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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Jul- 2020 -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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12 JuneCoronavirus
Watches of Switzerland preps for reopening
Watches of Switzerland has announced that it will reopen its stores across England on 15 June. All Watches of Switzerland, Mappin & Webb and Goldsmiths stores in the country will reopen, while its showrooms in Scotland, Wales, Northern Ireland and UK airports are expected to open at a later date.…
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May- 2020 -14 MayRetailers
Watches of Switzerland reports 5.9% increase in revenues in Q1 results
Watches of Switzerland has reported a 5.9% increase in group revenues to £819.3m in the year to 26 April, ahead of recently revised guidance. In the 46 weeks to 15 March 2020, group revenue increased by 15.8% across both the UK, which was up by 9.4% and the US, which increased…
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Jan- 2020 -8 JanuaryRetailers
The Watches of Switzerland appoints new senior members as COO leaves
The Watches of Switzerland Group has appointed Craig Bolton.as its new executive director. The news follows the groups COO, Tony Broderick, has decided to retire from the company after 40 years. Broderick joined the group’s UK retail brand Goldsmiths in 1979 as a Supervisor in the Warehouse. He first joined…
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Dec- 2019 -10 DecemberRetailers
Watches of Switzerland reports 112% increase in profit before tax
Watches of Switzerland has reported a 112% increase in adjusted profit before tax since May 2019. The high-end retailer revealed that group revenues increased by 17.3% to £428.7m with a 10.3% increase in like for like sales growth driven by higher luxury watch sales. In the six months to 27…
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