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X @Bloomberg
Bloomberg· 2026-02-19 08:04
Swiss watch exports resumed their long slump in January after a brief respite the previous month https://t.co/hFDN57aebY ...
X @Bloomberg
Bloomberg· 2026-02-09 05:06
The family behind Swiss watch giant Swatch is fighting off an activist pushing for change https://t.co/kjOdT9xriU ...
Watchmaker Breitling Becomes Aston Martin F1 Partner
Bloomberg Television· 2026-02-05 21:10
We are one of the leaders, in, pilot's watches, but we always covered, if you want, Earth also. And Formula one is, is similar to to piloting. Many pilots, by the way, or drivers were also pilots in in the history of bribling like Jim Clark or Graham Hill.And, Formula one is is became a phenomenon certainly also because of the Netflix series, Drive to Survive. And this year, the whole, Formula one circus starts from zero with new engines, with, with starting on a, like, on a white piece of paper. And is one ...
Casio Announces Ambassador Partnership with Pro Skateboarder Yuto Horigome
BusinessLine· 2026-02-05 08:58
Core Viewpoint - Casio Computer Co., Ltd. has announced an ambassador partnership with professional skateboarder Yuto Horigome to enhance global awareness and user engagement for the G-SHOCK brand of shock-resistant watches [1]. Group 1: Partnership Details - The partnership aims to support Horigome and promote the G-SHOCK brand worldwide [1]. - Horigome has an impressive competitive record in skateboarding and has contributed significantly to skate culture through various content [2]. - The collaboration reflects a shared spirit of resilience and innovation between Horigome and the G-SHOCK brand [3]. Group 2: Promotional Activities - A special visual featuring typography by artist VERDY was created to commemorate the ambassador appointment [4]. - A promotional movie produced by THIRTY 3 MAGAZINE was released on Casio's official social media channels [4]. - Horigome and G-SHOCK will engage in initiatives to promote skate culture and reach audiences in Japan and globally [5]. Group 3: Horigome's Perspective - Horigome expressed excitement about the partnership and his commitment to supporting the next generation while taking on new challenges [5].
X @Bloomberg
Bloomberg· 2026-01-29 08:02
Swiss watch exports returned to growth after four months of declines as brands rushed to send inventory to the US after it eased tariffs https://t.co/Vc1Wpc1b9t ...
Richemont Sells Loss-making Baume & Mercier to Italian Jeweler Damiani
Yahoo Finance· 2026-01-22 16:55
Core Viewpoint - Richemont has sold its Baume & Mercier watch brand to Italian jeweler Damiani, aiming to enhance the brand's long-term potential through Damiani's distribution network and market presence in Italy [1][2]. Group 1: Transaction Details - The sale of Baume & Mercier was a private transaction, with terms not disclosed [1]. - Richemont will provide operational services for Baume & Mercier for at least 12 months post-sale, expected to close in summer 2026 [3]. Group 2: Brand Performance and Strategy - Baume & Mercier has struggled for years and is considered one of the more commercial brands in Richemont's watch division, primarily relying on wholesale distribution [3][5]. - Kepler Cheuvreux noted that the brand has approximately 100 million euros in revenues and is currently loss-making [5]. Group 3: Future Plans and Market Position - Damiani plans to enhance Baume & Mercier's visibility by utilizing its multibrand distribution network and opening mono-brand boutiques in strategic locations over time [2]. - Despite the sale, high-end watches are expected to remain a key pillar for Richemont, and the exit is not seen as a major strategic shift [5].
X @Forbes
Forbes· 2025-12-23 21:26
Market Trends - Watch sales are recovering after a post-Covid downturn [1] - New tariffs are impacting the watch industry [1] Consumer Behavior - The report explores watches favored by billionaires and celebrities [1]
Watches of Switzerland Group PLC 2026 Q2 - Results - Earnings Call Presentation (OTCMKTS:WOSGF) 2025-12-10
Seeking Alpha· 2025-12-10 23:13
Group 1 - The article does not provide any relevant content regarding company or industry insights [1]
Movado: Improving Fundamentals Point To Strong Holiday Numbers For Q4 (NYSE:MOV)
Seeking Alpha· 2025-12-10 13:02
Core Viewpoint - Movado Group, Inc. (MOV) was last analyzed in September of the previous year, maintaining a 'Hold' rating with shares trading at $18.48, which had recently fallen below a certain threshold [1] Group 1 - The company is recognized as a worldwide watch distributor [1] - The analysis emphasizes a strategy of investing in undervalued profitable stocks with strong balance sheets and minimal debt [1] - The investment approach includes writing calls against positions to generate additional income [1] Group 2 - Risk management strategies involve position sizing and the use of trailing stop losses over time [1]
Watch brand with big-name licenses files Chapter 11 bankruptcy
Yahoo Finance· 2025-12-08 18:07
Market Overview - The global watches market size was estimated at $66.38 billion in 2024 and is projected to reach $96.81 billion by 2033, growing at a CAGR of 4.3% from 2025 to 2033, driven by rising demand for premium and mid-range quartz and mechanical watches [2] - Another estimate indicates the global watch market will start at $85.33 billion in 2025, rise to $92.51 billion in 2026, and reach $191.24 billion by 2033, with a CAGR of 8.41% from 2025 to 2035 [3] Market Trends - Quartz and mechanical watches held 68.46% of total market share in 2024, indicating a strong demand for traditional craftsmanship [3] - By region, Asia Pacific held a market share of 49.14% in 2024, while the U.S. watch market is expected to see a CAGR of 4.2% from 2025 to 2033 [8] - Analog watches led the market with a revenue share of 91.69% in 2024, and men accounted for the largest revenue share of 76.05% in the same year [8] - Offline sales held the highest market share in 2024, reflecting consumer preferences for traditional retail channels [8] Company Insights - E. Gluck, which owns the Armitron and Torgoen brands, filed for Chapter 11 bankruptcy, citing a shift in consumer preferences away from traditional watches towards smartwatches and other devices [5][6] - Founded in 1956 by Eugen Gluck, the company has a notable history, having been established by a Holocaust survivor [6][7]