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Tiffany Hong Kong store
Tiffany Sales Stall as Tourist Spending Dries Up
Sales at Tiffany & Co. were flat at $1.01 billion in thethird fiscal quarter as increases in mainland China compensated for weakspending in the US and Hong Kong. Revenue declined 4% to $422.5 million in the Americas region assales to tourists...
Retail Dec 05, 2019 Rapaport News
Pandora charm 150
Tiffany, Pandora Receive Top Sourcing Scores
Tiffany & Co. and Pandora received high ratings on anannual list comparing responsible sourcing by the largest companies in thefashion industry. Tiffany garnered the top rating of AAA in the retail category for thefifth consecutive...
Retail Dec 02, 2019 Rapaport News
Tiffany
LVMH Sees Value in Tiffany’s Diamond Sourcing
A storied past and popularity as a brand might bethe first things that would attract a potential suitor to Tiffany & Co. ButLVMH has identified another key attribute that made the US jeweler a valuabletarget: its ability...
Retail Nov 28, 2019 Joshua Freedman
Tiffany
LVMH Seals Tiffany Deal for $16B
LVMH Moët Hennessy Louis Vuitton is set to acquire Tiffany & Co. for $16.2 billion, strengthening the Paris-based luxury group’sposition in the global jewelry market and increasing its US presence. “Tiffany [is] a company with...
Retail Nov 25, 2019 Rapaport News
Tiffany LVMH
Tiffany Wants Higher Price From LVMH
Tiffany & Co. has asked LVMH Moët Hennessy Louis Vuittonto raise its initial takeover offer, claiming it undervalues the jewelryretailer’s worth, according to media reports. Last month, the Paris-based luxury group submitted...
Retail Nov 07, 2019 Rapaport News
Tiffany necklace
LVMH Proposes Tiffany Takeover
LVMH Moët Hennessy Louis Vuitton has approached Tiffany & Co. about acquiring the US jeweler for almost $15 billion, according to media reports. The Paris-based luxury group submitted a non-binding offerto Tiffany earlier...
Retail Oct 27, 2019 Rapaport News
LVMH
LVMH Jewelry and Watch Revenue Jumps
LVMH Moët Hennessy Louis Vuitton saw a rise in jewelry andwatch sales in the third quarter, led by a strong performance at its Bulgaribrand, it said Wednesday. Revenue for the category increased 8% to EUR 1.13 billion($1.24 billion) for...
Retail Oct 10, 2019 Rapaport News
Lark & Berry
Lab-Grown Retailer Hires Exec for US Push
UK-based synthetic-diamond-jewelry retailer Lark & Berryhas hired Paul Ziff as its brand manager for North America. Ziff was previously a brand president at both Richemont andLVMH, and has held executive positions at Ralph Lauren...
Retail Jul 31, 2019 Rapaport News
LVMH
Bulgari Boosts LVMH Jewelry Growth
Sales and profit from watches and jewelry at LVMH Moët Hennessy Louis Vuitton grew in the first half of 2019 amid a strong performance byits Bulgari brand, the company reported Wednesday. Revenue for the...
Retail Jul 25, 2019 Rapaport News
CIBJO
Groups Join Forces on Responsible Sourcing
The World Jewellery Confederation (CIBJO) and the ColouredGemstones Working Group (CGWG) will collaborate to help companies in theindustry implement responsible sourcing for gemstones such as rubies, emeraldsand sapphires.The groups will develop management tools...
Gemstones May 22, 2019 Rapaport News
Baselworld
LVMH Still Has Time for Baselworld
LVMH Moët Hennessy Louis Vuitton will participate in the2020 edition of Baselworld, as the exhibition works to revamp its program andtailor its format specifically to the luxury retailer. The current setup will continue at next year’s...
Polished Markets Apr 29, 2019 Rapaport News
LVMH
LVMH Jewelry Sales Rise in First Quarter
LVMH Moët Hennessy Louis Vuitton saw a jump in jewelry andwatch sales in the first quarter, led by a strong performance at Bulgari. Revenue for the category increased 9% to EUR 1.05 billion($1.18 billion) for the three months...
Retail Apr 11, 2019 Rapaport News
LVMH Bulgari
LVMH Sees Strong Jewelry Sales in 2018
Revenue from jewelry and watches at LVMH Moët Hennessy LouisVuitton increased 8% in 2018, amid a strong year for Bulgari, the company said Tuesday. Jewelry-and-watch revenue rose to EUR 4.12 billion ($4.71billion), driven also by good...
Retail Jan 30, 2019 Rapaport News
LVMH
LVMH Jewelry and Watch Revenue Up
LVMH Moët Hennessy Louis Vuitton saw a rise in jewelry andwatch sales in the third quarter, led by a strong performance at its Bulgaribrand, it said Tuesday. Revenue for the category increased 10% to EUR 1.04 billion($1.2 billion)...
Retail Oct 10, 2018 Rapaport News
Pandora
Pandora Takes Top Spot for Responsible Sourcing
Pandora topped an annual rating comparing responsiblesourcing by the 10 largest companies in the fashion industry. For the second year running, the jeweler ranked ahead ofluxury vendors, including Kering, Richemont, LVMH and Swatch Group...
Retail Sep 04, 2018 Rapaport News
Bulgari 150
Bulgari Drives LVMH Jewelry Growth
LVMH Moët Hennessy Louis Vuitton’s sales and profit fromjewelry and watches grew strongly in the first half of 2018 amid a robust performance by its Bulgari brand in key markets, the company reported Tuesday. Revenue...
Retail Jul 25, 2018 Rapaport News
LVMH 150
Jewelry and Watch Sales Rise for LVMH
LVMH Moët Hennessy Louis Vuitton saw a rise in jewelry andwatch sales in the first quarter amid strong market conditions, it said. Revenue for the category increased 9% to $1.18 billion (EUR959 million) in the three months...
Retail Apr 10, 2018 Rapaport News
LVMH Jewelry Sales Jump 150
Jewelry Shines as LVMH Sees Record Results
Revenue from jewelry and watches at LVMH Moët Hennessy LouisVuitton jumped 10% in 2017, with growth across each of its key global markets.Jewelry-and-watch revenue rose to $4.73 billion (EUR 3.81 billion), driven by a strong performance...
Retail Jan 28, 2018 Rapaport News
Bulgari Serpent
LVMH Sees Strong Jewelry and Watch Growth
LVMH Moët Hennessy Louis Vuitton’s revenue from jewelry and watches increased 8% year on year to $1.12 billion (EUR 951 million) in the third quarter. Overall group revenue jumped 14% to $12.26 billion (EUR 10.38...
Retail Oct 10, 2017 Rapaport News
Stephen Lussier De Beers Forevermark
De Beers Broadens Lussier’s Branding Role
De Beers’ top marketing boss has taken on an expanded role nowthat the miner has acquired its namesake retail chain.Stephen Lussier, executive vice president of marketing, now oversees De Beers’ entire downstream and branding operations,...
Marketing Aug 07, 2017 Joshua Freedman
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