Tiffany & Co., the jewelry store with the signature blue box and highly sought-after gifts, opened its 80th store Friday morning in Towson Town Center’s luxury wing.
Paramus-based watchmaker Movado’s decision to close its retail boutiques caused its second-quarter net loss to widen to $19.8 million, or 80 cents a share, from $200,000, or 1 cent a share, in the same period last year.
Watch maker Movado Group Inc reported a wider-than-expected quarterly loss, hurt mainly by higher expenses and lower gross margins due to a shift in channel and product mix.