Half-year net sales (ended July 7) of watchmaker Fossil Inc. rose 16.8 percent to $611.3 million. Net income totaled $39.7 million (versus $21 million in 2006). Gross profit rose 17.9 percent, year over year, to $306.6 million. The Richardson, Texas, company believes innovations (introduced in 2006’s second half and early 2007) in its watch and jewelry lines are fueling domestic and international sales growth. Upscale Swiss watchmaker Bucherer Watches S.A. on July 1 acquired Techniques Horlogères Appliquées, gaining two more Swiss sites—in Longeau (assembly) and Sainte-Croix (development, technical research, and production of movements). Luxury Swiss watchmaker Ebel has a five-year agreement with British soccer club Arsenal to provide time displays in Arsenal’s stadium and improve the club’s timing equipment. The contract was announce

This content is exclusive to JCK Pro subscribers. Subscribe now to access this and much more with discount code GOPRO21 for $199 for an entire year of access (reg. $249).


Already a JCK Pro? Log in

A JCK Pro subscription is your all-access pass to people and resources on the
cutting edge of the retail jewelry industry, from the industry authority you
know and trust

Learn about the Perks of JCK Pro

Log Out

Are you sure you want to log out?

CancelLog out