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    Watches of Switzerland Reports 76% Profit Increase

    1 week ago

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    Watches of Switzerland has announced a 76% rise in pre-tax profits, reaching £133 million for the year ending May 3. The luxury retailer is expanding into jewellery, launching a lab-grown diamond line amid increasing consumer demand. Annual sales rose 13% to £1.83 billion, with significant growth in the US market. The company forecasts continued sales growth for the upcoming year.
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