Watches of Switzerland's Results Deliver Pleasant Surprise -- Market Talk

Dow Jones02-04

1131 GMT - Watches of Switzerland's results update shows a positive surprise after a strong holiday period, analysts at Bank of America say in a research note. The U.K. luxury-watch retailer said that sales for its fiscal third quarter recorded a positive trend--including during the key festive season--that has carried into January. "Watches have stood out as a key positive surprise in luxury reporting so far," the analysts say. Last week, Swatch Group reported positive momentum in the back half of 2025, helped by a strong acceleration in the holiday period. In January, Richemont also posted an increase in sales for its watches division, which had been struggling in past months. The watches segment has been one of the categories most affected by the widespread slowdown in demand for high-end goods. (andrea.figueras@wsj.com)

(END) Dow Jones Newswires

February 04, 2026 06:31 ET (11:31 GMT)

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The U.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. luxury-watch retailer said that sales for its fiscal third quarter recorded a positive trend--including during the key festive season--that has carried into January. \"Watches have stood out as a key positive surprise in luxury reporting so far,\" the analysts say. Last week, Swatch Group reported positive momentum in the back half of 2025, helped by a strong acceleration in the holiday period. In January, Richemont also posted an increase in sales for its watches division, which had been struggling in past months. The watches segment has been one of the categories most affected by the widespread slowdown in demand for high-end goods. 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The U.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. luxury-watch retailer said that sales for its fiscal third quarter recorded a positive trend--including during the key festive season--that has carried into January. \"Watches have stood out as a key positive surprise in luxury reporting so far,\" the analysts say. Last week, Swatch Group reported positive momentum in the back half of 2025, helped by a strong acceleration in the holiday period. In January, Richemont also posted an increase in sales for its watches division, which had been struggling in past months. The watches segment has been one of the categories most affected by the widespread slowdown in demand for high-end goods. 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