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Chief executive Brian Duffy predicts demand will bounce back in H2 and 2021 will be a bumper year for the Swiss watch industry.
For the first five years as chief executive of Aurum Holdings, now renamed as The Watches of Switzerland Group, Brian Duffy answered only to his American private equity owners Apollo Global Management. But since May last year, the business is operating in the public glare of a stock market listed corporation with turnover of over $1 billion, more than 140 stores in the USA and UK, and a staff of 2,500 people. How is life in the public eye? Rob Corder spoke to Mr Duffy just ahead of Christmas last year to find out.
A magnificent seven stars of the British watch retail industry made the list of finalists for this year's Outstanding Contribution to Retail Award, but there could be only one winner.
CEO Brian Duffy says buying small groups or even single store businesses is likely in the next two to three years.
London Stock Exchange disclosure shows Brian Duffy rewarded handsomely for his stewardship of the company up to and through its public listing.
The move shows Watches of Switzerland’s continued commitment to expansion in the UK whilst it’s CEO sets his sights on the US market.
Chief executive Brian Duffy is rolling out massive destination multibrand showrooms alongside franchised monobrand boutiques for the worlds biggest watchmakers.
Aurum Holdings overtook Signet Jewelers to become the biggest watch and jewellery retail group in the UK in 2016. The business then set its...
Aurum Holdings’ private equity owners pressed pause on the sale of the business at the end of last year and gave the group’s chief...
Aurum Holdings expects turnover to top $1 billion this year as its booming UK business is joined by 17 Majors Jewelers boutiques in the...