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WOSGF / Rolex merchant Watches of Switzerland hopes to buck the luxury downtrend

Rolex merchant Watches of Switzerland hopes to buck the luxury downtrend
FTSE 250-listed Rolex retail Watches of Switzerland Group PLC (LSE:WOSG)'s second-quarter results come at a testing time for the European luxury sector. Luxury stocks have underperformed in the latter half of 2023, with the likes of Louis Vuitton Moet Hennessy (EPA:MC), L'Oreal and Hermes losing some $270 billion in market value since April. Read More
Posted: Nov 3 2023, 09:26
Author Name: Proactive Investors
Views: 022613

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Rolex merchant Watches of Switzerland hopes to buck the luxury downtrend

By Proactive Investors
November 3, 2023

Rolex merchant Watches of Switzerland hopes to buck the luxury downtrend

FTSE 250-listed Rolex retail Watches of Switzerland Group PLC (LSE:WOSG)'s second-quarter results come at a testing time for the European luxury secto more_horizontal

Watches of Switzerland share price: irrational sell-off, buy the dip

By Invezz
August 26, 2023

Watches of Switzerland share price: irrational sell-off, buy the dip

Watches of Switzerland (LON: WOSG) share price made a catastrophic plunge on Friday as investors reacted to the latest M&A in the industry. The shares more_horizontal

Rolex wants more control of its retail sales - and the move has sent shares of a top luxury watch dealer down 21%

By Business Insider
August 25, 2023

Rolex wants more control of its retail sales - and the move has sent shares of a top luxury watch dealer down 21%

Rolex is taking over watch retailer Bucherer, giving the luxury giant more control over how its watches are sold, the WSJ reported. After the news, sh more_horizontal

Rolex deal a “strategic move” despite Watches of Switzerland claims - broker

By Proactive Investors
August 25, 2023

Rolex deal a “strategic move” despite Watches of Switzerland claims - broker

Contrary to Watches of Switzerland Group PLC (LSE:WOSG) belief, Rolex's purchase of watch retailer Bucherer is considered a “strategic move”, acco more_horizontal

Watches of Switzerland shares plunge by a quarter after Rolex buys retailer Bucherer

By CNBC
August 25, 2023

Watches of Switzerland shares plunge by a quarter after Rolex buys retailer Bucherer

The Watches of Switzerland Group lost a quarter of its value on Friday after luxury watchmaker Rolex announced a deal to buy watch retailer Bucherer. more_horizontal

Watches Of Switzerland Plunges 26% On News Of Rolex-Bucherer Deal

By Forbes
August 25, 2023

Watches Of Switzerland Plunges 26% On News Of Rolex-Bucherer Deal

The FTSE 250 firm has sunk on news that Rolex plans to enter the retail market for the first time. more_horizontal

Watches of Switzerland loses a quarter of its value after Rolex deal

By Market Watch
August 25, 2023

Watches of Switzerland loses a quarter of its value after Rolex deal

Watches of Switzerland Group lost a quarter of its market value on Friday after Rolex agreed to buy a leading Swiss watch retailer. more_horizontal

Watches of Switzerland drops 27% on Rolex deal news

By Proactive Investors
August 25, 2023

Watches of Switzerland drops 27% on Rolex deal news

Shares in Watches of Switzerland Group PLC (LSE:WOSG) tumbled by 27% today amid growing concerns that Swiss watchmaking giant, Rolex, might be venturi more_horizontal


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