The Watches of Switzerland Group (formerly Aurum)

This Leicester jewellery group says it is one of the world’s largest distributors of luxury watches. It owns Goldsmiths, Mappin & Webb, Watches of Switzerland and Watch Shop in the UK, and is expanding across America with the backing of private equity firm Apollo. Last year, it bought US chain Mayors Jewelers for $105m (£78m). It is also opening Watches of Switzerland outlets in the US, including a flagship store in Hudson Yards, New York. Overseas sales hit £39.8m in 2017, under chief executive Brian Duffy, 63.

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Company details
Year2018
Rank77
CompanyThe Watches of Switzerland Group (formerly Aurum)
ActivityJewellery retailer
LocationLeicester
2-yr av intl sales growth pa56.74%
International sales £000s39,845
Total sales £000s565,531
Staff1,802
Founded1778
Websitewww.goldsmiths.co.uk

If applicable:

* Supplied by company † Annualised figure