Watches of Switzerland reports lag in Q1 sales


Watches of Switzerland reports lag in Q1 sales

Watches of Switzerland which has just relocated into a resplendent new HQ has reported that sales for May, June & July have slipped from £391 million last year to £382 million. The US market showed an increase in its revenues of 10 per cent, coming in at £163 million but the UK and Europe total was £219 million,  down by 8 per cent as compared with the same quarter last year.

CEO Brian Duffy commented that the quarter’s performance was in line with expectations.

Share

Twitter Facebook LinkedIn WhatsApp

Related News


Sign up to receive our newsletter