Switzerland
This coverage examines Switzerland’s influence on the UK retail landscape, with a focus on Swiss-owned brands, luxury watch and chocolate retail, cross-border trade, import regulations, and consumer preferences. Reporting highlights how Swiss market dynamics, supply chains, and brand strategies intersect with UK retail operations—offering insights for executives, buyers, and professionals managing premium sourcing and international partnerships.
-
Aug- 2022 -16 AugustNews
Watches of Switzerland Q1 revenues hit £391m
The Watches of Switzerland Group PLC has reported a 31% rise in group revenues year-on-year from £297m to £391m for the 13 weeks to 31 July 2022 (Q1 FY23), benefiting from de-stocking and pent up demand as showrooms reopened following Covid-19 lockdowns. Luxury watches sales grew 32% to £342m, representing…
Read More » -
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.…
Read More » -
May- 2022 -27 MayOnline & Digital
Mango debuts new digital wellness line
Mango, the European fashion group, is opening a new wellness line by integrating a selection of the Rituals catalogue and stock onto its online platform, in a bid to extend its commercial offering and service to customers. Mango’s marketplace will feature 150 Rituals products in six categories: bath and shower,…
Read More » -
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%…
Read More » -
Apr- 2022 -12 AprilLuxury Goods
Watches of Switzerland unveils leadership shakeup
The Watches of Switzerland Group PLC has announced the appointment of Chabi Nouri to the board as an independent non-executive director and a member of the company’s ESG Committee, effective from 1 May 2022. Prior to her new role, Nouri was president and chief executive officer (CEO) of Piaget, with…
Read More » -
Feb- 2022 -10 FebruaryLuxury Goods
Watches of Switzerland sales soar amid ‘thriving’ market demand
The Watches of Switzerland Group PLC has reported its revenues surged 27.9% year-on-year to £348.1m in the 13 weeks to 30 January 2022 (Q3 FY22), and 36.5% from pre-Covid levels. The group’s year-to-date revenues for the 39 weeks to 30 January 2022 (9M FY22) also rose by 38% year-on-year from…
Read More » -
Dec- 2021 -7 DecemberDepartment Stores
Harrods launches new partnership with Klarna
Luxury retailer Harrods has announced a new partnership with Klarna, a global retail bank, in a bid to offer customers more “flexible” and “convenient” payment options. Harrods UK will allow shoppers to use Klarna’s Pay in three payment options for beauty purchases in Harrods Beauty Hall, as well as across…
Read More » -
Oct- 2021 -27 OctoberPeople Moves
VF Corporation appoints VP of investor relations
VF Corporation, a branded lifestyle apparel, footwear, and accessories group, has appointed Allegra Perry to the position of vice president, investor relations, effective January 2022. In her new role, Perry will report to VF’s CFO Matt Puckett, and be responsible for leading all aspects of VF’s investor relations program. She…
Read More » -
5 OctoberDepartment Stores
New retail brands set to open at Battersea Power Station
Battersea Power Station has announced that further retail brands are set to open in the grade II* listed building. Some of the latest British and international retail brands planning to open on its premises include: Ralph Lauren, Calvin Klein, Tommy Hilfiger, Ray-Ban, L’Occitane, The Body Shop and Mango. Developers at…
Read More » -
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…
Read More »
