Watches of Switzerland continues to expand its retail network in the U.S. with the opening of its latest multibrand showroom on the East Coast. The newly opened boutique is located at the base of One Vanderbilt, one of Midtown Manhattan’s tallest office towers, which stands 73 stories high at the corner of 42nd Street and...
Category: Shopping
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SPAR Switzerland further invests in store network
SPAR Switzerland celebrated a new store opening and two renovations, further growing the SPAR brand and retail network across the country. New SPAR Express in Niederurnen The highly-anticipated SPAR Express store on Hauptstrasse 52 opened to the residents of Niederurnen. The SPAR Express includes a BP petrol station and a Bean Tree Bistro, promising convenience...
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:max_bytes(150000):strip_icc():focal(749x0:751x2)/tina-turner-11-0524-41ea98a5b7f74ad6b4d608724ccdbd40.jpg "Inside Tina Turner’s Peaceful Days in Switzerland: She Had a ‘Completely Normal’ Life")
Inside Tina Turner’s Peaceful Days in Switzerland: She Had a ‘Completely Normal’ Life
When Tina Turner walked into a room, people took notice. “You can’t imagine the looks, the way people dropped their knives and forks, when they saw who it was entering the dining room,” Rico Zandonella, owner of a restaurant the late superstar frequented in Switzerland, tells PEOPLE. “Because she was Tina and she had a...
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Higher wages and better working conditions: “Switzerland is a cash cow”: Emigrants rave about new life – The Global Domain News
High-paying jobs and the attractive job market attract Germans to Switzerland. However, one emigrant complains about the locals’ lack of sociability. Switzerland, one of the richest countries in the world, attracts many Germans with high wages and good working conditions. According to ZDF, around 65,000 Germans leave the Eurozone as cross-border commuters to work in...
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Watches of Switzerland says UK sales continue to be hit by tourist tax
Rolex retailer Watches of Switzerland has said its UK sales continue to be impacted by “minimal return” from tourist spending due to a lack of VAT-free shopping. However, the group, which also owns the Goldsmiths and Mayors jewellery chains, said it was “cautiously optimistic” about trading over the next year as it posted a growth...
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Wealthy Nordics are fleeing to Zurich due to high wealth taxes
Sweden’s largest bank by market value, SEB AB, is opening an office in Zurich to cater to wealthy expatriates from the Nordic region. The first Swedish bank to set up shop in Switzerland, SEB follows a raft of Norwegian rivals that are flocking to the country in the footsteps of their rich countrymen, many of...
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Watches of Switzerland sales hit by ‘minimal return’ of tourist shopping
The luxury watches retailer saw total sales remain flat on a reported basis at £1.5bn in the 52 weeks ending April 28, 2024. On a constant currency basis, sales grew 2% in the same period. Sales in the US grew 6% to £846m, while sales in the UK and Europe dropped 5% to £846m “impacted...
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Rolex acquisition triggers Watches of Switzerland share crash
Watches of Switzerland (WOSG) shares tumbled on Friday morning amid fears that Rolex was taking steps to set up its own retail network. Rolex has bought Bucherer, which like Watches of Switzerland, sells Rolex products through its shops around the world. Rolex currently relies on partners for retail sales, and so the possibility of it shifting to a...
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A Swiss Army Knife without the knife: Victorinox to offer bladeless products
The maker of the Swiss Army Knife says it plans to begin offering pocket tools that don’t contain blades. Victorinox CEO Carl Elsener told the Swiss news outlet Blick last week that rising violence in certain parts of the world has prompted multiple governments to crack down on what types of blades people can brandish...
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Zurich shopping – Guide to stores, markets and more – Time Out
Whether you like a handsome department store that caters for your every retail whim, a hip backstreet boutique or a fusty vintage store with a line in forgotten fashions, Zurich shopping has it all. The main shopping area is around the Bahnhofstrasse, which runs from the main station, Hautbahnhof towards Lake Zurich. Fashion chains such...
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Cashierless 24-hour Spar store opens in Switzerland
Spar Switzerland and fuel retailer Avia recently opened the doors to the first 24-hour Spar Express forecourt store, located at Zurich’s Sihlqui bus terminal. Source: Spar Switzerland Within three weeks, the store at Ausstellungsstrasse 10 in Zurich was converted into the first Spar Express forecourt store operating without onsite personnel. The 50m2 store offers about...
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Well-known Swiss chocolate shop is opening at Square One in Mississauga | insauga
Preferred Region How does this work? Calling all chocolate lovers! A new chocolatier is opening soon inside Mississauga Square One, just in time for those summer taste buds. Läderach was founded in 1962 in Glarus, Switzerland, by Rudolf Läderach Jr., and quickly became known in the chocolate industry. A notable innovation came in 1970 when...