Core Viewpoint - Casio Computer Co., Ltd. has announced an ambassador partnership with professional skateboarder Yuto Horigome to enhance global awareness and user engagement for the G-SHOCK brand of shock-resistant watches [1]. Group 1: Partnership Details - The partnership aims to support Horigome and promote the G-SHOCK brand worldwide [1]. - Horigome has an impressive competitive record in skateboarding and has contributed significantly to skate culture through various content [2]. - The collaboration reflects a shared spirit of resilience and innovation between Horigome and the G-SHOCK brand [3]. Group 2: Promotional Activities - A special visual featuring typography by artist VERDY was created to commemorate the ambassador appointment [4]. - A promotional movie produced by THIRTY 3 MAGAZINE was released on Casio's official social media channels [4]. - Horigome and G-SHOCK will engage in initiatives to promote skate culture and reach audiences in Japan and globally [5]. Group 3: Horigome's Perspective - Horigome expressed excitement about the partnership and his commitment to supporting the next generation while taking on new challenges [5].

LONDON — Luxury giant Richemont has sold its Baume & Mercier watch brand to the Italian jeweler Damiani in a private transaction, the terms of which were not disclosed. Damiani’s luxury portfolio includes the Damiani, Salvini, Bliss and Calderoni jewelry brands, as well as Venini, the artistic glassmaker based in Murano. The Italian group also operates Rocca, the multibrand watch and jewelry distributor, and heritage watchmaker. More from WWD In a brief statement, Richemont said it believes that “Baume & ...

Market Trends - Watch sales are recovering after a post-Covid downturn [1] - New tariffs are impacting the watch industry [1] Consumer Behavior - The report explores watches favored by billionaires and celebrities [1]

Group 1 - The article does not provide any relevant content regarding company or industry insights [1]

Core Viewpoint - Movado Group, Inc. (MOV) was last analyzed in September of the previous year, maintaining a 'Hold' rating with shares trading at $18.48, which had recently fallen below a certain threshold [1] Group 1 - The company is recognized as a worldwide watch distributor [1] - The analysis emphasizes a strategy of investing in undervalued profitable stocks with strong balance sheets and minimal debt [1] - The investment approach includes writing calls against positions to generate additional income [1] Group 2 - Risk management strategies involve position sizing and the use of trailing stop losses over time [1]

Market Overview - The global watches market size was estimated at $66.38 billion in 2024 and is projected to reach $96.81 billion by 2033, growing at a CAGR of 4.3% from 2025 to 2033, driven by rising demand for premium and mid-range quartz and mechanical watches [2] - Another estimate indicates the global watch market will start at $85.33 billion in 2025, rise to $92.51 billion in 2026, and reach $191.24 billion by 2033, with a CAGR of 8.41% from 2025 to 2035 [3] Market Trends - Quartz and mechanical watches held 68.46% of total market share in 2024, indicating a strong demand for traditional craftsmanship [3] - By region, Asia Pacific held a market share of 49.14% in 2024, while the U.S. watch market is expected to see a CAGR of 4.2% from 2025 to 2033 [8] - Analog watches led the market with a revenue share of 91.69% in 2024, and men accounted for the largest revenue share of 76.05% in the same year [8] - Offline sales held the highest market share in 2024, reflecting consumer preferences for traditional retail channels [8] Company Insights - E. Gluck, which owns the Armitron and Torgoen brands, filed for Chapter 11 bankruptcy, citing a shift in consumer preferences away from traditional watches towards smartwatches and other devices [5][6] - Founded in 1956 by Eugen Gluck, the company has a notable history, having been established by a Holocaust survivor [6][7]

