Watches of Switzerland ticks lower after US owner sells shares
The retailer floated at a price of 270p in May last year and the placing was carried out at a price of 360p
Company
Watches of Switzerland Group PLC
LON:WOSG
Watches of Switzerland Group PLC operates as a retailer of Swiss watches in the United Kingdom and internationally. It involves in the sale and service of timepieces. The company is based in London, the United Kingdom with store locations in Manchester, Edinburgh, Glasgow, Birmingham, London, Cardiff, and Brighton, the United Kingdom.
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Watches of Switzerland ticking along nicely as interim profits more than double
WoS also revealed it was paying almost £32mln for showrooms in Stratford, Brent Cross, Kingston and York from Fraser Hart
Watches of Switzerland shares jump on first day of trading in London
By late morning, the shares were changing hands at 307p each, giving the company a market value of £735mln.