Watches of Switzerland is upbeat heading into Christmas despite plummeting profits

Watches of Switzerland

Watches of Switzerland boss Brian Duffy has said the brand is performing “encouragingly” heading into Christmas, despite profits plummeting at the retailer.

For the 26 weeks to October 27, 2024, Watches of Switzerland reported a 39% slump in statutory profits before tax to £41m, and a 23% drop in statutory operating profits down to £60m. 

 

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