Category: Retail

Watches of Switzerland Acquires Deutsch & Deutsch

Move gives purchaser access to four showrooms across Texas.

Luxury group acquires full ownership of specialist watchmaker.

Overall revenue up 18% year on year.

Transaction terms protect jobs of over 100 staff members.

Destination-inspired collections give luxury establishments something new to offer guests, and enable designers to extend their customer reach.

Company’s overall revenue up 26% year on year.

Category up 6% year on year for three months that ended December 31.

Spending up 1.2% from November and 3.5% year on year.

Jeweler cites weak consumer sentiment, particularly during holiday season.

Revenue from jewelry up 41% year on year in third fiscal quarter.

Executive compensation in the diamond and jewelry sector tends to track the market’s health – but the global situation is complex.