Watches of Switzerland has posted strong UK performance as revenue increased.
The group has raised full-year revenue guidance from £1.05-£1.10bn to £1.15-£1.20bn. Revenue jumped by 44.6% to £586.2m for the period.
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“We are very pleased with our first half performance,” said chief executive, Brian Duffy. “Over the last two years, we have demonstrated the versatility of our multi-channel model with a more than doubling of sales to domestic clients and within this half year, a significant change in brand mix.”
The group is expanding in the US and has purchased five new stores across in Texas, Colorado, Connecticut, and Minnesota.