Watches of Switzerland Group (WOSG) updated on its recent trading on Wednesday with the former high-flyer delivering good news about its core UK and US markets. This is despite the tariff carnage of recent months and was a positive development after a series of earlier weaker reports had sent its share price down over 40% this year alone.

The company last week became the latest big name to urge the government to restore VAT-free shopping for tourists (the lack of which has been dubbed a ‘tourist tax’). But it said it’s “pleased with our performance in the 18 weeks to 31 August 2025 and are on track to deliver a good H1 FY26 in line with our expectations. We have seen consistently strong trading throughout the period, particularly in the US, despite the announcement of increased tariffs o

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