Bosses said the company had seen ‘no significant change’ in the behaviour of its shoppers since initial tariffs were introduced earlier this year.

Watches of Switzerland has revealed strong growth over the past half-year amid a jump in US sales despite President Donald Trump’s tariffs.

Bosses said the company had seen “no significant change” in the behaviour of its shoppers since initial tariffs were introduced earlier this year.

The group said this underscored the “continued robust demand for luxury watches and jewellery in the US”.

Nevertheless, Watches of Switzerland hailed an agreement between the US and Switzerland last month which reduced the tax on Swiss imports into the US from 39% to 15%.

On Thursday, the watch retailer reported that group revenues increased by 8% to £845 mil

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