Watches of Switzerland festive sales rise despite ‘significant headwinds’

Award-winning Watches of Switzerland store from outside

Watches of Switzerland has reported a boost in sales across the UK and the US over the Christmas period in what boss Brian Duffy says was “another strong performance”.

Watches of Switzerland posted a 6.6% rise in sales in the 13 weeks to January 24 on a constant currency basis to £273m.

The retailer’s UK sales increased 1.5% year on year to £186m despite its stores only trading 37% of potential opening hours due to national lockdowns. The retailer’s UK ecommerce sales jumped 121% during the period, which offset the impact of store closures.

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