UK-listed Watches of Switzerland falls on US tariffs on Swiss imports

Watches of Switzerland

01/08/2025 10:27

** Shares in Watches Of Switzerland Group WOSG.L down  7.6% to 323.8p, lowest level since April 7

** Biggest pct loser on FTSE midcaps .FTMC, which is down 0.9%

** 35%-40% of watch retailer's revenue is likely to be impacted by tariffs imposed on Swiss imports to U.S. - Jefferies

** Co sells watches from Swiss brands, including Rolex, in the U.S.

** Stock down about 42% so far this year

 (Reporting by Prerna Bedi in Bengaluru)

 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))