First Watches of Switzerland block prices well

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First Watches of Switzerland block prices well

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ROLEX watch on display in a shop window in Krakow's center. On Monday, December 17, 2019, in Krakow, Poland. (Photo by Artur Widak/NurPhoto) | Artur Widak/NurPhoto/PA Images

US private equity group Apollo Global Management has completed the first selldown of stock in Watches of Switzerland, the UK luxury watches retailer, since its flotation on the London Stock Exchange in May last year.

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