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WOSGF / Watches Of Switzerland: Path To Dominating The Luxury Watch Market

Watches Of Switzerland: Path To Dominating The Luxury Watch Market
WOSG has a strong market position in the UK and US, with a wide range of luxury watch brands and national reach, affording it a monopolistic position. Its relationship with brands and reputation within the industry will protect its market position, as brands have little choice to support other retailers, particularly in the UK. The luxury watch industry is incredibly attractive due to the change in perception, being increasingly seen as investments. Although the market has softened, we are bullish long term. Read More
Posted: Aug 15 2023, 23:51
Author Name: Seeking Alpha
Views: 110822

WOSGF News  

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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