Bloomberg Nautica, the apparel line known for its ’90s-era panache, is looking for a new owner to steer the ship. VF Corp., the clothing giant that also owns North Face, Vans and Wrangler, announced that it was scrapping Nautica from its portfolio. The company reclassified the business as “discontinued operations” last quarter, though it hopes to find a buyer for ...

Bloomberg Swiss watch exports kicked off 2018 with the strongest growth in more than five years, buoyed by strong demand for high-end timepieces in Asia and a later Chinese New Year. Shipments rose 13 percent to 1.6 billion francs ($1.7 billion) in January, the Federation of the Swiss Watch Industry said. That’s the biggest jump since October 2012 and the ...

Bloomberg Asia’s icy winter just spawned Europe’s strongest jet fuel market in over three years. The fuel’s premium to diesel, the most-watched measure of market strength, jumped to $2.59 a barrel in Europe, the highest since December 2014. Freezing weather in Asia is drawing cargoes of kerosene, which is almost identical to jet fuel, from Middle East refineries that were ...