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Watches of Switzerland Group says luxury watch and jewellery sales haven t slowed during pandemic
UK s biggest Rolex, OMEGA and TAG Heuer retailer confident of avoiding further disruption as it targets £1bn sales
08:56, 20 MAY 2021
Updated
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The appetite for expensive watches and fine jewellery doesn’t appear to have been diminished by the pandemic.
Watches of Switzerland Group – which includes the Goldsmiths jewellers and Mappin and Webb brands – said it expects to hit sales of £1 billion next year after putting out strong lockdown figures.
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Retailers are set to reopen their doors on Monday, with Colchester s shopping centres set to welcome back customers. Both Culver Square and Lion Walk will reopen from April 12 after shutting in January following the announcement of the third UK lockdown. Under the government s roadmap to recovery, non-essential shops can open and hospitality venues can serve food and alcohol to customers sitting outdoors. Safety measures have been introduced at both shopping centres including one-way systems and hand sanitising stations for shoppers. Alongside following Government guidelines, stores may also have their own policies to keep staff and shoppers safe. Earlier this week Primark announced it would be extending its opening hours in an effort to reduce queues and give customers more space and time to shop safely.