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.
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