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Watches of Switzerland reports record revenues

Demand for luxury watches is holding up despite wider economic anxieties
July 13, 2023
  • Record sales amid rising client registrations
  • Free cash flow increased by 30 per cent

Watches of Switzerland (WOSG) highlighted some potentially significant specialist retail trends in full-year figures that detailed record revenues and a 24 per cent increase in adjusted cash profits (Ebitda) to £201mn.

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