Watches of Switzerland to drop 2028 growth target, Bloomberg News reports
Yesterday 11:39
Watches of Switzerland to drop 2028 growth target, Bloomberg News reports June 26 (Reuters) - Watches of Switzerland WOSG.L plans to drop a target to more than double sales and profit by 2028, as the luxury market has deteriorated since the forecast was set, Bloomberg News reported on Friday, citing people familiar with the matter, sending its shares down as much as 9.5%.
Reuters could not independently verify the report.
(Reporting by Ankita Bora in Bengaluru; Editing by Maju Samuel)
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