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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Nov- 2019 -29 NovemberDesigners
Tudor boutique launches in London
The Watches of Switzerland has partnered with Tudor watches to launch a Tudor mono-brand boutique in London. It is the first mono-brand boutique to be launched outside of Asia and the Middle East, and will be sited in the Westfield Shopping centre in Shepherd’s Bush, London. The boutique will feature…
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Aug- 2019 -28 AugustAppointments
Jonathan Payne Joins Hamilton & Inches as managing director
Edinburgh based jewellers and Royal Warrant holders Hamilton and Inches has announced Jonathan Payne as its new managing director to support Victoria Houghton, CEO, and the rest of the team. Payne will bring his luxury retail management expertise he gained from his previous roles to Hamilton and Inches as it…
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14 AugustRetailers
Watches of Switzerland revenues jump 17.8% in Q1
Watches of Switzerland has reported a 17.6% increase in total revenue to £209.4m for the three months to 28 July 2019. The group also saw “strong” like-for-like growth of 10.8% during the period, with sales increasing by 11.5% and 8.7% in the UK and US respectively. During the last three…
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Jul- 2019 -17 JulyRetailers
Watches of Switzerland sees profits surge 181% in FY results
Watches of Switzerland has reported a 181% rise in profits before tax to £20.1m, in its first set of results after the company was floated on the London Stock Exchange. For the year ending 28 April 2019, the group also revealed its revenues surged by 22.5% to £773.5m during the period, and…
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10 JulyRetailers
Watches of Switzerland staff given £1,000 bonus following London IPO
Staff from the Watches of Switzerland Group at stores across the UK and US have been given a £1,000 bonus as a thank you following the company’s float on the London Stock Exchange. Around 2,500 employees from the group’s Mappin and Webb, Goldsmiths and its eponymous Watches of Switzerland stores…
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May- 2019 -22 MayRetailers
Watches of Switzerland seeks £660m valuation in London IPO
Watches of Switzerland said it is seeking a market capitalisation of up to £660m in its upcoming London public listing. According to reports the retailer intends to sell shares in a range of 250-277p as it seeks to pay off some of its debts. The retailer is now focusing on…
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Apr- 2019 -30 AprilEvents
Watches of Switzerland celebrates 100 years in business with Rolex
To celebrate, Brian Duffy, CEO of The Watches of Switzerland Group and Richard de Leyser, managing director of Rolex, hosted an event night at the BALTIC Centre for Contemporary Art to commemorate and thank its “loyal” north east clients and businesses. As part of its centenary year, The Watches of…
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Mar- 2019 -11 MarchRetailers
Emile Chouriet timepieces land in the UK
Mode 9, an international watch distribution company based in London, has secured retail outlets for luxury Swiss watchmakers Emile Chouriet in the UK and ROI. Select timepieces from the brands will be available from Watches of Switzerland outlets; WatchShop.com and The Watch Hut as well D.C. Leake Jewellers. Emile…
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Jul- 2018 -3 JulyUncategorized
Glashütte Original creates a buzz with new Sixties models
Glashütte Original is celebrating its partnership – now in its 15th year – with the Dresden Music Festival by rolling out the latest two representatives of its Sixties line, which carry the style of the Sixties into the 21st century. Glashütte Original is a world-famous watch brand with a long tradition…
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Jun- 2018 -25 JuneRetailers
Goldsmiths jewellers owner appoints banks ahead of IPO listing next year
The parent company of British jewellery retail chain Goldsmiths has appointed two banks to manage its flotation on the stock market next year. Aurum Holdings, which also owns Watches of Switzerland, has appointed Goldman Sachs and Barclays to aid with a public listing that may take place in London next…
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