American Apparel workers reported to the company’s Los Angeles factory Monday to pick up their final checks.
Gobbetti will join the company on Jan. 27, as executive chairman, Asia-Pacific and Middle East until July 4, when he will become ceo.
The ladies’ watch, which was discontinued in 2004, will be reintroduced at the SIHH trade fair in Geneva and go on sale in June.
The Swiss timepiece giant based in Lugano will now distribute top-tier product via the Madaluxe Group.
The watch lines will continue to function as separate brands but will now operate as one organization.
The watch brand introduced slimmer designs and new functionality as it continues to refine its Fossil Q wearables line in response to consumer feedback.
The ongoing collaboration between the California-based fine jewelry brand and provocative artist ticks along nicely, moving into gold watches by late 2017.
The new limited edition timepiece will hit Hublot stores in January.
Paolo Marai feels that it is now up to fashion, design and status to keep watches afloat.
Franck Dubarry has launched an eponymous collection of Swiss-made luxury watches.
Jean-Claude Biver, chief executive officer of Tag Heuer, said it will launch a ladies’ version of its Connected watch next year.
Switzerland’s competition regulator rejected its request to change an agreement governing its deliveries of components to other watchmakers.
Apple Watch maintained its smartwatch lead, but it is not immune to declines in the increasingly diverse global market.