v3.26.1
REVENUE
6 Months Ended
Jul. 04, 2026
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 4, 2026
AmericasEuropeAsiaCorporate Total
Product type
Watches:
     Traditional watches$82,248 $44,496 $49,002 $— $175,746 
     Smartwatches1,226 57 105 — 1,388 
Total watches$83,474 $44,553 $49,107 $— $177,134 
Leathers7,224 1,370 3,085 — 11,679 
Jewelry4,589 8,528 4,103 — 17,220 
Other1,419 1,353 541 342 3,655 
Consolidated$96,706 $55,804 $56,836 $342 $209,688 
Timing of revenue recognition
Revenue recognized at a point in time $96,701 $55,797 $56,823 $342 $209,663 
Revenue recognized over time 13 — 25 
Consolidated$96,706 $55,804 $56,836 $342 $209,688 

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 26 Weeks Ended July 4, 2026
AmericasEuropeAsiaCorporate Total
Product type
Watches:
      Traditional watches$166,218 $102,121 $96,138 $— $364,477 
      Smartwatches2,836 (37)319 — 3,118 
Total watches$169,054 $102,084 $96,457 $— $367,595 
Leathers13,216 2,966 6,138 — 22,320 
Jewelry8,381 19,841 9,139 — 37,361 
Other2,829 2,420 1,125 799 7,173 
Consolidated$193,480 $127,311 $112,859 $799 $434,449 
Timing of revenue recognition
Revenue recognized at a point in time $193,466 $127,291 $112,833 $799 $434,389 
Revenue recognized over time 14 20 26 — 60 
Consolidated$193,480 $127,311 $112,859 $799 $434,449 
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 
Contract Balances. As of July 4, 2026, the Company had no material contract assets on the Company's condensed consolidated balance sheets and no deferred contract costs. The Company had (i) no contract liabilities as of July 4, 2026 and January 3, 2026 related to remaining performance obligations on licensing income, (ii) $0.1 million and $0.1 million as of July 4, 2026 and January 3, 2026, respectively, primarily related to remaining performance obligations on wearable technology products and (iii) $1.3 million and $1.7 million as of July 4, 2026 and January 3, 2026, respectively, related to gift cards issued.