All Watches of Switzerland articles – Page 2
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Retail Navigator AnalysisWatches of Switzerland Group (People)
Brian Duffy was appointed CEO of the Watches of Switzerland Group in 2014 and set about transforming the business through a five-year transformation programme that culminated in its IPO on the London Stock Exchange. He is now focused on European expansion and consequently, the group has recently made some key promotions for the region.
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Retail Navigator AnalysisWatches of Switzerland Group (Financials)
Amid a “more challenging market” sales at Watches of Switzerland Group slipped 0.3% year on year on a reported basis to £1.54bn in the year to 28 April 2024 (FY2023) as the retailer hailed market share gains in both the UK and US.
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Retail Navigator AnalysisWatches of Switzerland Group (Overview)
Luxury watch and jewellery retailer the Watches of Switzerland Group comprises some 167 UK physical locations, just over 55 in the US and a handful of showrooms in Europe, consisting of both mixed-brand showrooms and single-brand boutiques.
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NewsWatches of Switzerland sales surge as luxury demand ‘remains robust’
Watches of Switzerland has posted a spike in sales and unveiled plans for a new London flagship as demand for its luxury products “remains robust”.
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AnalysisDeep dive: After Bank of England’s horror warning, is your business recession-ready?
Soaring energy prices, growing inflation and nose-diving consumer confidence present a perfect storm for retailers in 2022. What can be done to weather it?
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NewsWatches of Switzerland hails ‘strong momentum’ as profits surge
Watches of Switzerland has clocked up a surge in profits and insisted it has built “strong momentum” as it bounces back from the coronavirus crisis.
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NewsWatches of Switzerland boss slams UK VAT rules and favours EU expansion
Watches of Switzerland chief executive Brian Duffy has called on the government to reverse the “mistake” of ending duty-free shopping benefits in the UK.
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NewsWatches of Switzerland sets sights on Europe after domestic sales soar
Watches of Switzerland has expanded into the European market after delivering a strong period of sales growth driven by a “thriving domestic clientele”.
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Future LeadersM&S, Kingfisher and Lidl back major retail I&D programme
Fifteen major retailers and brands have joined forces with Be Inspired, Retail Week’s six-year-old diversity initiative to promote inclusivity across the industry in 2022 and beyond.
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AnalysisWho will be the retail winners and losers of 2022?
Which retailers will fly and flop in the year to come? We asked retail experts to share their tips for 2022.
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NewsWatches of Switzerland ‘bullish’ about Christmas success after year of disappointment
Watches of Switzerland have recorded soaring sales across all markets in which it operates and is gearing up for a blockbuster Christmas.
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NewsWatches of Switzerland revenues double as demand outpaces supply
Watches of Switzerland has hailed “strong” growth across its UK and US markets during the first quarter of its financial year.
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NewsWatches of Switzerland unveils five-year plan as ‘strong momentum’ continues
Watches of Switzerland has created a new strategic plan to keep momentum going as its profits and sales soared during the pandemic.
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AnalysisAnalysis: Lush and Watches of Switzerland on nailing international expansion
‘Non-essential’ UK retailers have had a bruising year and many of those that have proved most resilient have relied on international markets to bolster growth in 2020. Should more businesses look to do the same in 2021 and beyond?
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AnalysisWatch: John Lewis, Dixons Carphone and Watches of Switzerland’s virtual shopping reviewed
Virtual shopping has become increasingly common over the past year as retailers try to bring staff expertise and service to the online shopper. How do the services offered by some of retail’s biggest chains compare? And do they match up to the in-store experience? Grace Bowden reports.
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NewsWatches of Switzerland festive sales rise despite ‘significant headwinds’
Watches of Switzerland has reported a boost in sales across the UK and the US over the Christmas period in what boss Brian Duffy says was “another strong performance”.
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NewsWatches of Switzerland profits rise as online sales surge
Watches of Switzerland has clocked up an increase in half-year profits following a surge in online sales during the coronavirus pandemic.
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NewsWatches of Switzerland increases profit guidance as sales surge
Watches of Switzerland has increased its full-year profit guidance following “stronger than expected” sales performance during its second quarter.
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NewsWatches of Switzerland profits rise despite Covid-19 impact
Watches of Switzerland has posted an increase in full-year profits despite the impact of the coronavirus crisis.
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AnalysisAnalysis: Never waste a crisis – how coronavirus galvanised retail
In the space of a few months, Britain and its retailers have been plunged into a crisis the scale of which few would ever have imagined.
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