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Financial-Legal
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Mar 25, 2013
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Jeff Miller
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Watches
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Mar 18, 2013
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Jeff Miller
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Swiss Watch Federation to Resign Economiesuisse
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The Federation of the Swiss Watch Industry (FH) voted to resign from economiesuisse, or the Swiss Business Federation, at the end of 2013. FH's board expressed its discontent with economiesuisse's performance in strengthening the protection of Swiss-made...
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Watches
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Mar 05, 2013
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Jeff Miller
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Titan's 3Q Sales +23%, Profit +24%
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India's Titan Industries, which owns the Tanishq brand, reported that sales rose 23 percent year on year to $556 million (INR 29.83 billion) in the third fiscal quarter that ended on December 31, driven by growth...
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Retail
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Jan 30, 2013
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Dilipp S Nag
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Titan's Shares Rally Following Release of 2Q Results
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Shares of Titan Industries Ltd., which owns the Tanishq brand, rose as much as 11 percent to a 52-week high of INR 286.90 per share today on the Bombay Stock Exchange (BSE). The rally came after the company...
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Retail
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Nov 01, 2012
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Dilipp S Nag
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Titan's 2Q Sales +10%, Profit +21%
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Titan Industries, which owns the Tanishq brand, reported that net sales rose 10 percent year on year to $416.8 million (INR 22.58 billion) in the second fiscal quarter that ended on September 30, with growth...
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Retail
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Oct 31, 2012
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Dilipp S Nag
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TimeCrafters Exhibit Opens Sept. 14 in New York
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TimeCrafters Luxury Watch Exhibition will be open to the public on September 14 and 15 at the Park Avenue Armory in Manhattan. Several exhibitions will take place within the TimeCrafters show, including the display of iconic pieces from...
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Watches
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Sep 10, 2012
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Jeff Miller
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Manufacturing
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Jul 13, 2012
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Jeff Miller
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ASSOCHAM Says Indian Watch Market to Grow at 15%
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India’s watch market is expected to grow at 15 percent every year to around $2.70 billion (INR 150 billion) by 2020 driven by young consumers, the emergence of a strong middle class and a larger number of high-net-worth individuals, according to the...
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Retail
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Jun 13, 2012
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Dilipp S Nag
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Bernheim Brothers Create 88 Rue Du Rhone Watch Brand
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Elie and Pierre Bernheim, grandsons of watchmaker Raymond Weil, are embarking on a new venture with their launch of Swiss watch brand, 88 Rue du Rhone for men and women. The classic, yet aesthetically contemporary designs...
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Watches
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May 16, 2012
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Jeff Miller
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Antique Jewelry & Watch Show Generates Excitement in Chicago
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U.S. Antique Shows reported strong attendance at this year's Chicago Antique Jewelry & Watch Show, the company's first in that city, which took place on April 20 through 22 at the Sheraton Chicago Hotel & Towers. Andrea Canady, the company's fair director, said they were overwhelmed...
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Marketing
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May 04, 2012
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Jeff Miller
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U.S. Online Video Audience Tops 181M
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Digital matrix firm comScore Inc. reported that the number of U.S. Internet users who watched online video in March rose 3.8 percent year on year to 181 million. On average, the number of hours Internet viewers...
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Marketing
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Apr 19, 2012
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Ricci Dipshan
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Titan to Acquire Swiss Watch Brand Favre Leuba
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Titan Industries Ltd., a lifestyle and jewelry company owned by Tata Group, agreed to acquire Swiss watch brand Favre Leuba for up to $2.7 million (EUR 2 million) to expand its product portfolio.Titan said on Wednesday it has signed...
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Retail
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Nov 16, 2011
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Dilipp S Nag
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ShopNBC Notes 12% Drop in Watch Sales for Q3
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ValueVision Media, the multichannel retailer operating as ShopNBC (www.shopnbc.com) Inc, anticipates third quarter net sales of $135 million representing growth of approximately 2 percent year-on-year. Sales of watches missed expectations and fell 12 percent year on year,...
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Watches
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Nov 03, 2011
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Ricci Dipshan
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Watch, Jewelry Sales +30% for LVMH in 1H11
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LVMH reported its first fiscal half results and sales for the watches and jewelry segment improved 30 percent year on year to $835 million (EUR 576 million), showing the strongest performance of any business...
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Retail
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Jul 26, 2011
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Jeff Miller
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