Goldsmiths
This coverage delves into Goldsmiths’ performance and strategies within the UK retail sector. Follow developments on store openings, brand collaborations, product offerings, and customer engagement initiatives. Designed for retail professionals in jewellery, luxury goods, and brand management, our reporting provides essential insights into Goldsmiths’ market positioning and growth within the high-end retail landscape.
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Nov- 2023 -7 NovemberNews
Watches of Switzerland Q2 revenues rise to £379m
Watches of Switzerland has reported that revenues increased to £379m in Q2 2023, up from £374m for the same period last year, due to robust demand for luxury watches. US revenue reached £165m, up 11% at constant currency. The group reported strong sales due to the opening of new mono-brand…
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Oct- 2023 -17 OctoberNews
Arne opens pop-up shop at Liverpool One
Arne, the popular online men’s and women’s contemporary clothing and footwear brand, has officially welcomed customers to its second bricks-and-mortar activation at Liverpool One. Bringing its lucrative online brand to a physical format for the second time, Arne occupied a 3,500 sq ft unit in Liverpool One, from 14 to…
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Aug- 2023 -10 AugustLuxury Goods
Watches of Switzerland sees revenues drop to £382m
Watches of Switzerland has announced that its revenues dropped 1% to £382m, down from £391m in Q1 2023, for the 13 weeks ended 30 July 2023. The company stated that its revenue was in line with guidance, with its Q1 revenue primarily reflecting unwinding of the benefit of product intake…
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May- 2023 -17 MayLuxury Goods
Watches of Switzerland revenues hit £1.5bn in FY23
Watches of Switzerland has revealed that the group’s revenues reached £1.5bn for the year ending 30 April, as its UK and Europe revenue increased by 10% to £890m. This comes as its luxury watch revenue rose 28%, driven by increases in average selling price and volume, while luxury jewellery and…
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Feb- 2023 -10 FebruaryHigh Street
Watches of Switzerland falls short of expectations amid Christmas strikes
Watches of Switzerland has reported that its revenues increased 17% to £407m in the 13 weeks to January 29 this year, narrowly falling short of analysts’ consensus expectations of £425m. The company said its lower than expected sales growth was because of rail and postal strikes over Christmas and general…
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Jul- 2022 -7 JulyLuxury Goods
Watches of Switzerland hits ‘record’ sales of £1.24bn
Watches of Switzerland has delivered “record” sales in FY22, with revenues up 40% to £1.24bn in the year ending 1 May 2022, with UK revenue up by 36% to £810m. Adjusted EBITDA also jumped 54% to £162m as the group saw continued strong demand for luxury watches and luxury jewellery.…
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May- 2022 -18 MayLuxury Goods
Watches of Switzerland hails record revenues of £1.23bn
The Watches of Switzerland Group has reported its group revenues surged 40% year-on-year from £905m to £1.23bn in the 53 weeks ending 1 May 2022 (FY22), marking a “record” year of revenue and profitability. All in all, UK revenues were up 36% to £810m and US revenues were up 48%…
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Oct- 2021 -4 OctoberHigh Street
Four ‘premium’ brands to open at Highcross
Hammerson has announced that four new brands will open at its flagship destination, Highcross, in Leicester this autumn. According to Highcross, it has “captured” existing and new audiences through events and initiatives since reopening in spring, in addition to its 100 shops and restaurants. Highcross said the new Ted Baker…
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Mar- 2021 -30 MarchLuxury Goods
Watches of Switzerland signs lease for new Trafford Centre store
The Watches of Switzerland Group has announced it has signed a new 10-year lease with The Trafford Centre, for a flagship store in a new location, which is expected to open in the summer. The retailer will relocate its Goldsmiths store to The Trafford Centre’s Main Dome on the upper…
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Nov- 2019 -28 NovemberPeople Moves
M&S hires former Arcadia exec as head of brand creative
Marks and Spencer has appointed Anthony Cassidy as its new head of brand creative. Cassidyy joins from Arcadia, where he is currently creative director across a number of the group’s brands. Marks and Spencer said Cassidy has a “diverse” range of experience including both in-house and agency roles at Portas…
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