Watches of Switzerland confident of sales boost amid recovery in …

Sep 3, 2024 · Watches of Switzerland, the UK's leading retailer of Rolex and Omega watches, has expressed confidence in increasing sales and profitability throughout the year as the …

CouponFollow Extension

£1
OFF

Watches Of Switzerland 'on Track' To Meet Expectations

5 days from now

Sep 3, 2024 · Watches of Switzerland 'on track' to meet expectations amid luxury recovery. WOSG expects to post 2025 revenues of roughly £1.7bn next year; By DANIEL FESSAHAYE. …

thisismoney.co.uk

1%
OFF

Watches Of Switzerland Stock Jumps On Q2 Recovery, Reconfirmed …

5 days from now

Dec 5, 2024 · The UK market, while still down 1% year-on-year at £430 million, turned positive in Q2, signaling recovery in a key region. The Luxury Watches category, which is the …

investing.com

30%
OFF

Watches Of Switzerland Shares Plummet 30% Amid Profit Warning

5 days from now

Jan 18, 2024 · Watches of Switzerland shares slumped over 30 per cent or 172.4p to 414.6p on Thursday, having fallen over 57 per cent in the last year. Warning: Watches of Switzerland …

thisismoney.co.uk

12%
OFF

Watches Of Switzerland Confident Of Sales Boost Amid Recovery In …

5 days from now

The retailer remains on track for sales to grow by up to 12% to around £1.73 billion over 2024-25, and for an improvement in profit margins.

msn.com

6%
OFF

Watches Of Switzerland Profits Fall Despite Strong US Demand

5 days from now

Dec 5, 2024 · Excluding Roberto Coin, luxury jewellery revenue fell 6%, with the UK market showing positive signs of recovery. Despite the challenges, Watches of Switzerland is …

retailgazette.co.uk

2%
OFF

Watches Of Switzerland Posts Flat Sales Amid Downturn In Luxury …

5 days from now

The watch and jewelry seller, a member of London’s FTSE 250 mid-cap index, reported a 2% uptick in sales on a constant currency basis to £761 million ($957 million) in the six months …

marketwatch.com

FAQs about Watches of Switzerland confident of sales boost amid recovery in … Coupon?

Why did watches of Switzerland increase 1% on Thursday?

Shares in Watches of Switzerland increased 1% on Thursday having lost 30% of their value over the previous 12 months. The watch seller blamed its flat sales on the “challenging” consumer environment in Britain, as it also said the closure of several of its British showrooms hit its U.K. and Europe arm’s revenues. ...

What's going on with watches of Switzerland shares?

Watches of Switzerland shares slumped over 30 per cent or 172.4p to 414.6p on Thursday, having fallen over 57 per cent in the last year. The group now expects full-year 2024 revenues to come in between £1.53billion and £1.55billion, compared with its earlier forecast range of £1.65billion to £1.7billion. ...

Why did watches of Switzerland slash its annual revenue forecast?

The London-listed group slashed its annual revenue forecast, as shoppers rein in splurging on luxury items and economic headwinds prevail. Watches of Switzerland shares slumped over 30 per cent or 172.4p to 414.6p on Thursday, having fallen over 57 per cent in the last year. ...

What happened to watches of Switzerland wosg?

Watches of Switzerland WOSG, +4.92% on Thursday reported flat sales and a sharp drop in earnings in the first half of the year as its business was hit by the downturn in the global luxury goods market. ...

Will watches of Switzerland reopen a closed showroom?

Watches of Switzerland also said it remains on track to meet its full-year guidance, as it prepares to reopen showrooms that were closed for refurbishment in the first half. ...

Why did watches of Switzerland shares tumble?

Watches of Switzerland shares tumbled as the group issued a stark warning over its financial forecasts. It expects 'no recovery' in consumer demand for the foreseeable future. ...