XML 20 R8.htm IDEA: XBRL DOCUMENT v3.25.2
REVENUE
 6 Months Ended
Jul. 05, 2025
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
Disaggregation of Revenue. The Company's revenue disaggregated by major product category and timing of revenue recognition was as follows (in thousands):
For the 13 Weeks Ended July 5, 2025
AmericasEuropeAsiaCorporate Total
Product type
Watches:
     Traditional watches$77,183 $52,630 $48,633 $— $178,446 
     Smartwatches1,716 159 (475)— 1,400 
Total watches$78,899 $52,789 $48,158 $— $179,846 
Leathers10,727 2,110 4,110 — 16,947 
Jewelry4,456 10,425 4,509 — 19,390 
Other1,669 1,845 638 53 4,205 
Consolidated$95,751 $67,169 $57,415 $53 $220,388 
Timing of revenue recognition
Revenue recognized at a point in time $95,703 $67,092 $57,357 $53 $220,205 
Revenue recognized over time 48 77 58 — 183 
Consolidated$95,751 $67,169 $57,415 $53 $220,388 

For the 13 Weeks Ended June 29, 2024
AmericasEuropeAsiaCorporate Total
Product type
Watches:
      Traditional watches$87,945 $55,624 $50,519 $— $194,088 
      Smartwatches5,526 538 2,328 — 8,392 
Total watches$93,471 $56,162 $52,847 $— $202,480 
Leathers18,151 3,738 5,277 — 27,166 
Jewelry5,526 12,211 6,462 — 24,199 
Other2,436 2,741 613 356 6,146 
Consolidated$119,584 $74,852 $65,199 $356 $259,991 
Timing of revenue recognition
Revenue recognized at a point in time $119,484 $74,703 $65,087 $356 $259,630 
Revenue recognized over time 100 149 112 — 361 
Consolidated$119,584 $74,852 $65,199 $356 $259,991 
For the 27 Weeks Ended July 5, 2025
AmericasEuropeAsiaCorporate Total
Product type
Watches:
      Traditional watches$155,178 $112,823 $95,075 $— $363,076 
      Smartwatches4,655 992 (201)— 5,446 
Total watches$159,833 $113,815 $94,874 $— $368,522 
Leathers20,469 4,336 9,322 — 34,127 
Jewelry9,808 22,628 9,216 — 41,652 
Other3,370 3,723 1,348 939 9,380 
Consolidated$193,480 $144,502 $114,760 $939 $453,681 
Timing of revenue recognition
Revenue recognized at a point in time $193,372 $144,340 $114,626 $939 $453,277 
Revenue recognized over time 108 162 134 — 404 
Consolidated$193,480 $144,502 $114,760 $939 $453,681 
For the 26 Weeks Ended June 29, 2024
AmericasEuropeAsiaCorporate Total
Product type
Watches:
      Traditional watches$166,650 $112,757 $101,242 $— $380,649 
      Smartwatches10,680 2,099 4,490 — 17,269 
Total watches$177,330 $114,856 $105,732 $— $397,918 
Leathers35,670 8,143 10,936 — 54,749 
Jewelry12,146 25,689 12,628 — 50,463 
Other4,455 4,884 1,440 965 11,744 
Consolidated$229,601 $153,572 $130,736 $965 $514,874 
Timing of revenue recognition
Revenue recognized at a point in time $229,393 $153,263 $130,511 $965 $514,132 
Revenue recognized over time 208 309 225 — 742 
Consolidated$229,601 $153,572 $130,736 $965 $514,874 
Contract Balances. As of July 5, 2025, the Company had no material contract assets on the Company's condensed consolidated balance sheets and no deferred contract costs. The Company had contract liabilities of $0.4 million and $0.7 million as of July 5, 2025 and December 28, 2024, respectively, primarily related to remaining performance obligations on wearable technology products and $1.7 million and $2.1 million as of July 5, 2025 and December 28, 2024, respectively, related to gift cards issued.