Rolex Retailer Sets Its Watch in the West

Malaysia News News

Rolex Retailer Sets Its Watch in the West
Malaysia Latest News,Malaysia Headlines
  • 📰 WSJ
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Heard on the Street: The initial public offering of luxury watch retailer Watches of Switzerland has found favor by focusing on U.S. growth

The U.K.-based company, which sells brands like Rolex, made its market debut on the London Stock Exchange Thursday.

Its shares were up 15% in early morning trading, despite being priced toward the top of the initial range. Watches of Switzerland now has an enterprise value of around $1.1 billion—five times what Apollo Global Management paid for the...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

You Can Still Watch That Doctored Pelosi Video On Facebook Watch Without Any WarningYou Can Still Watch That Doctored Pelosi Video On Facebook Watch Without Any WarningUnlike YouTube, Facebook refuses to ban the video it admits is false.
Read more »

You Can Still Watch That Doctored Pelosi Video On Facebook Watch Without Any WarningYou Can Still Watch That Doctored Pelosi Video On Facebook Watch Without Any WarningUnlike YouTube, Facebook refuses to ban the video it admits is false.
Read more »

Retailers report; Stocks slide; Exxon meetingRetailers report; Stocks slide; Exxon meetingToday’s top business headlines with ChristineRomans before the opening bell on Wall Street:
Read more »

Abercrombie & Fitch shares tank 17% on weak same-store sales, retailer closing 3 large flagship storesAbercrombie & Fitch shares tank 17% on weak same-store sales, retailer closing 3 large flagship storesAbercrombie's same-store sales growth of 1% during the first quarter came in short of what analysts were expecting, sending the retailer's stock tumbling.
Read more »

Analysis | Climate change threatens the West’s far rightAnalysis | Climate change threatens the West’s far rightDebates over immigration and identity aren’t the only existential politics shaping the West.
Read more »

The West has many wildfires, but too few prescribed burns, study findsThe West has many wildfires, but too few prescribed burns, study findsWildfires are becoming more common and dangerous in the west, but prescribed burns, one of the best-known methods for preventing them, are rare.
Read more »

Pence tells West Point grads they should expect to see combatPence tells West Point grads they should expect to see combatVice President Mike Pence told the most diverse graduating class in the history of the U.S. Military Academy on Saturday that the world is 'a dangerous place' and they should expect to see combat.
Read more »



Render Time: 2025-03-01 08:24:16