Financial

Accessories

Financial

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.

Swatch Group Loses Cases Against UBS

Firm is facing at least 800,000 Swiss francs in legal costs after Switzerland’s highest court on Thursday threw out its final appeal.

Coach, Stuart Weitzman, Sycamore Partners, sale, acquisition, Advent, Brown Shoe Co, footwear,

Coach Nearing Deal to Acquire Stuart Weitzman

The U.S. accessories giant is within a day or two of finalizing the acquisition of the footwear brand from Sycamore Partners.

Gold Expected to Drive Margins in 2015-16

With the dollar rising and the price of oil falling, gold is losing its value, meaning that jewelers can expect to pay less for the precious metal.

Advent International, Stuart Weitzman, Brown Shoe Co., Coach, bidding, acquisition, sale

Advent Bids for Stuart Weitzman

The private equity firm is said to join Brown Shoe Co. Inc. and Coach Inc. in the latest round of bidding.

New York City Police Department, Homeland Security, Queens, counterfeit, Operation Treasure Hunt,

NYPD Nabs $2.2M in Counterfeit Goods

Fifty NYPD and U.S. Homeland Security officials swept into a Queens storage facility to seize the counterfeit goods.

Roberta di Camerino Under New Ownership

Chinese private equity fund United Trademarks Group Ltd. (UTG) has acquired a majority stake in the Venetian brand.

Glenn Rothman, Chow Tai Fook, Hearts on Fire, Olivia Palermo, Shanghai, China

Chow Tai Fook Cites Improving Business Trends

The jewelry giant said the impact of Chinese austerity measures has peaked and sales in Hong Kong are starting recover as protests die down.



Tiffany Shares Rise on Strong Q3 Sales

Investors looked past weakness in Japan and disruptions in Hong Kong to focus in on the Americas, where sales in the period were up 10 percent.

Swiss Watch Exports Rise 5.2% in October

Gold and bimetallic watches contributed to the monthly gain, according to the Federation of the Swiss Watch Industry.

Skye Associates Takes Stake in Butter Shoes

Lee Reich, a partner in Butter Shoes, retains an interest in the company and heads up sales and manufacturing for the footwear brand.

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