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SEGMENT INFORMATION (Tables)

6 Months Ended

Jul. 01, 2023

Segment Reporting [Abstract]

Schedule of Information by Operating Segment

Summary information by operating segment was as follows (in thousands):

			For the 13 Weeks Ended July 1, 2023												For the 13 Weeks Ended July 2, 2022
			Net Sales						Operating Income (Loss)						Net Sales						Operating Income (Loss)
Americas			$	146,651					$	23,444					$	168,272					$	30,653
Europe			88,279						(688)						107,891						14,846
Asia			84,123						7,404						92,582						12,351
Corporate			2,913						(65,473)						2,423						(68,786)
Consolidated			$	321,966					$	(35,313)					$	371,168					$	(10,936)

			For the 26 Weeks Ended July 1, 2023												For the 26 Weeks Ended July 2, 2022
			Net Sales						Operating Income (Loss)						Net Sales						Operating Income (Loss)
Americas			$	284,583					$	36,000					$	330,199					$	54,563
Europe			193,952						6,282						232,442						34,414
Asia			164,259						14,604						179,350						21,291
Corporate			4,208						(129,507)						5,030						(135,487)
Consolidated			$	647,002					$	(72,621)					$	747,021					$	(25,219)

Schedule of Net Sales for each Class of Similar Products

The following table reflects net sales for each class of similar products in the periods presented (in thousands, except percentage data):

			For the 13 Weeks Ended July 1, 2023												For the 13 Weeks Ended July 2, 2022
			Net Sales						Percentage of Total						Net Sales						Percentage of Total
Watches:
Traditional watches			$	236,102					73.4		%				$	258,696					69.7		%
Smartwatches			17,779						5.5						33,421						9.0
Total watches			$	253,881					78.9		%				$	292,117					78.7		%
Leathers			33,322						10.3						35,947						9.7
Jewelry			27,358						8.5						33,930						9.1
Other			7,405						2.3						9,174						2.5
Total			$	321,966					100.0		%				$	371,168					100.0		%

			For the 26 Weeks Ended July 1, 2023									For the 26 Weeks Ended July 2, 2022
			Net Sales			Percentage of Total						Net Sales						Percentage of Total
Watches:
Traditional watches			$	461,528		71.3		%				$	520,122					69.6		%
Smartwatches			42,179			6.5						71,406						9.6
Total watches			$	503,707		77.8		%				$	591,528					79.2		%
Leathers			73,585			11.4						70,132						9.4
Jewelry			56,402			8.7						68,626						9.2
Other			13,308			2.1						16,735						2.2
Total			$	647,002		100.0		%				$	747,021					100.0		%

X

- Definition

Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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