By George MacDonald2019-05-30T07:35:00
Specialist retailer Watches of Switzerland has floated on the London Stock Exchange at 270p per share, giving the retailer a market capitalisation of £647m.
Chief executive Brian Duffy said the IPO heralded “the next phase in our growth story”.
He said: “I am delighted by the reaction we have received from the market to our business and the significant opportunities that lie ahead. I look forward to welcoming our new shareholders to the business and to working with them as we continue to execute on our growth strategy.”
Please sign in now if you have a subscription
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.