Watches of Switzerland (WOSG) announced full-year earnings at the top end of expectations a day after Reuters reported that the luxury goods retailer had been in talks with potential suitors with a view to going private.
It’s thought that private equity funds could be in the frame, no surprises there given that its shares remain well below their 2022 high-water mark despite recording a strong rally since September 2025. At their peak, the shares were trading at 7.35 times book value set against the current multiple of 2.37.