![]() ![]() He is based in Plymouth but covers the entire region. William has more than a decade's experience reporting on the business scene in Plymouth and the South West. Its report said: “Despite the impact of the Covid-19 pandemic the group delivered record sales and profit during the year.”īusiness Live's South West Business Reporter is William Telford. It has a long-standing partnership with the “most prestigious” Swiss luxury brands, of which the top seven account for 74% of the group’s revenue. It said that since 2014 it has enjoyed “strong, sustained, profitable growth to build a leading position in the UK” and is also expanding into the USA. The annual report said the group has “become a globally recognised specialist of Swiss luxury watches with a complementary luxury jewellery offering”. In February 2021 it revealed a 1.5% Q3 uplift, to £186million.Īnnual accounts for the year to April 26, 2020, revealed a revenue of £810.5million, up 4.8%, and leading to an operating profit of £48.3million. The FTSE 250 company has been expanding after seeing UK sales soar despite the Covid pandemic. There are, however, a further six outlets at Heathrow Airport, each at a different terminal, and one at Gatwick. There are also showrooms in Birmingham, Brighton, Cardiff, Manchester and Glasgow, but none in the South West until now. Nine of these showrooms are in London, including in Regent Street, Oxford Street, Knightsbridge and Canary Wharf. Watches of Switzerland has 15 showrooms across the UK, including dedicated Rolex and Jaeger-LeCoultre boutiques. “I’m sure that they will be a big hit with our shoppers, and we look forward to welcoming customers when they open their doors later this year.” It’s always pleasing to be able to announce the arrival of new brands, and especially ones of this magnitude. Greg Lumley, centre director at Drake Circus mall, said: “The boutiques are a really exciting addition for us. Already, online advertisements for at least six assistant and deputy manager jobs have appeared. They are all welcome arrivals for the mall which lost several household names during the pandemic including Carphone Warehouse, Paperchase Top Shop and aforementioned Cath Kidston. This announcement follows the recent mall openings of BOSS in December 2020, as well as the first BrewDog pub in Plymouth at the nearby, and also British Land owned, The Barcode in April 2021. ![]() British Land's Drake Circus Shopping Centre in Plymouth ![]()
0 Comments
Leave a Reply. |