Watches of Switzerland post strong UK and US growth

Watches of Switzerland has reported a 10.8% rise in its first quarter like-for-like sales.

In the three months to July 28^th, UK and US like-for-likes rose by 11.5% and 8.7% respectively.

Total revenues increased by 17.8% to £209.4 million.

Brian Duffy, Watches of Switzerland chief executive, said: “Our first quarter as a listed business saw continued strong underlying growth in both the UK and US supported by the expansion of our showroom portfolio.

“Our focus on store upgrades and store customer service, supported by increasing digital and social marketing and closer collaboration with brand partners, is working.”