Watches of Switzerland Expects No Impact From US Tariffs in First ...
8 Articles
8 Articles
Strong luxury watch sales amid Trump tariffs reassure investors
Steady demand for luxury watches in the face of Trump’s tariffs has reassured investors this summer, but analysts have warned that it might not last if prices rise. On Wednesday morning, Watches of Switzerland Group told markets that demand for timepieces has been “consistently strong” over summer, sending its share price up eight per cent. US President Donald Trump imposed a 39 per cent tariff on imports from Switzerland, sending WOSG’s share p…
Watches of Switzerland on track to meet guidance despite tariff woes
Watches of Switzerland (WOS) has revealed it is on track to deliver a “good” H1 FY26 in line with its expectations despite the impact of Donald Trump’s tariffs. The company stated that it saw consistently strong trading throughout the period, particularly in the US despite the announcement of increased tariffs on Swiss imports. It also stated that the stability it saw in the UK luxury watch and jewellery markets during H2 FY25 has continued. Fur…
Watches of Switzerland bucks tariff headwinds with strong demand - Retail Gazette
Watches of Switzerland said it is on track to meet first-half expectations, as resilient US sales helped it shrug off Donald Trump’s tariffs on Swiss watches. The luxury watch specialist saw “consistently strong trading” in the 18 weeks to 31 August 2025, with stability in the UK market and further growth in the US. Registration of interest lists for leading models continued to expand in both regions. The group said it does not anticipate any ma…
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