reported terms against the prior year. The group also reported sales to date of £145.1m, up by 12.6% against the prior…
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Sep- 2020 -22 SeptemberRetailers
Watches of Switzerland unveils Knightsbridge Rolex showroom
Watches of Switzerland has announced the opening of a new Rolex showroom located in Knightsbridge. The new 1,377 sq. ft showroom is situated within the existing Watches of Switzerland flagship showroom on the Brompton Road. It comes as the group has celebrated a “close relationship” with Rolex since becoming an…
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Aug- 2020 -13 AugustCoronavirus
Watches of Switzerland returns to growth
Watches of Switzerland has reported that full-year revenue rose by 5.9% to £819.3m in the period ended 26 April, 2020. Before lockdown, the group reported “strong” trading during the 46 weeks to 15 March, with group revenue soaring by 15.8%. Revenue was up by 9.4% across UK operations, and its…
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Jul- 2020 -15 JulyRetailers
Watches of Switzerland launches ‘by personal appointment’ service
The Watches of Switzerland group has announced the launch of its ‘by personal appointment’ service following the re-opening of its stores. From this week forward, customers can now access a real-time booking system online through either the Goldsmiths, Mappin and Webb or Watches of Switzerland websites, and arrange an appointment…
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13 JulyRetailers
Watches of Switzerland opens Third Tag Heuer boutique
Watches of Switzerland has announced the opening of its third Tag Heuer boutique in the Harlequin Centre, Watford. The 37 square metre space was opened in partnership with Tag Heuer, and its interior features grey and red themes and furnishings, reflective of the brand’s motoring heritage. The boutique now features…
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7 JulyRetailers
Mappin and Webb opens refurbished boutique
Mappin and Webb announced it has opened the doors to a newly refurbished Cambridge boutique. The original boutique has been extended and will house a dedicated 36sqm Rolex area, making the total boutique 111sqm in size. The multi-brand section of the boutique will also offer a selection of timepieces and…
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2 JulyDesigners
Watches of Switzerland and Tag Heuer open Kingston boutique
Watches of Switzerland and Tag Heuer have announced the launch of their second collaborative boutique, which has opened its doors in the centre of Kingston. The new site will feature over 150 timepieces, including Tag Heuer’s newest launches, such as the TAG Heuer Connected watch, as well as its heritage…
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Jun- 2020 -30 JuneDesigners
Hublot and Watches of Switzerland unveil exclusive timepiece
Hublot and Watches of Switzerland have together unveiled an exclusive special edition timepiece. The Classic Fusion Aerofusion Chronograph ‘Watches of Switzerland Group’ edition was launched at an “immersive” digital event hosted by Brian Duffy, CEO and Craig Bolton, executive director of the Watches of Switzerland Group. Alongside them, Omar Choudhary,…
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29 JuneCoronavirus
Watches of Switzerland donates £100k to food banks
Watches of Switzerland and Mappin and Webb’s parent group, the Watches of Switzerland group, has donated £100,000 in emergency funds to UK food banks during the Covid-19 crisis. The group said it recognised an “urgent need” for food bank funding after these facilities faced soaring demands in light of the…
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25 JuneNews
Watches of Switzerland partners with Tag Heuer
Watches of Switzerland has announced it has partnered with Tag Heuer to open a new Tag Heuer boutique in Oxford. The 39 square meter site is located in the city’s Westgate Centre, and features a contemporary interior decorated with the colours of the Tag Heuer brand. The boutique will feature…
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