Watches of Switzerland Group plc (WOSG.L)
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- Yahoo Finance
Secondhand Rolex sales surge in 'underdeveloped' US market
Luxury watch prices are moderating on the secondary market, but retailers like Watches of Switzerland see demand continuing to outpace supply.
- PA Media: Money
Watches of Switzerland says UK sales continue to be hit by tourist tax
Revenue in the US grew 14%, the group said, but revenue in the UK and Europe fell 4% amid ‘challenging macroeconomic conditions’.
- CityAM
Watches of Switzerland: Rolex seller ‘cautiously optimistic’ as it posts modest growth amid ‘rich-session’
Watches of Switzerland, the British retailer which sells the likes of Rolex and Tag Heuer watches, said it was “cautiously optimistic” about trading over the next financial year as the firm reports modest growth.
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