Watches of Switzerland shares UK:WOSG slumped as much as 30%, after Rolex on Thursday said it’s buying Bucherer, which has 100 outlets worldwide, not just in Switzerland but in the U.S., the U.K ...

The 135-year-old retailer owns 36 stores across the UK, Germany, France, Austria, Denmark and its main market of Switzerland. The Bucherer deal marks Rolex’s first foray into the retail market.

Exports of Swiss watches increased by nearly 12% for the first half of 2023, compared to the first half of 2022 to CHF 13.3-billion (about $15.4-billion).

Shares in Watches of Switzerland dropped more than a quarter on Friday after Rolex, the UK retailer’s main supplier of luxury timepieces, bought rival chain Bucherer.

Watches of Switzerland remains a show-me story, and we believe the equity story is set up for a 2026 top-line acceleration supported by a handful of large new store openings in late 2025.

Today, as it celebrates its centennial, the Watches of Switzerland Group has more than 200 showrooms in Britain and the United States, employs more than 2,900 people, ...

Watches of Switzerland’s shares fall by nearly a third after ‘volatile’ Christmas Last Updated: Jan. 18, 2024 at 7:40 a.m. ET First Published: Jan. 18, 2024 at 7:31 a.m. ET Share ...

Watches Of Switzerland: A Structural Winner Trading At A Very Attractive Price. Apr. 29, 2025 8:00 AM ET Watches of Switzerland Group PLC (WOSGF) Stock WOSGF 5 Comments. Chris Waller.