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Watches of Switzerland reports £785 million revenue, up 4%, driven by strong U.S. sales growth.
Watches of Switzerland reported a 4% rise in revenues to £785 million, driven by an 11% sales increase in the US.
Despite a 1% drop in UK and Europe revenues, the company noted strong demand for luxury watches, particularly in the pre-owned segment.
CEO Brian Duffy highlighted upcoming showroom openings and the acquisition of Hodinkee to boost online presence.
Shares rose 5.9% on Thursday.
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Watches of Switzerland reporta £785 millones de ingresos, un aumento del 4%, impulsados por un fuerte crecimiento de las ventas en Estados Unidos.