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August 14, 2018

Bucherer USA acquires jewellery retailer Baron & Leeds

Tourneau’s parent company Bucherer USA has acquired fine watches and jewellery retailer Baron & Leeds, for an undisclosed sum.

Tourneau’s parent company Bucherer USA has acquired fine watches and jewellery retailer Baron & Leeds, for an undisclosed sum.

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Walmart: Going Beyond Company Disclosures

Walmart has rounded out its fiscal year with a strong set of numbers that show it has taken supply chain disruption, rising costs, heavy inflation, and various other problems in its stride. There is comfortable growth on both the top and bottom lines, which is extremely respectable given tough prior year comparatives. Walmart hiring is slowing down as compared to hiring in the months of April and March in 2022. Walmart posted close to 40,000 vacancies in March and 30,000 in April, which has gone below 10,000 in June 2022. Walmart Company Filings has most of the mentions related to the ESG and COVID-19 themes in 2021. ESG has more than 300 mentions in the company’s 2021 filings which indicates the rising focus on ESG-related issues. Our report on Walmart: Going Beyond Company Disclosures, demonstrates GlobalData Explorer’s ability to:  
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Baron & Leeds was founded in 2002 and serves as a shopping destination for fine timepieces and jewellery.

Tourneau CEO Ira Melnitsky said: “The acquisition of one of the country’s leading retailers of fine watches and jewellery represents an important step forward in the continued growth of Tourneau.

“We are proud to be able to expand our customer relationships in both California and Hawaii. Baron & Leeds has always shared our passion for exceptional products and unparalleled customer service and we are excited to welcome all of their employees to our team.”

Two Rolex boutiques located at South Coast Plaza in California and International Market Place in Honolulu are currently operated by Baron & Leeds.

The company owns and operates two stores located in Maui at Whalers Village in Lahaina, and at The Shops at Wailea.

Bucherer Group CEO Guido Zumbühl said: “We take great pride in partnering with companies who complement and align with our quest for perfection, warm hospitality, and constantly aspire to delight customers with fascinating brands and products.

“Baron & Leeds meets all of these criteria and we are excited to welcome them to the Bucherer family.”

“Baron & Leeds meets all of these criteria and we are excited to welcome them to the Bucherer family.”

In January, Bucherer announced the acquisition of US luxury watch retailer Tourneau, which has 24 stores across the US.

Present at 35 exclusive locations in Europe, Bucherer has 15 stores in Switzerland, 11 branches in Germany, a flagship boutique in Vienna, a watch and jewellery store in Paris, and a store in Copenhagen, Denmark.

The brand also has four boutiques in London since last year.

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Walmart: Going Beyond Company Disclosures

Walmart has rounded out its fiscal year with a strong set of numbers that show it has taken supply chain disruption, rising costs, heavy inflation, and various other problems in its stride. There is comfortable growth on both the top and bottom lines, which is extremely respectable given tough prior year comparatives. Walmart hiring is slowing down as compared to hiring in the months of April and March in 2022. Walmart posted close to 40,000 vacancies in March and 30,000 in April, which has gone below 10,000 in June 2022. Walmart Company Filings has most of the mentions related to the ESG and COVID-19 themes in 2021. ESG has more than 300 mentions in the company’s 2021 filings which indicates the rising focus on ESG-related issues. Our report on Walmart: Going Beyond Company Disclosures, demonstrates GlobalData Explorer’s ability to:  
  • Track and monitor a company’s movements through alternative indicators to gain insights into the strategy before it is disclosed by the company
  • Gain insight into a company’s capital deployment strategy, by assessing historical deal volumes and specific transactions executed by the company, in addition to identifying sectors of focus
  • Go beyond basic financial information, to access key industry-relevant indicators for a company and how these have progressed over time
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.