Tag: $Watches of Switzerland Group

London-listed Watches of Switzerland Group (WOSG.L), has held talks in recent months over potential offers to ​take the luxury watch retailer private, said three people close ‌to the matter.

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

“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.