Financial

Accessories News

Financial

Luxottica

Management Turmoil Doesn’t Slow Luxottica

North America drove record net profits and sales in 2014 for eyewear giant Luxottica Group SpA.

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.