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Benjamin Beaufils joins the watch company from another LVMH-owned brand.
The company also confirmed reports of layoffs that first surfaced in late July.
The Swatch Group-owned brand is the official timekeeper of the 2020 Olympic Games in Tokyo.
The first major exhibition of sculptures from Cuban-born, 104-year-old Carmen Herrera is on display in New York’s City Hall Park through November.
The watch company expects an uptick in the second half of the year due in part to its crackdown on gray market sales.
Smartwatches are a holiday favorite, but consumers still value traditional timepieces, said watches and luxury analyst Reginald Brack.
It will match up to $10,000 of donations made via the campaign through June 28.
Located in Zurich’s Jelmoli department store, the bistro bar boutique serves wine, coffee and food in addition to selling watches.
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Fine Jewelry Industry News

Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.