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watches of Switzerland The report revealed strong growth over the past half year amid a surge in U.S. sales despite President Donald Trump’s tariffs.
Bosses said the company has seen “no significant change” in the behavior of its buyers since the initial tariffs were introduced earlier this year.
The group said it underlined “the continued strong demand for luxury watches and jewelery in the US”.
Nevertheless, Watches of Switzerland praised an agreement reached last month between the US and Switzerland, which reduced the tax swiss Imports to the US dropped from 39% to 15%.
On Thursday, the watch retailer reported group revenue rose 8% to £845 million from a year earlier.
This was supported by strong demand in the US, where sales rose 15% to £409 million.
In the US, the group has benefited from a surge in sales of the Roberto Coin business, which was closed last year.
The retailer said UK revenue rose 2% to £436 million, with an increase of 5% adjusting for showroom closures.
The company said it saw the momentum continuing in the second half of the fiscal year.
Chief Executive Officer, Brian Duffy, said: “The second half of the year has started well.
“Trading is in line with expectations, and we are well positioned as we enter the holiday trading period.
“While we remain mindful of the external economic and geopolitical environment, we are confident in the strength of our business and our differentiated offering, and we have reiterated our full-year 2026 guidance.”
shares Swiss watches rose 0.8%.