Core Insights - Insiders made significant purchases of Fossil Group stock in November, indicating confidence in the company's future despite a mixed earnings report [2][6] - The watch market remains weak but shows signs of recovery, with Fossil Group maintaining a strong brand image and operational improvements [3][4] - Debt restructuring has led to a credit upgrade and improved market confidence, positioning the company for growth [4][6] Company Performance - Fossil Group's revenue declines were less severe than anticipated, but margins were weaker due to tariffs and minimum royalties [2][3] - The company has achieved milestones in its transformation, including debt restructuring and balance sheet improvements [2][3] - Insider purchases totaled over $700,000, bringing total insider holdings to nearly 8% of the stock, reflecting increased confidence [6] Market Dynamics - The watch market is currently weak, but Fossil Group ranks highly among consumers and is expected to rebound as operational quality improves [3][4] - Institutional buying activity has been strong, with a net accumulation of stock at a rate of $3.60 per $1 sold, suggesting potential for a short-covering rally [7] - Short interest stands at 10.5%, which may contribute to volatility and a potential rally as shorts cover their positions [8]

Summary of Key Points from Conference Call on Swiss Watch Exports Industry Overview - The report focuses on the Swiss watch industry, specifically the export statistics for October 2025 released by the Federation of the Swiss Watch Industry [1][2]. Core Insights and Arguments - **Export Value Decline**: The value of Swiss watch exports decreased by 4% year-on-year (y-y) to CHF 2,242 million in October 2025. The value of watch exports specifically fell by 4% y-y to CHF 2,133 million, while export volume increased by 1% to 1.4 million units [1]. - **Regional Export Performance**: - Exports to the US dropped significantly by 47% y-y to CHF 224 million, attributed to a fallback from inventory stockpiling rather than a decline in underlying demand [1][2]. - Exports to Europe rose by 3% to CHF 726 million [1]. - Exports to China (including Hong Kong) increased by 8% to CHF 354 million, indicating signs of recovery in the Chinese market [1][2]. - Exports to Japan decreased by 6% to CHF 180 million, while exports to other regions rose by 8% to CHF 758 million [1]. - **US Tariff Impact**: The US and Switzerland announced a potential reduction of the US tariff on Swiss imports to 15%. However, this is not expected to significantly alter pricing strategies in the near term, as Swiss watchmakers still have existing inventories from before the tariff imposition [3]. - **Inbound Sales Trends**: Concerns were raised regarding the impact of the Chinese government's travel advisory for Japan on inbound sales. However, the rise in sales to Western visitors has lessened the importance of Chinese visitors. Inbound sales accounted for 10-20% of watch sales in Japan for companies like Casio, Citizen Watch, and Seiko [4]. Additional Important Insights - **Stock Management**: Swatch Group reported an increase in US stock from six months to ten months of sales, indicating a strategic response to the inventory situation [2]. - **Sales Performance in China**: Richemont noted a marked improvement in total sales in China, Hong Kong, and Macau, with a 7% increase in Q2 [2]. - **Local Sales in China**: Local sales in China have also been affected, with Casio's sales weighting in China dropping sharply to around 7% from a peak of 23% [4]. This summary encapsulates the key points from the conference call regarding the Swiss watch industry, highlighting the challenges and opportunities faced by companies in this sector.

Market Trends - Wealthy Americans continue to purchase luxury Swiss watches despite price increases [1] - The price increases are attributed to US President Donald Trump's tariff war [1] Company Performance - Watches of Switzerland indicates ongoing sales despite tariffs [1]

Core Insights - Casio Computer Co., Ltd. has launched the GMW-BZ5000, a new full-metal model in the G-SHOCK 5000 line, featuring a high-definition memory-in-pixel (MIP) LCD for improved visibility [1][3] Product Features - The GMW-BZ5000 is the first full-metal G-SHOCK to utilize an MIP LCD, enhancing readability in direct sunlight and at various angles [3] - The MIP LCD allows users to switch between four different display layouts, offering options for date, day of the week, and dual city time [4] - The watch can be fully powered by solar energy and includes a time adjustment feature using standard radio wave reception and Bluetooth® connectivity [6] Design Innovation - The exterior design was collaboratively created by human designers and AI, focusing on achieving a more comfortable fit through advanced load simulations based on over 40 years of shock-resistance data [5] - The new structure features an interconnected bezel and center case, providing a more comfortable wrist fit and a unique three-dimensional contour appearance [5] Model Variants - The GMW-BZ5000 is available in multiple color options, including Silver (GMW-BZ5000D-1), Black (GMW-BZ5000BD-1), and Gold (GMW-BZ5000GD-9) [7]