Danny Toffel has developed the business into the TK Maxx of the watch business by focusing on overstocked off-price watches.
LEAD STORY
Rolex is the most trusted brand in the United Kingdom and globally, but Americans warm to Campbell Soup more.
Direct to consumer ecommerce by watch brands is also under fire as branded online stores fail to fire.
Secondary market platform's research says Aquanaut prices rose by 42% in the past 12 months while Rolex GMT Master prices rose by 34%.
Movado Group's UK general manager Steve Brydon reveals how the business has notched up 26 quarters of unbroken growth in the challenging sub-£500 watch market.
It was really the two world wars that robbed Britain of its historically leading role in watchmaking as industrial production shifted wholesale to Switzerland. But a passionate bunch of entrepreneurs is determined to keep designing, assembling and manufacturing watches here as Tom Mulraney discovered in pursuit of homegrown horological talent.
Stripping out new store growth, the company's turnover increased by 10.8%. There was no update on profits in the quarterly financial statement.
Available in-store and online from today, the collection has been edited specifically for the retailer.
The new Seiko 5 Sports collection, which goes on sale in September, aims to capture the same values but in a fresh new look designed to appeal to today's exploding market for all-day easy-wearing sports watches.
Swiss watchmaker is increasing production "drop-by-drop" but will never allow Patek Philippe to be pigeonholed as a steel sports watch brand.