Tag: $Watches of Switzerland Group

Watches of Switzerland shares plunge 32% after guidance cut

Watches of Switzerland shares plummeted on Thursday morning, after the luxury watch retailer cut its guidance for the 2024 fiscal year.

Watches of Switzerland shares plunge by a quarter after Rolex buys retailer Bucherer

“This move reflects the Geneva-based brand’s desire to perpetuate the success of Bucherer and preserve the close partnership ties that have linked both companies since 1924,” Rolex said.