Watches of Switzerland Expands Its Horizons with Roberto Coin Acquisition

In a strategic move aimed at diversifying its product offerings beyond high-end watches, the Watches of Switzerland Group (WoSG) has acquired the American operations of luxury jeweler Roberto Coin for $130 million.

This acquisition grants WoSG exclusive distribution rights across North and Central America, and aligns with its objective to reduce reliance on supply-constrained luxury watch brands. By leveraging its robust retail network and operational expertise, WoSG aims to enhance the Roberto Coin brand's presence and performance in the lucrative branded jewelry market, reflecting a well-calculated move to capitalize on growing market trends.

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