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Watches of Switzerland Group Plc said it sees signs of stability in the premium and luxury watch market in the UK after a post-Covid slump dented sales.
Shares of the top seller of Rolex watches in Britain rose as much as 9.7 percent in London after the company said pressures on demand for expensive timepieces suffered this year are starting to wane.
Sales in the UK and Europe fell 5 percent in fiscal 2024 as consumer confidence was hit by…
