Watches of Switzerland is the leading multi-channel luxury watch retailer in the UK and a leading retailer of luxury watches in selected regions of the US, a resilient luxury product category in two of the most important global markets for luxury watches.


The stock was priced at 270p per share towards the top of an initial 250p – 277p price range, and rose by as much as 15 per cent on the first day of trading, giving Watches of Switzerland a market capitalisation in excess of £700m. The transaction raised £242m including £155m for the Company to reduce its leverage.

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