Watches of Switzerland Group Plc’s profit margin will potentially be hit by US import tariffs this year, as watchmakers raise prices and demand resellers absorb some of the pain. The UK-based luxury ...
(Reuters) -Watches of Switzerland said on Wednesday that it was on track to report fiscal first-half results in line with its expectations, helped by robust demand in the U.S., and a steady ...
Forbes contributors publish independent expert analyses and insights. Despite record global revenues of $2.26 billion, retailer Watches of Switzerland warned Thursday that its profit margin could fall ...
Watches of Switzerland (WOSG) benefits from its exclusive relationship with Rolex, providing superior economics with no online competition or inventory risk. Despite recent stock declines due to ...
Watches of Switzerland (OTCPK:WOSGF) is a retailer and partner to Rolex and other luxury watch brands. In early July WOSG guided to EBIT margins falling from 9.0% to 8.0- 9.0% in the year ending April ...
Shares in Rolex seller Watches of Switzerland WOSG0.96%increase; green up pointing triangle climbed after the company reiterated its outlook for fiscal 2026 despite a challenging backdrop for ...
Watches of Switzerland said its performance is encouraging and on track with its guidance, despite a wider slowdown in demand for high-end goods and the potential effects from tariffs in the key U.S.
LONDON — European stocks rose on Wednesday, reversing negative sentiment in the previous session that was driven by regional fiscal concerns. The pan-European Stoxx 600 moved 0.7% higher, with most ...
Swiss watchmaker Swatch has begun selling a special edition watch with the numbers three and nine reversed on its face in a play on the 39% tariffs President Trump imposed on US imports from ...