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

Maurice de Mauriac Watch Straps 2012
Daniel Dreifuss of Maurice de Mauriac in Zurich is as wild about straps as he is watches. Sometimes maybe even MORE excited. The boutique brand's founder is perpetually in search of exciting new straps, strap makers, and materials. This is a labor of love that has him looking for the finest ways to attach his watches to your wrist.I sat with Daniel recently to check out some of his 2012 creations and styles. Maurice de Mauriac is more about custom creations than it is about buying off-the-shelf designs. If you recall in my past discussions of the brand, Maurice de Mauriac wants buying one of their watches to be a bit like playing with LEGOs.Much of the straps you see are custom made or designed for Maurice de Mauriac. These are just a small selection of the many straps he is constantly offering. Lately, Daniel has been keenly interested in straps made from fine leather (such as Hermes), as well as woven leather style straps.The woven leather straps he has had custom made are supple, ri

Bid On Impressive Watch Collection Seized From Ponzi Scheme Villain
You've probably been seeing this picture a lot as infamous ponzi scheme wiseguy Scott Rothstein's massive watch collection goes up for auction this week. Let me tell you right away that if you want to bid, it needs to be right now. Sorry for the late notice, but according to the official documents, all bids need to be in by July 12th (see the link below for more info).Scott Rothstein might have been the worst type of smile in his business practices, but he was a rather accomplished watch collector. In contrast to all the other random expensive crap he had (like a gold toilet seat), his watch collections shows a true amount of time and dedication. In addition to standard fare like a bunch of Rolex and Franck Muller pieces, Scott had more exotic items such as Gerald Genta, Pierre Kunz, Jorg Hysek, Daniel Roth, BRM, and more.The collection includes both high-end and very high-end models, as well as men's and women's pieces. I think you'll be pleasantly surprised at the range of piece in t

Arrival!
The other day I asked for some opinions on whether I should let 2 Rolexes go and pick up my first AP. I had already made my mind up bur just needed some reassurance from you enablers out there that I wouldn't regret my decision. Just picked this up from FedEx a little while ago. I must be having some beginner's AP luck too since I was able to track down the much sought after bracelet over the weekend.

Changing the time while stopwatch running
Hello,I've recently bought an Omega Speedmaster 57' (with the 9300 coaxial movement) and i would like to use the chrono dial as a second time zone.would i harm the watch if i started the chronograph and then set the time 2 hours back (while the chrono is still running) ?Thanks !