Watches of Switzerland, the luxury watch retailer in the UK, has announced its key financial data for the fiscal year 2023, ending on April 30th. The CEO of the group, Brian Duffy, stated, “FY23 was another record year for revenue and profitability… We enter FY24 significantly ahead of where we expected to be when we presented our Long Range Plan in 2021.”
In the fiscal year ending on April 30th, 2023, Watches of Switzerland reported the following key financial data:
Sales increased by 25% year-on-year, reaching £1.543 billion. At a fixed exchange rate, the sales gr …