This article provides a PESTLE analysis of Watches of Switzerland, a British retailing company that operates with its 16 stores across the UK. The analysis covers political, economic, social, technological, legal, and environmental factors that impact the company. The article highlights three key issues for the company: coping up with the political changes, introducing latest trends by keeping cost of production economical, and initiating more and more number of consumers to opt for buying luxury products.

Coursework 1 - Briefing Note

Write a 500-word Briefing Note on the macro-environmental factors that the CEO and board of directors of Watches of Switzerland need to consider over the next 12-24 months.

This article provides a PESTLE analysis of Watches of Switzerland, a British retailing company that operates with its 16 stores across the UK.

PESTLE Analysis of Watches of Switzerland

This briefing note discusses the impact of COVID-19 on the luxury watch industry and the strategies adopted by Watches of Switzerland to improve customer experiences and enhance firm's performance. It covers key issues such as PESTEL analysis, GDP, and firm performance benchmarking. The note suggests that the directors of Watches of Switzerland should be aware of the changing preferences of customers, fluctuations in exchange rates, and factors for benchmarking which indicates the quality of the watches.

Luxury Watch Industry: Impact of COVID-19 and Strategies Adopted by Watches of Switzerland

This report discusses the macro environmental factor of Watches of Switzerland in the global business environment. It includes a Pestle analysis of the company's position in the market, along with key issues such as political uncertainty, challenges of electronic commerce, and mastering social media. The report also covers the subject of BM461 Global Business Environment.

Pestle Analysis of Watches of Switzerland in Global Business Environment

This article discusses the challenges faced by the luxury watch market due to COVID-19, strategic overhaul, and economic stagnation. A PESTEL analysis is conducted to determine the external factors affecting the industry, including political, economic, sociocultural, technological, environmental, and legal factors. Recommendations are provided to help the company overcome these challenges and increase its global operations.

University of Zagreb

Challenges and PESTEL Analysis of Luxury Watch Market

This article discusses the impact of global macro-environmental factors on Watches of Switzerland, including the shift in consumer demand towards smart watches, increased demand for luxury brands, and the effects of Covid-19 on the watch industry. Key issues such as employee turnover and overstocking are also addressed. A PEST analysis is conducted to examine the political, economic, social, and technological factors affecting the company.

Impact of Global Macro-Environmental Factors on Watches of Switzerland

This article discusses the PESTEL analysis of Watches of Switzerland in the global business environment. It covers political, economic, social, technological, environmental, and legal factors affecting the company's operations. Key issues such as inflation, global economic growth, currency exchange rates, supply and demand elasticity, firm performance benchmarking, etc. are also discussed.

PESTEL Analysis of Watches of Switzerland - Global Business Environment

This article discusses the key issues and PESTEL analysis of Watches of Switzerland in the global business environment. It covers political, economic, social, technological, environmental, and legal factors affecting the company's operations.

PESTLE Analysis of Watches of Switzerland

End of preview

Luxury Watch Industry: Impact of COVID-19 and Strategies Adopted by Watches of Switzerland

Pestle Analysis of Watches of Switzerland in Global Business Environment

Challenges and PESTEL Analysis of Luxury Watch Market

Impact of Global Macro-Environmental Factors on Watches of Switzerland

PESTEL Analysis of Watches of Switzerland - Global Business Environment

Global Business Environment of Watches of Switzerland

PESTLE Analysis of Watches of Switzerland

End of preview

Luxury Watch Industry: Impact of COVID-19 and Strategies Adopted by Watches of Switzerlandlg...

Pestle Analysis of Watches of Switzerland in Global Business Environmentlg...

Challenges and PESTEL Analysis of Luxury Watch Marketlg...

Impact of Global Macro-Environmental Factors on Watches of Switzerlandlg...

PESTEL Analysis of Watches of Switzerland - Global Business Environmentlg...

Global Business Environment of Watches of Switzerlandlg...

Luxury Watch Industry: Impact of COVID-19 and Strategies Adopted by Watches of Switzerland

Pestle Analysis of Watches of Switzerland in Global Business Environment

Challenges and PESTEL Analysis of Luxury Watch Market

Impact of Global Macro-Environmental Factors on Watches of Switzerland

PESTEL Analysis of Watches of Switzerland - Global Business Environment

Global Business Environment of Watches of Switzerland