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Luxury retailer Watches of Switzerland saw its shares rise by 9.7% after reaffirming its plan to double sales and profits by 2028. The company reported a slight increase in revenue for the most recent quarter, with watch sales rising while jewelry sales declined. Growth was strongest in the US, while the UK and Europe experienced a decline. CEO Brian Duffy highlighted opportunities in the pre-owned market, particularly for certified pre-owned Rolex watches. The company also plans to expand its offerings and leverage partnerships with US luxury jewelry brands.

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