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SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 28, 2024

Segment Reporting [Abstract]

Schedule of Information by Operating Segment

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

			For the 13 Weeks Ended September 28, 2024												For the 13 Weeks Ended September 30, 2023
			Net Sales						Operating Income (Loss)						Net Sales						Operating Income (Loss)
Americas			$	121,333					$	21,926					$	152,609					$	25,818
Europe			97,053						23,359						107,666						13,290
Asia			68,978						16,376						83,053						15,951
Corporate			455						(86,121)						793						(101,454)
Consolidated			$	287,819					$	(24,460)					$	344,121					$	(46,395)

			For the 39 Weeks Ended September 28, 2024												For the 39 Weeks Ended September 30, 2023
			Net Sales						Operating Income (Loss)						Net Sales						Operating Income (Loss)
Americas			$	350,935					$	45,284					$	437,191					$	61,817
Europe			250,625						40,711						301,618						19,572
Asia			199,713						28,202						247,312						30,555
Corporate			1,420						(201,866)						5,002						(230,960)
Consolidated			$	802,693					$	(87,669)					$	991,123					$	(119,016)

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 September 28, 2024												For the 13 Weeks Ended September 30, 2023
			Net Sales						Percentage of Total						Net Sales						Percentage of Total
Watches:
Traditional watches			$	223,248					77.6		%				$	252,683					73.4		%
Smartwatches			3,968						1.4						17,313						5.0
Total watches			$	227,216					79.0		%				$	269,996					78.4		%
Leathers			23,946						8.3						33,009						9.6
Jewelry			31,459						10.9						34,617						10.1
Other			5,198						1.8						6,499						1.9
Total			$	287,819					100.0		%				$	344,121					100.0		%

			For the 39 Weeks Ended September 28, 2024												For the 39 Weeks Ended September 30, 2023
			Net Sales						Percentage of Total						Net Sales						Percentage of Total
Watches:
Traditional watches			$	603,897					75.2		%				$	714,212					72.1		%
Smartwatches			21,237						2.6						59,492						6.0
Total watches			625,134						77.8		%				$	773,704					78.1		%
Leathers			78,695						9.8						106,594						10.8
Jewelry			81,922						10.2						91,020						9.2
Other			16,942						2.2						19,805						1.9
Total			$	802,693					100.0		%				$	991,123					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.

+ References

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- Definition

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.

+ References

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