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Jewelry 150
Alrosa Upbeat on 1Q Diamond Retail Market
Diamond-jewelry sales grew 7% in the main retail marketsduring the first quarter amid strong consumer sentiment and beneficial fluctuationsin exchange rates, according to Alrosa.Revenues increased 5% year on year in the US and Canada, thelargest consumer market,...
Retail Jun 24, 2018 Rapaport News
GemGeneve
GemGenève Show Wins Industry Hearts and Minds
Within 48hours of its Thursday opening, exhibitors were already hailing the GemGenève tradefair as a success.Words like “jolly,” “friendly” and “good vibe” peppered descriptions of the Geneva-based show, which welcomed 147 exhibitors spanning the...
Polished Markets May 13, 2018 Sonia Esther Soltani
Forevermark
Forevermark Targets Key European Markets
Forevermark ismaking a play for the European market, after achieving significant retail growth last year. The De Beers brand has signed an exclusive licensing deal with German jeweler Heinz Mayer to sell products in thekey...
Retail Mar 22, 2018 Rapaport News
GJEPC Predicts Strong Year for Jewelry 150
GJEPC Predicts Strong Year for Jewelry
India’s gem and jewelry exports will grow by adouble-digit percentage this year, Pramod Agrawal, the newly elected chairman ofthe Gem & Jewellery Export Promotion Council (GJEPC), predicted this week. The high...
Polished Markets Feb 13, 2018 David Brough
KP Names 2018 Chair 150
Hilde Hardeman Is New KP Chair
Hilde Hardeman will be the chair of the Kimberley Process for2018, the European Commission (EC) has confirmed.Hardeman is head of the EC’s Service for Foreign PolicyInstruments (FPI), which manages aspects of the European Union’s diplomacy....
Mining Jan 21, 2018 Rapaport News
Tiffany Holiday Sales Rise 8%
Tiffany Restores Growth in Strong Holiday Season
Tiffany & Co’s sales jumped 8% during the holidayseason amid a sharp improvement in US demand and a recovery in Asian markets,the luxury jeweler reported. Group sales grew to $1.05 billion during November andDecember, with comparable-store sales...
Retail Jan 17, 2018 Rapaport News
Swiss watches Rolex Breitling
Asia Keeps Swiss Watch Recovery on Track
Swiss watch exports grew in October as demand from key Asianmarkets continued its recent upward trend.Total shipments increased 9% year on year to $1.86 billion (CHF1.85 billion) for the month, according to data the Federation of the...
Watches Nov 21, 2017 Rapaport News
Pandora
Europe and Asia Drive Pandora Growth
Pandora Group’s sales jumped in the third quarter as stronggrowth in Europe and Asia outweighed weakness in the US.Revenue increased 13% to $809 million (DKK 5.19 billion) inthe three months ending September 30, the Denmark-based...
Retail Nov 08, 2017 Rapaport News
VicenzaOro 2017
VicenzaOro Signals Rise in Italian Jewelry Exports
Retailer trafficwas brisk at the September VicenzaOro, the last showcase of Italian gold andsilver jewelry before the festive season, with organizers reporting a rise inItalian precious jewelry exports.Italy’s exportsof precious jewelry increased 13%...
Polished Markets Sep 27, 2017 David Brough
Bulgari
Asia and Europe Boost LVMH Jewelry Sales
Revenue from jewelry and watches at LVMH Moët Hennessy LouisVuitton jumped 14% in the first half, supported by growth in the Bulgari brandand resurgent demand in Asia and Europe.Sales for the division grew to $2.16 billion...
Retail Jul 27, 2017 Rapaport News
Crown of Light Almod
‘Crown of Light’ Brand Hits $100M Milestone
Sales of “Crown of Light” diamonds exceeded $100 million in 2016, hitting the milestone 10 years after brand owner Almod Diamonds launched its manufacturing operations, the company reported Monday.The 90-facet patented cut is one of the...
Manufacturing Jun 20, 2017 Rapaport News
tiffany store
Weak US Spending Drags Down Tiffany Sales
Tiffany & Co’s share price slumped 9% Wednesdayafter the retailer reported a dip in same-store sales for the first fiscal quarter.The jeweler announced a 3% drop in comparable-storesales — a sum that doesn’t include revenue from recently opened...
Retail May 24, 2017 Rapaport News
Sarine Image
Manufacturing Upturn Boosts Sarine Sales
Sarine Technologies, which supplies equipment to diamond manufacturers,saw sales increase in the first quarter, reflecting improved sentiment in the cutting and polishing sector.Group revenue for the period grew 5% year on year to $16.3million, the Israel-based...
Technology May 15, 2017 Rapaport News
Kering Boucheron store
Kering Jewelry Sales Gain in 2016
Luxury group Kering reported a 2-percent rise in jewelry sales for 2016, attributing growth in its mid- and lower-range products.Revenue from Kering’s jewelry brands, which include Boucheron, Pomellato, Dodo and Qeelin, reached approximately...
Retail Feb 13, 2017 Rapaport News
bulgari lvmh
LVMH Growth Highlights High-End Resilience
LVMH Moët Hennessy Louis Vuitton reported jewelry and watchsales jumped in the fourth quarter, indicating luxury consumers shrugged off global economic uncertainty this holiday season.Revenue advanced 9 percent to $1.05 billion (EUR 982million)...
Retail Jan 29, 2017 Rapaport News
Sarin Galaxy XL
Sarine Profit Signals Manufacturing Recovery
Sarine Technologies said third-quarter sales bounced back from a year ago, reflecting animprovement across the industry.Revenue jumped 82 percent to $17.3 million in the threemonths that ended September 30, driving the company to a $4 million profitversus...
Technology Nov 27, 2016 Rapaport News
bulgari lvmh
LVMH Watch & Jewelry Sales Rise
LVMH Moët Hennessy Louis Vuitton reported revenue fromwatches and jewelry increased in the first nine months of the year as its iconicBulgari jewelry brand gained market share.Sales rose 3 percent to $2.74 billion (EUR 2.49...
Retail Oct 13, 2016 Rapaport News
boucheron
Kering Watch Sales Lag in Tough Market
Kering’s jewelry brands outperformed watches in thefirst half as revenue from timepieces extended a decline amid a challenging marketenvironment.Watch and jewelry sales fell 4.4 per cent from a year ago to an estimated $390 million (EUR 349...
Retail Aug 01, 2016 Rapaport News
Bulgari Chinese NY store
Bulgari Lifts LVMH Jewelry Sales
LVMH Moët Hennessy Louis Vuitton reported stronger jewelry and watchsales driven by the Bulgari brand which “outperformed the market” in the firsthalf of 2016. Revenue from the business unit increased 4 percent on both a reportedand...
Retail Jul 27, 2016 Rapaport News
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Brexit Impact
PRESS RELEASE, June 27, 2016, New York … Brexitwill not have a sustainable negative impact on polished diamond demand. The EUhas not been a dominant diamond consumption center for many years. While anegative wealth...
Financial-Legal Jun 27, 2016 Martin Rapaport
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