Watches of Switzerland Tumbles After Trump’s 39 percent Tariff Salvo The world of luxury timepieces is feeling the heat as Watches of Switzerland, the renowned retailer of Rolex and other Swiss watches, experiences a significant setback. Following President Trump’s bold move to impose a hefty 39 percent tariff on Swiss watches, the company’s shares have […]
At Watches of Switzerland, Rolex Demand Is Fuelling Retail Expansion
At Watches of Switzerland, Rolex Demand Is Fuelling Retail Expansion Watches of Switzerland, a prominent player in the luxury watch industry, is making bold moves despite the looming threat of US tariffs. The company is set to open one of Europe’s largest Rolex boutiques in London, showcasing its confidence in the continued strength of demand […]
Watches of Switzerland Shares Rise on Signs of Improving Demand
The Watches of Switzerland Group Plc has recently seen a notable improvement in its share price, climbing as much as 8.5 percent during London trading. This rise follows encouraging sales figures from the company, the largest seller of Rolex watches in Britain, as it reported growth in its fiscal second quarter. Despite these gains, the […]