Movado Group Inc. saw a major drop in sales for the first financial quarter of 2018, from $114.1 million in the same quarter last year to $99.3 million. The New Jersey-based company will put its focus on new products.
Swiss watchmakers expect the market to stay challenging this year with the United States, their second-biggest market, showing no signs of recovering, executives told Reuters at an industry fair in Basel.
Watchmaker Movado Group Inc reported a higher second-quarter profit and raised its full-year earnings forecast for the second time this year, encouraged by improved gross margins and continued demand for its namesake ...
Fashion accessories maker Fossil Inc said a stronger dollar will eat into its earnings for the current quarter, taking the gloss off a better-than-expected quarterly profit driven by higher sales in Asia and Europe.