This Leicester-headquartered jewellery group is one of the world’s largest distributors of luxury watches. It owns Goldsmiths, Mappin & Webb and Watches of Switzerland in the UK and is expanding across America with the backing of private equity firm Apollo. In 2017, it bought the US chain Mayors Jewelers for $105m (£80m), which boosted overseas sales to £133m in 2018. Chief executive Brian Duffy, 64, changed the group’s name from Aurum Holdings last year in preparation for a potential stock market float.

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Company details
Year2019
Rank18
CompanyThe Watches of Switzerland Group
ActivityJewellery and watch retailer
LocationLeicester
2-yr av intl sales growth pa120.31%
International sales £000s133,000
Total sales £000s685,184
Staff2,015
Founded1778
Websitewww.goldsmiths.co.uk

If applicable:

* Supplied by company † Annualised figure