Fossil Group Inc., the 40-year-old Texas-based company that started out making a fashion watch with retro looks and then expanded to jewelry, handbags and accessories, reported its first-quarter net sales for 2024 declined 22 percent compared to the same period last year, coming in at $255 million. The sales drop follows the recent announcement that … Read more
To many people, possessing an expensive watch from a luxury brand can make them feel like they own a valuable asset. This is because the market value of watches can increase over time, allowing luxury watch owners to cash in, leading to large profits. For those interested in following this hustle, it can be treated … Read more
EMBARGO APRIL 18 @ 1AM CET / 7AM EST THE POWER OF THREE: Piaget wants to usher in its new golden age with a trio of cool kids. The Swiss watchmaker and jeweler on Thursday revealed British rock and fashion royalty scion Ella Richards as the face of the brand, which marks its 150th anniversary … Read more
With 810,000 square feet of exhibition space, up 15 percent from last year, the 2024 edition of Watches and Wonders Geneva promises to be the fair’s biggest edition yet, according to Matthieu Humair, chief executive officer of the Watches and Wonders Foundation. He said fair organizers were “very positive” ahead of the upcoming edition, which … Read more
Less money, mo problems? Sean “Diddy” Combs appears to be facing a cash crisis as hefty legal bills mount and income from lucrative partnerships dries up, analysis of Diddy’s finances by The Post shows. Diddy, 54, still lives the expensive lifestyle of a high-profile rap star despite the FBI raid — which he called a “witch … Read more
Coach has tapped Boston Celtics forward Jayson Tatum as its latest global ambassador. The NBA All-Star, who also counts himself as an ambassador for the Jordan brand since 2019, is featured in Coach’s ongoing “Courage to Be Real” series. The global campaign launching Wednesday highlights Tatum in Coach’s spring 2024 watches and sunglasses collections. “This … Read more
India and the four-European nation bloc EFTA signed a trade and economic partnership agreement (TEPA) on Sunday to enhance trade and investments between the two regions, heralding a new era of economic cooperation. As a result of the trade pact, Indian customers will get access to high-quality Swiss products such as watches, chocolates, biscuits, and … Read more
During the NFL season, Jared, the most upscale of the Signet Jewelers Ltd. divisions, formed a partnership that seemed like a natural for the business. “We started to notice fans at every Detroit Lions game holding up signs saying, ‘We went to Jared.’ It was a riff on the commercials that Jared used to run, … Read more
Catalogued alongside Tiffany diamonds, Louis Vuitton bags and other peak-luxury items, many watches have become status symbols in their own right. Rolex, Cartier, IWD, Omega—owners of such timepieces belong to a very exclusive club, which makes them all the more desirable. I remember reading an article about how the purchase of fine jewellery soared during and … Read more
Diesel On Axial Simon Hill / Digital Trends The annual CES show in Las Vegas is often filled with new wearables, but ever since I started to attend, one company, in particular, always delivered the goods: Fossil. There was a genuine passion for the product, the way Fossil leveraged the styles of its varied partner … Read more
