26 STATE OF THE MAJORS 2026 11. BUCHERER GROUP* LANGENSANDSTRASSE 27, LUZERN LU 6005, SWITZERLAND +41 41 369 70 00 TYPE OF COMPANY:...............................................Specialty Retail Chain 2025 JEWELRY AND WATCH SALES:.................................. $892 million PREVIOUS YEAR’S SALES:................................................$886.6 million NO. OF LOCATIONS THAT SELL JEWELRY AND WATCHES:.............32 KEY EXECUTIVES: Guido Zumbühl, CEO; Nicholas Brunschwig, President; Jean-Frederic Dufour, Vice President; Patrick Marc Graf, Chief Commercial Officer; Kilian Müller, Chief Sales Officer, Bucherer Group and President and CEO, Bucherer USA; Michael Chapman, SVP, Retail Operations and Service, Bucherer USA KEY BRANDS: Jewelry: Bucherer Fine Jewellery, Chanel, Messika, Rahaminov, Roberto Coin, Serafino Consoli. Watches: Armin Strom, Baume & Mercier, Bell & Ross, Blancpain, Breguet, Breitling, Cartier, Chanel, Chopard, Czapek, Franck Muller, Girard-Perregaux, Glashütte Original, Grand Seiko, H. Moser & Cie., Hamilton, Hautlence, Hublot, IWC Schaffhausen, Jacob & Co., Jaeger-LeCoultre, Lobner, Longines, Nomos, Norqain, Omega, Oris, Panerai, Patek Philippe, Ressence, Rolex, TAG Heuer, Tissot, Tudor, Ulysse Nardin. WEBSITE: Bucherer.com, Tourneau.com *Bucherer is owned by the Rolex Group. 12. MULTIMEDIA COMMERCE GROUP INC.* 9600 PARKSIDE DRIVE, KNOXVILLE TN 37922 865-692-6000 TYPE OF COMPANY:.................................................... TV/Online Retailer FISCAL YEAR ENDING DATE:.................................................End of June 2025 JEWELRY AND WATCH SALES:...............................$711.3 million PREVIOUS YEAR’S SALES:................................................$707.8 million NO. OF LOCATIONS THAT SELL JEWELRY AND WATCHES:...............1 KEY EXECUTIVES: Bart Sichel, President; Kris Kulesza, Chief Merchandising Officer; Chris Meystrik, Chief Technology Officer; Donna Burns, Chief Service Officer; Chip Smith, Chief Marketing Officer; Craig Shields, Chief Digital Officer KEY BRANDS: Jewelry: Bella Luce, Charles Winston for Bella Luce Jewelry, Judith Ripka, Moda al Massimo, Prazana Lab-Grown Diamonds, Timna, Vanna K for Bella Luce. WEBSITE: JTV.com *Multimedia Commerce Group, Inc. is the parent company of Jewelry Television, JTV.com, GemStore by Jewelry Television (JTV’s only standalone retail store), and JTV Gold Exchange. 13. SAKS GLOBAL* 225 LIBERTY ST., FLOOR 31, NEW YORK NY 10281 877-551-7257 TYPE OF COMPANY:..................................................... Department Store FISCAL YEAR ENDING DATE:............................. Beginning of February 2025 JEWELRY AND WATCH SALES:...............................$658.4 million PREVIOUS YEAR’S SALES:................................................$650.6 million NO. OF LOCATIONS THAT SELL JEWELRY AND WATCHES:.............58 KEY EXECUTIVES: Geoffroy van Raemdonck, CEO; Brandy Richardson, CFO; Darcy Penick, President, Chief Commercial Officer; Lana Todorovich, Chief of Global Brand Partnerships, Kim Miller, Chief Customer Officer; Cheryl Han, Chief Marketing & Digital Officer; Tracy Margolies, President, Bergdorf Goodman KEY BRANDS: Jewelry: Armenta, Boucheron, Bulgari, Chopard, David Yurman, De Beers Jewellery, Dinh Van, Foundrae, Gabriel & Co., Gucci, Ippolita, John Hardy, Marco Bicego, Mikimoto, Monica Rich Kosann, Paul Morelli, Pomellato, Roberto Coin, Sydney Evan, Temple St. Clair, Verdura, Vhernier. Watches: Breguet, Bulgari, Chanel, Chopard, Fendi, Ferragamo, Franck Muller, Gucci, Hermès, Michele, Piaget, Shinola, Versace, Zodiac. WEBSITE: SaksGlobal.com *Saks Global declared bankruptcy in January 2026. The company is restructuring under Chapter 11, not liquidating, with plans to keep the main luxury stores Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman open. Saks Global is in the process of closing stores. 14. TARGET CORP. 1000 NICOLLET MALL, MINNEAPOLIS MN 55403 612-304-6073 TYPE OF COMPANY:..................................................... Department Store FISCAL YEAR ENDING DATE:........................................... End of January 2025 JEWELRY AND WATCH SALES:...............................$535.1 million PREVIOUS YEAR’S SALES:................................................... $561 million NO. OF LOCATIONS THAT SELL JEWELRY AND WATCHES:.......1,995 KEY EXECUTIVES: Michael Fiddelke, CEO; Jim Lee, EVP and CFO; Lisa Roath, COO; Prat Vemana, EVP and Chief Information and Product Officer; Melissa Kremer, EVP and Chief Human Resources Officer; Cara Sylvester, Chief Merchandising Officer KEY BRANDS: Jewelry: A New Day, Created Forever Lab-Grown Diamonds, Universal Thread. Watches: A New Day, Apple, Bulova, Caravelle, Casio, Citizen, Olivia Pratt, Timex. WEBSITE: Target.com Continued on page 28 $100M SUPERSELLERS
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