Financial

Accessories News

Financial

Kering Classifies Sergio Rossi as Sale Asset

The group’s financial document shows the shoe brand posted a net loss in 2014 and is now on the block.

Swiss Watch Exports Up 3.7% in January

Exports to Hong Kong and China rebounded after a difficult fourth quarter.

Pandora Net Climbs 36% in Q4

The Danish jewelry firm said it signed an agreement to push growth in China.

De Beers Sales Climb 11%

The company said demand for diamond jewelry showed positive growth in main markets in 2014.

Swatch Group FY Net Falls 26.6%

Nick Hayek said Swatch plans to launch a “new generation” of its Swatch smartwatch in the next two to three months.

Swiss Watch Exports Rise 1.9% in 2014

Business is expected to remain stable in 2015, the Swiss watch federation forecast.

Adidas Sells Rockport Business

Berkshire Partners and New Balance formed a new entity and paid $280 million.

Jimmy Choo Sales Rise 6.2% in 2014

Men’s wear, Asia singled out as fastest growing divisions.

Richemont and Swatch Group Hike Prices

The world’s two leading watch groups have raised their prices in the aftermath of a surge in the Swiss franc.