Watches of Switzerland confident of sales boost amid recovery in luxury market

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The retailer remains on track for sales to grow by up to 12% to around £1.73 billion over 2024-25, and for an improvement in profit margins.

The retailer remains on track for sales to grow by up to 12% to around £1.73 billion over 2024-25, and for an improvement in profit margins.

It added the firm remains on track for sales to grow by up to 12% to around £1.73 billion over 2024-25, and for an improvement in profit margins, as guided for recently. Demand was hit in recent years as cost-of-living pressures knocked discretionary spending on luxury goods.

 

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