Movado Group Announces Results and Retail Boutique Closings
Movado Group, Inc. has announced its first quarter results. The company enjoyed top-line growth of 25%, though the bottom line did not fair as well, with an adjusted net loss of $4.8 million. The company also announced that it will close its retail boutique division effective June 30, 2010 in an effort to redirect investment toward higher return businesses. The move does not affect the company’s 31 outlet stores, nor will it affect the company’s flagship Movado Boutique in New York’s Rockefeller Center. Regarding the boutique closings, Rick Cote, President and Chief Operating Officer of Movado Group, Inc., said, “Following several years of unprofitability and a strategic review of the business, we have decided to close our retail boutique division. We believe that this action will assist Movado Group to return U.S. operations to profitability. We will continue to make strategic investments in our brands to capitalize on growth prospects, build market share and e

Audemars Piguet Watchmaking Class In Silicon Valley
The week after the official availability date of the Apple Watch, while many are trying to formulate an opinion after having tried or received the new smartwatch, Audemars Piguet, one of the few remaining family-owned, independent watchmaking giants held a master watchmaking class in the center of Silicon Valley, San Francisco.Having taken part in various watch industry events, I sort of knew to expect a first class glitzy affair, as luxury brands tend to offer to their precious clientele. What I did not expect, however, was the intimate level of attention to detail that was prepared for attendees of this event and the hands on, one-on-one activities we took part in during the entire four-hour event.Michael Friedman's vintage AP Royal Oak "Jumbo" A-series reference 5402STFirst off, it's important to understand that AP has held similar watchmaking events in various cities across the world. However, this was, to my knowledge, the first time it was being held in San Francisco or in the Si

I am saving for my next watch and the royal oak has my attention but have ?'s.
I have been saving up for my next watch and I was thinking a pp aquanaut but the more I see the royal oak the more it is growing on me..I currently have a date just , subc, and Tudor chrono.. I do have some questions , I really like the 15300 models and am seeing them on here for 10k range but also love the chrono white dial 2560st? I see that they Are 39mm and am wondering if they make the 36mm still?I have a skinny wrist mabee 6.5 inches and love there bracelet but am not sure how it would sit on my wrist, I don't want it to look silly as the 40mm subc is borderline for my skinny wrists.. I also see the date models have clear case back but the complications do not is this common?Can someone with skinny wrists post some wristshots of the 39mm and smaller ones if you have them ?Thank you.. Hopefully I will be one of you guys soon..

Quick Question about my Speedy
Is it bad to have the chrono second hand stopped at a position other than 0 (rest) for an extended period of time?I like to leave the second hand on 8 when I wear it but I am always resetting it to zero at the end of the day. I do this because I like to have an unobstructed view of the dial and because 8 is my lucky number.So is it putting unnecessary strain on the movement to leave the chrono stopped at a certain point with the brake engaged?Thanks in advance.

Adding a 5980/1A
I was thinking of trading my 5712r for a 5980/1a, but then decided to keep it due to the dial preference and the gold value, however I'm now leaning towards of buying the 59801/a intead of trading for it,Is it really worth getting it since I already have a nautilus? Btw a friend is selling his 5980/1a for 34k USD, 7 months old and 99% new which is really tempting, should I go for it?