One of the most interesting and impressive retail developments in the UK in recent years, Battersea Power Station, is edging closer to completion with Hugo Boss, Uniqlo and major beauty names taking space there.
Watches of Switzerland reported continued strong luxury watch sales growth and increased momentum in the US market on Thursday as it delivered a trading update for Q3 and shrugged off wider market worries.
Watches of Switzerland has restructured its top management team due to the impending retirement of its COO Tony Broderick. Craig Bolton has been prompted to oversee the UK unit while David Hurley runs the US arm.
Watches of Switzerland is using the redesigned lower level of its flagship store in New York’s SoHo to host a sneaker and watches exhibition with Stadium Goods as it continues to build its reputation in the US market.
The first set of results from Watches of Switzerland since the company's May IPO have shown just what attracted investors to the business. Pre-tax profit surged and its revenues rose in high double-digits last year.
Watches of Switzerland, the British retail group behind luxury chains including Mappin & Webb and Goldsmiths, made its debut on the London Stock Exchange on Thursday with shares rising by 15% during the morning.