Watches of Switzerland Group reported a 3% increase in revenue for H1 FY25, totaling £785m, despite a 7% drop in adjusted EBITDA and a 23% decline in statutory operating profit. Luxury watch revenues fell by 3%, while luxury jewellery revenue dropped 6%, although the UK saw a 4% increase in jewellery sales. The company is optimistic about its acquisitions and ongoing growth in the pre-owned market, alongside a centenary collaboration with independent watchmakers. Teljes cikk (Euronews.com)