In a strategic move that could reshape the landscape of luxury watch retailing, Gatemore Capital Management has acquired a significant stake in Watches of Switzerland Group Plc. This investment is accompanied by a strong recommendation for the company to initiate an aggressive share buyback program valued between £25 million ($32 million) and £50 million and […]
Watches of Switzerland Acquires Hodinkee
Watches of Switzerland Group Plc has officially declared its acquisition of Hodinkee Inc., a prominent US-based watch enthusiast platform known for its high-quality editorial content and backed by high-profile investors, including LVMH and NFL star Tom Brady. This strategic move not only aims to boost the British company’s online presence in the US market but […]