Company Announcements

Statement on Russian invasion of Ukraine

Source: RNS
RNS Number : 9349D
Watches of Switzerland Group PLC
08 March 2022


Statement on Russian invasion of Ukraine


The Watches of Switzerland Group is shocked and deeply concerned by the tragic events in Ukraine.  Our thoughts go out to everyone affected by the conflict, and we hope for a swift resolution and lasting peace. As a business operating in the UK and US, the Group has negligible exposure to Russian and Ukrainian customers.  Our guidance, as announced on 10 February 2022, remains unchanged.





The Watches of Switzerland Group

Bill Floydd, Chief Financial Officer                                                                                                  +44 (0) 207 317 4600

Caroline Browne, Group Finance Director                                                                                     +44 (0) 116 2817 420 



Lucy Legh / Rob Walker / Joanna Clark                                                                                         +44 (0) 20 3805 4822 



About the Watches of Switzerland Group

The Watches of Switzerland Group is the UK's largest luxury watch retailer, operating in both the UK and US, comprising five prestigious brands; Watches of Switzerland (UK and US), Mappin & Webb (UK), Goldsmiths (UK), Mayors (US) and Betteridge (US), with a complementary jewellery offering.


As at 30 January 2022, the Watches of Switzerland Group has 171 stores across the UK and US including 51 dedicated mono-brand boutiques in partnership with Rolex, TAG Heuer, Breitling, OMEGA, Tudor, Audemars Piguet, Grand Seiko, Bvlgari and FOPE and has a leading presence in Heathrow Airport with representation in Terminals 2, 3, 4 and 5 as well as seven retail websites.


The Watches of Switzerland Group is proud to be the UK's largest retailer for Rolex, Cartier, OMEGA, TAG Heuer and Breitling watches.


Mappin & Webb holds Royal warrants as goldsmiths, silversmiths and jeweller to Her Majesty The Queen and silversmiths to His Royal Highness The Prince of Wales. The Mappin & Webb master jeweller has been Crown Jeweller, custodian of the Crown Jewels of Her Majesty The Queen since 2012. 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.