Watches of Switzerland snaps up Italian jeweller Roberto Coin in £104m deal
Watches of Switzerland has bought Italian handcrafted jewellery business Roberto Coin in a £104.1m ($130m) deal.
The jewellery retailer said the acquisition will help it fulfil its growth strategy to “trend within the global luxury jewellery market towards branded jewellery”.
Roberto Coin has been a partner of Watches of Switzerland for over a decade and is currently the sixth largest brand in the US by sales and retail.
The brand will continue to operate as a standalone compan