Important executive changes at Watches of Switzerland have been unveiled with the high-flying luxury retailer appointing two new presidents. Analysts have linked this to succession planning at the buoyant business.
Watches of Switzerland continued to prosper in Q3 — the 13 weeks to the end of January — and the company’s strong trading means it now expects its full-year figures to be near the top end of its earlier forecast.
Like clockwork, Watches of Switzerland Group’s latest results continued to tick consistently higher. There was another strong performance from the luxury watches and jewellery retail group for the latest half-year.
If there was an award for the best-performing retailer throughout the pandemic and beyond, Watches of Switzerland would be at least shortlisted. It has reported yet another "strong performance", this time for H1.
High-flying omnichannel retailer Watches of Switzerland is continuing to grow its UK monobrand boutique strategy with a difference. It’s opening another three destinations side-by-side in one shopping centre.
What a good time to join Watches of Switzerland. The high-flying UK-based but internationally-focused retail group has appointed William Floydd as chief financial officer. His joining date has yet to be determined.