Watches of Switzerland has snapped up Italian jewellery brand Roberto Coin in a deal worth $130 million (£104 million). Shares in the London-listed retail group lifted after it confirmed the deal, which comes amid a strategy to grow the luxury branded jewellery operation. The group, which also owns the Goldsmiths and Mayors jewellery chains, said...
Tag: Watches of Switzerland
Post
Post
Americans Adore Fine Jewelry, and Watches of Switzerland Wants In
LONDON — Signaling the dynamism in the branded fine jewelry market, Watches of Switzerland Group has acquired 100 percent of Roberto Coin Inc. for $130 million. The group said the acquisition represents “a significant milestone” in its stated aim of accelerating growth in the sizzling hot branded fine jewelry category in the U.S., and “step...
Post
Watches of Switzerland Group to buy Roberto Coin’s US ops
Italian jewellers are clearly in fashion. Just a day after Richemont announced it’s buying Vhernier, UK-based Watches of Switzerland Group had its own big news — it’s buying Roberto Coin Inc (the American arm of the Italian brand) for $130 million. Roberto Coin It said it’s a “significant milestone in the group’s luxury branded jewellery...
- 1
- 2