Watches news and archive

Movado Group sees Q2 net sales rise, driven by licensed brands

Movado Group, Inc., a US-based watch and jewellery company, has reported a 3.1 percent increase in net sales to 161.8 million dollars for its second quarter of fiscal year 2026, up from 157.0 million dollars in the prior-year period. This growth was led by the performance of its licensed brands and company-owned stores, a result which chairman...

Fashion

Fossil collaborates with Nick Jonas on a watch collection

Watch and accessories brand Fossil has unveiled a collaboration with singer, songwriter, and actor Nick Jonas, its global brand ambassador. The ‘Nick Jonas x Fossil’ collection features limited-edition timepieces inspired by Jonas’ passion for watch collection, combining his personal style with Fossil’s heritage design for a celebration in “...

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Watchfinder & Co. names first-ever stylist in residence

Pre-owned luxury watch specialist Watchfinder & Co. has appointed red carpet stylist, Ilaria Urbinati, as its very first stylist in residence. Urbinati, whose celebrity clients include actors Dwayne Johnson, Ryan Reynolds, and Rami Malek, will work with Watchfinder & Co. to curate her own edits of its pre-owned watches, drawing on her red carpet...

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Business

Fossil Group's Q2 net loss narrows, raises outlook

Fossil Group, Inc. has announced its financial results for the fiscal second quarter ended July 5, 2025, revealing a third consecutive quarter of positive adjusted operating income. The company also unveiled a comprehensive refinancing plan aimed at strengthening its balance sheet and enhancing liquidity. For the second quarter, net sales...

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Swiss exports face collapse: US tariffs threaten jobs and GDP

US tariffs have sent shockwaves through Switzerland: US President Donald Trump has imposed a 39 percent tariff on Swiss imports. “Everyone's prosperity is at risk,” warns Swissmem, the industry association for the tech industry. While importers and US consumers pay the tariffs, this makes "Made in Switzerland" so expensive that orders are likely...

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Switzerland: Watch exports fall in May after record sales in April

Following substantial deliveries to the US in April, in light of impending tariffs, Swiss watch exports declined in May. However, the ‘boomerang effect’ proved less pronounced than anticipated, according to the Federation of the Swiss Watch Industry (FH). After a significant increase of 18.2 percent in April, Swiss watch exports across all...

Fashion

Chrono24 unveils new brand identity and global campaign

Chrono24, the online marketplace for luxury watches, is rebranding with a new modernised brand identity led by chief executive officer Carsten Keller, who was appointed last year, as it looks to target growth markets, such as the US. In a statement, Chrono24, which has been at the heart of watch collecting since 2003, said the brand refresh was...

Business

US tariffs drive deceptive spike in Swiss watch exports

Boosted by a surge in US demand, Swiss watch exports jumped by 18.2 percent in April 2025. However, this increase mainly masked the sector's deep concern about the new tariffs imposed by Washington. A cyclical surge linked to US trade policy The Swiss watch industry experienced a spectacular upturn in April 2025. According to data from the...

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Swiss watch exports: US market drives March growth

Zurich - Swiss watch exports rebounded by 1.5 percent in March, climbing to 2.38 billion Swiss francs (2.56 billion euros), driven by watch shipments to the US, the Swiss Watch Federation announced on Thursday. "Across the entire first quarter, however, the trend remains slightly negative, with a decline of 1.1 percent,” the Swiss Watch...

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Movado Group FY25 sales fall as company prepares for tariff impact

US-based, Swiss-founded watch firm Movado Group reported a 1.7 percent drop in net sales for the fiscal year 2025, amounting to 653.4 million dollars. The company, which owns and operates brands like Movado, Ebel, Concord and Olivia Burton, said the decline could be attributed to a drop in US wholesale clients’ brick and mortar stores, as well...

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Rag & Bone to expand into watches under new Sequel licensing deal

Rag & Bone is set to explore a new division. As part of a new five-year licensing deal with Sequel, the New York brand will be developing a line of premium watches under the watchful eye of its parent companies, Guess and WHP Global. Sequel, a subsidiary of Timex Group, has already been a long-term licensee partner to Guess, working with the...

Fashion

Michael Kors watches and jewellery to remain with Fossil

New York-based designer brand Michael Kors has extended its licensing agreement with the Fossil Group to continue creating its watches and jewellery. The move will see Michael Kors remaining a Fossil Group-licensed brand through 2027. John D. Idol, chairman and chief executive of Capri Holdings Limited and chief executive of Michael Kors, said...