Watches of Switzerland reports a strong performance for the eighteen weeks until August 31, 2025. The results correspond to expectations for the 2026 financial year. The company recorded a robust trade, especially in the United States – despite the announcement of new tariffs on Swiss imports. The British luxury market also remained stable and contributed to solid growth compared to the previous year.
The London luxury clock dealer continues to expect currency -adjusted sales growth between six and ten percent for the year until April. The adjusted margin of the result before interest and taxes could decrease by one percentage point compared to 9.1 percent in the 2025 financial year.
The company’s new Rolex flagship boutique in London exceeds expectations. The business with certified used goods is going well in both the UK and the USA. E-commerce sales also record positive growth, especially in the USA after the website has upgraded.
Watches of Switzerland is expanding its portfolio with three new Roberto coin boutiques in the USA. The showroom development program continues with several renovations and new openings in Great Britain and the USA. The company does not assume the essential effects of the US tariffs in the first half of the financial year, since the stocks of the branded partners have been increased.
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