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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