Watches of Switzerland Group acquires Roberto Coin for £104m ($138m) to expand luxury portfolio.
Watches of Switzerland Group has acquired Italian luxury jewelry brand Roberto Coin for £104 million ($138m). The deal aims to expand Watches of Switzerland's luxury portfolio, leveraging its retail and operational expertise to accelerate growth and enhance Roberto Coin's presence in North and Central America. The acquisition is expected to strengthen Watches of Switzerland's position in the luxury sector and aligns with its strategy to diversify offerings and expand into complementary luxury sectors.
May 09, 2024
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