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Business Summary: Watches of Switzerland Group PLC is a United Kingdom-based luxury watch retailer. The Company operates in the United Kingdom and the United States comprising seven brands, such as Watches of Switzerland (the United Kingdom and the United States), Mappin & Webb (the United Kingdom), Goldsmiths (the United Kingdom ), Mayors (the United States), Betteridge (the United States), Hodinkee and Analog:Shift (the United States) with a complementary jewelry offering. The Company also owns the exclusive distribution rights for Roberto Coin in the United States, Canada, Central America and the Caribbean. The Company has approximately 208 showrooms across the United Kingdom, the United States and Europe, including 94 dedicated mono-brand boutiques in partnership with Messika, Rolex, OMEGA, TAG Heuer, Breitling, TUDOR, Audemars Piguet, BVLGARI and FOPE and has a presence in Heathrow Airport with representation in Terminals two, three, four and five as well as seven retail Websites.
Financial Summary: BRIEF: For the fiscal year ended 27 April 2025, Watches of Switzerland Group PLC revenues increased 7% to L1.65B. Net income decreased 9% to L53.8M. Revenues reflect US segment increase of 14% to L785.6M, UK segment increase of 2% to L865.9M, US segment increase of 14% to L785.6M, U.K segment increase of 2% to L865.9M. Net income was offset by Corporate segment loss increase of 46% to L5.4M.