Enterprise Information: Shares Of Retailer Watches Of Switzerland Rise On London IPO

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For a lot of US-based watch consumers, Watches of Switzerland could also be a comparatively new identify, however the group has made main inroads on this market of late, opening new shops and buying the South Florida watch retailer Mayor’s. In response to the Monetary Occasions, the US was answerable for 23 p.c of Watches of Switzerland Group gross sales final 12 months, with the remaining coming from the UK. Simply final 12 months, the group opened an eight,000-square-foot flagship in New York’s SoHo neighborhood, in addition to a retailer in Las Vegas. This 12 months it opened one other massive retail house as a part of one in all New York’s newest, and highest profile,  real-estate developments, Hudson Yards. 


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