Movado Group, Inc. said its net sales for the third quarter increased 8.3 percent to $180.2 million. Same-store sales grew 8.8 percent at the Movado boutiques for the period ended Oct. 31, versus a 0.5 percent gain achieved during the third quarter of 2006.
Gross profit for the quarter was $109.9 million, or 61 percent of [...]
NicoH, posted a picture of his new watch strap on TimeZone. Nothing special you think.
Looks even a bit ‘old’, you might think. You are right. It is about 50 years old. This strap has been made out of leather from a Mercedes Benz 300 SLR dated 1956. It gets even better. The car belongs to [...]
New York—With the help of Zenith watch brand, Andy Summers of legendary rock band The Police showed off a photo series of his candid, behind-the-scenes shots from the band’s early days during an invite-only reception held in New York at the end of October.
Revelers at the event, held [...]
Middlebury, Conn.
—Timex troop B.
V. has named Hans-Kristian Hoejsgaard, a seasoned luxury retail veteran, as its new president and chief executive officer, effective Feb. 11.
“It is indeed a pleasure and a privilege to have been entrusted with leading one of the world’s largest contemplate companies, built on strong global brands and leading technologies,” [...]
Yesterday, I visited the Düsseldorf watch fair in the Radison-SAS hotel. It is a 2 hour drive from The Hague and (much) more interesting than the Dutch watch fairs. The (quality) level of offered watches is higher and it is watch-only, where the Dutch watch fair also has a lot of wooden clocks etc. Unbelievable, [...]
Miami, Fla.—TAG Heuer and brand ambassador Maria Sharapova unveiled several new ladies’ timepieces in the Professional, Carrera and Formula 1 series at the Four Seasons in Miami on Saturday.
Sharapova introduced the new timepieces, saying she likes the watches because they are universal, allowing her to go from the [...]
November sales grew by 3.5 percent on a year-over-year comparison for the same thirty days of 2006 on a same-accumulate foundation for U.S. chain stores, according to the International Council of Shopping Centers, Inc.
Although the overall sales gain for November was the strongest monthly increase since March 2007 (+5.9%), ICSC delving estimates that between ¾ [...]
There are situations when some, even a very good product, becomes unpopular with buyers and this may cause a manufactory crisis. SMH company, one of the leading Swiss gaze at manufacturer, experienced something similar in the late 1970s. So the company needed to make their products popular with the young. Because this amplitude would not [...]
More than $18 billion has been bushed online during the first 37 days of the recess season (Nov. 1 – Dec. 7), an 18 percent gain year-over-year, according to comScore. On Dec. 6, consumers spent $803 million online, a 28 percent dilate year-over-year and the heaviest online spconclusion day in history.
For the week ending Dec. [...]
The Timex assemblage B.V., one of the world’s first checkmakers, named Hans-Kristian Hoejsgaard as its new president and chef hierarchy officer on Dec. 5. He was previously the president and CEO of Georg Jensen, a luxury goods group, for several years. He’ll officially takes over leadership of Timex Group on Feb. 11, 2008.
Hoejsgaard replaces Santana, [...]