All Entries in the "Business" Category
Louis Moinet Signs With New USA Distributor
Jean-Marie Schaller, CEO of Les Ateliers Louis Moinet, and Don FitzHenry, CEO of Milestone Distribution, have signed a new agreement under which Milestone will distribute Louis Moinet timepieces in the USA. The agreement reflects Louis Moinet’s commitment to strengthen its position in the US through this association with a trusted distributor. Milestone also distributes the Cuervo y Sobrinos and H. Moser brands in the US market.
Outrageous Meets Audacious: Yvan Arpa Joins Jacob & Co.
Former Romain Jerome CEO Yvan Arpa has joined New York-based Jacob & Co. as COO. During Arpa’s tenure at Romain Jerome, the brand produced some of the most provocative timepieces of the decade, including one made from pieces of the Titanic, another priced at $300,000 that did not tell the time, and the moon dust-laced “The Truth About Roswell”. Jacob & Co. is best known for large, colorful, jewel-encrusted watches often worn by celebrities and hip-hop stars.
Swiss Racing Driver Fredy Barth Joins Carl F. Bucherer as an Ambassador
2010 is proving to be a very successful season for Swiss racing driver Fredy Barth. Barth drives in the World Touring Car Championship. At age 16, Barth was told that he was too old to take up racing. Most promising young drivers have years of karting experience under their belts by that age. Fredy did not let the negative advice deter him. Then at age 18, he was diagnosed with lymph node cancer, and again he did not let bad news stand in his way.
Marvin Watches Launch in the USA This Fall
Swiss watch brand Marvin is launching a new collection in the United States. The 160 year old brand offers more than 110 styles of men’s and women’s watches for sale in the U.S. this fall. Retail price points range from $780 to $2,500 for watches with mechanical movements.
Cartier Opens New Store in the Forum Shops at Caesars
Cartier has opened a new, significantly larger store in The Forum Shops at Caesars in Las Vegas. The new boutique is located at the mall entrance in front of the Fountain of the Gods. To celebrate the opening, clients are invited to view The Cartier Precious Jewelry and Timepiece Collection in the new boutique through August 30. The collection includes more than 100 exceptional pieces which will be traveling throughout the country this year.
NAWCC Opens Sales Site to the Buying Public
The National Association of Watch & Clock Collectors (NAWCC) is allowing non-members to make purchases at its online home for auctions, trading, and classifieds. This means that buyers who are not NAWCC members can register to browse and buy, but not sell; selling still requires NAWCC membership. NAWCC is excited to showcase the quality merchandise available on the site.
Hautlence Coming to North America
Swiss luxury watch brand Hautlence has announced a new agreement under which New York-based Totally Worth It will distribute Hautlence timepieces in the U.S.A. and Canada. Launched in 2004 and based in Neuchâtel, Hautlence produces innovative and imaginative timepieces in small numbers. Totally Worth It distributes several niche brands in North America.
Oris Creates U.S. Subsidiary, Names V.J. Geronimo CEO
Oris SA has established a new U.S. and Caribbean subsidiary, Oris Watches USA, and named V.J. Geronimo as the chief executive officer. Effective September 1, the new subsidiary will take over U.S. distribution from Hawthorne, N.Y.-based Oris USA, Inc., headed by Mark Wasserman. Oris officials said the move reflects a decision to exercise greater control over distribution in the U.S. market.
RGM Updates Website and Adds Trade-in Program
RGM Watches has redesigned its website, making additional information available and easier to find. The site is also integrating its content with popular social networking sites Facebook, Twitter and YouTube, allowing fans to receive updates instantly. The site’s navigation is now upgraded, making it more consistent and intuitive.
Cartier Sues Online “Flash” Retailer HauteLook Over Watch Sales
Cartier has sued HauteLook, Inc. in federal court in Manhattan alleging the Los Angeles-based retailer falsely claims to offer new Cartier goods at deep discounts based on a special relationship with the brand. Cartier’s complaint states that it has no relationship with HauteLook, and that the retailer is selling secondhand Cartier watches and other goods as new.
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