Luxury Goods
Watches of Switzerland posts flat H1 sales
The group also confirmed adjusted EBIT margin 9.6% and statutory operating profit of ยฃ78m, down 16% on a reported basis, compared with ยฃ93m the prior year
The Watches of Switzerland Group has reported H1 revenues were relatively flat at ยฃ761m as it faced a โreduction in the broader jewellery market reflecting temporary softer consumer sentiment and a repositioning to full price sales in the USโ.
You'll need to
subscribe to unlock this content. Already subscribed? Login?