Swatch Group watch, jewelry sales up 13.8 percent
Biel, Switzerland—Net income for the Swatch Group increased 33.7 percent in 2006 to $684.7 million, compared to approximately $512.3 million in 2005, the company announced today.
The company also saw an above-average increase in operating profit, up 32.4 percent in 2006 to $802.9 million, compared to $606.5 million in 2005.
The group’s core business, watches and jewelry, saw sales increase 13.8 percent in 2006.
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Loading ...Chopard celebrates Elton’s 60th with birthday billboard
New York—Loyal supporter of the Elton John AIDS Foundation since 1998, luxury jeweler Chopard has given the legendary performer a birthday card befitting his larger-than-life status.
Starting this week, the barricade outside the new Chopard International flagship boutique at 709 Madison Ave., scheduled to open this fall, will feature a “Happy Birthday” tribute to the celebrated musician and humanitarian.
Chopard designs and creates the EJAF chronograph watch collection in partnership with Sir Elton John and sells the watches in boutiques worldwide.
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Body Glove launches watch line
Redondo Beach, Calif.—Sports-brand Body Glove has partnered with Time Concepts to create a line of functional and performance-inspired watches for men and women.
In keeping with Body Glove’s core product—the wetsuit—all 24 of the timepieces in the collection function as dive watches, but they also exhibit an emphasis on style.
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