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Nick Hayek, swatch, swatch group, sales growth, financial

Swatch Group Sees Growth in 2012

The world’s biggest watchmaker expects sales to increase in “the upper level of single digits,” chief executive officer Nick Hayek said Thursday.

Luxottica Profits, Sales Climb

Lifted by retail and wholesale sales globally, the Italian eyewear firm registered net profits of 452.3 million euros, or $628.7 million.

Yak Pak Headed to the Auction Block

Wells Fargo listed as secured creditor and auction sponsor.

Holiday Season Lifts Zale Profits

New merchandising initiatives and marketing programs help jeweler.

puma, profits, net, puma se, PPR, franz koch, earnings, Q4, fourth quarter,

Puma Earnings Surge in 4th Qtr.

Activewear firm says 2011 sales crossed the 3-billion euro threshold.

Claire’s Stores to Offer Senior Notes

Net proceeds from the proposed offering, due 2019, is expected to be used to pay down debt in connection with the firm’s credit facility.

Hermès Q4 Earnings, hermes international, earnings, fourth quarter earnings, Q4, birkin, production, demand,

Keeping Up With Demand Key for Hermès in 2012

The French luxury brand beat its sales target in 2011 on the back of a better-than-expected performance during the crucial year-end holiday season.

Accessories, Men's Wear Propel Luxe Spending

Industry executives predict more of the same in 2012.

Omega, Breguet, Blancpain, Swatch, watchmaker, jewelry, profit, earnings,

Swatch Posts 18.1% Rise in Profit for Year

Momentum continued in January with double-digit growth in the watches and jewelry segment.

Stuart Weitzman, accessories, shoes, handbags, SW1, collection, fall, launch,

Stuart Weitzman Launches New Line

He is breaking into the designer price tier with a new accessories collection called SW1 that is rolling out at retail for fall.

Randa in Deal to Acquire Swank for $57M

Acquisition creates an accessories powerhouse with more than $600 million in annual sales.

Swiss Watch Exports Rise 19.2% in 2011

Hong Kong was the biggest market in value terms, with sales up 28.3 percent for the year, reflecting the dynamism of its reexports to neighboring countries.

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