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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
Richemont
Sales Rise at Cartier, Van Cleef
Jewelry sales at Richemont — the owner of Cartier and VanCleef & Arpels — increased 10% in the past fiscal year, with growth in all regions and channels. Proceeds from the category rose to EUR 7.08 billion...
Retail May 19, 2019 Rapaport News
Cartier lawsuit
Cartier, Van Cleef Sue Alleged Counterfeiter
Cartier and Van Cleef & Arpels have filed a lawsuitagainst a Florida jeweler, claiming willful infringement on a number of theluxury jewelers’ famous trademarked collections. Scott King Inc., registered for business as Florida Diamond Brokers andKing...
Financial-Legal May 13, 2019 Rapaport News
IWC Darin Rabb 150
Swiss Watchmaker IWC Hires North America Chief
Richemont-owned IWC Schaffhausen has appointed Darin Rabbbrand president of North America. He will be responsible for growing the Swissluxury watch manufacturer’s business in the region. “North America is a strategic market for IWC, and we havetremendous potential...
Retail Apr 07, 2019 Rapaport News
De Grisogono
Founder Fawaz Gruosi Leaves De Grisogono
Fawaz Gruosi, the founder of De Grisogono, has stepped downfrom his position as board director and left the company, the Swiss-basedjeweler said. Gruosi had been gradually shifting away from day-to-dayoperations for some time,...
Retail Jan 13, 2019 Rapaport News
Richemont Cartier
China Drives Richemont Growth
Richemont’s jewelry sales increased 9% in the third fiscal quarter,as strong growth in the Asia Pacific region offset weakness in Europe and the Middle East. Jewelry proceeds from Cartier and Van Cleef & Arpelsrose...
Retail Jan 13, 2019 Rapaport News
Kering Digital
Kering’s E-Commerce to Move In-House
Kering, the owner of Gucci, Boucheron and Pomellato, plans to end its seven-year partnership with luxuryplatform Yoox Net-A-Porter (YNAP), and bring its e-commerce activitiesin-house. The Paris-based retailer, which has worked with YNAP...
Retail Nov 27, 2018 Rapaport News
Richemont
Richemont Sales Up Despite Asia Concerns
Richemont’s jewelry sales increased 12% in the first fiscalhalf, though signs of weakening in Asia raised investor concerns.Jewelry proceeds at Cartier and Van Cleef & Arpels rose to EUR 2.45 billion ($2.77billion) in the six months...
Retail Nov 11, 2018 Rapaport News
HRD Alibaba
Alibaba Strikes Deal with Belgian Trade
Chinese e-commerce giant Alibaba will collaborate with theAntwerp World Diamond Centre (AWDC) to bring Belgian diamonds to Chineseconsumers. Through the partnership, Shape of Antwerp diamonds will besold exclusively on the Chinese retailer’s Tmall online...
Retail Nov 06, 2018 Rapaport News
Alibaba Richemont
Richemont and Alibaba Bring Luxury to China
Richemont has partnered with Alibaba Group to improve Chineseconsumers’ access to the Swiss retailer’s luxury platforms. Alibaba will provide the technology and infrastructure to helpRichemont sell to the Chinese market through its e-commerce sites,...
Retail Oct 28, 2018 Rapaport News
Richemont Van Cleef
Richemont Enjoys Sparkling Jewelry Results
Jewelry sales at Richemont — the owner of Cartier and VanCleef & Arpels — increased 11% in the five months ending August 31, theluxury retailer reported Monday. Proceeds from the group’s largest category rose to $3.33billion...
Retail Sep 12, 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
Richemont Cartier
Jewelry Speeds Ahead at Richemont
Jewelry sales at Richemont — the owner of Cartier and VanCleef & Arpels — increased 9% in the past fiscal year, making the division theluxury retailer’s largest product group by revenue. Proceeds from the category rose to $5.33...
Retail May 21, 2018 Rapaport News
Cartier 150
Cartier, Van Cleef See Strong Season
Sales at Richemont’s jewelry maisons grew 5% yearon year to $2.18 billion (EUR 1.83 billion) in the fiscal third quarter of 2017, which included the holiday season. The jewelry maisons, which include Cartier and Van...
Retail Jan 11, 2018 Rapaport News
Richemont Cartier 140
Asia Recovery Boosts Cartier, Van Cleef
Richemont saw a sharp rise in jewelry sales inthe first fiscal half-year as Asian consumer demand recovered,the luxury groupreported Friday.Revenue from jewelry maisons — which include jewelry and watch sales at Cartier and VanCleef &...
Retail Nov 12, 2017 Rapaport News
Georges Kern Richemont Breitling
Richemont Watchmaking Head Joins Breitling
Timepiece brand Breitling has hired Richemont’s watchmaking chief GeorgesKern as CEO.Kern will focus on developing Breitling’s digital and retail operations, as well as growing the brand in Asian markets, Breitling said in a statement Friday.Kern will leave...
Watches Jul 18, 2017 Rapaport News
Cartier video commercial The Proposal June 2017
Cartier Releases New ‘The Proposal’ Films
Cartier has followed up on its acclaimed “The Proposal”commercials by publishing two new videos on social media this week. The clips tell two separate stories of couples who meetby accident and — spoiler alert — develop a relationship...
Retail Jun 21, 2017 Rapaport News
Feriel Zerouki De Beers
Piaget, De Beers Execs Take on RJC Roles
Members of the Responsible Jewelry Council (RJC) haveelected Didier Théraulaz of Piaget as vice chairman, and reelected De Beers’Feriel Zerouki as honorary treasurer, the organization said Monday.Théraulaz is corporate affairs director at theRichemont-owned watch and jewelry brand,...
Polished Markets May 16, 2017 Rapaport News
Richemont Cartier 140
Jewelry Sales Shine for Richemont
. Jewelry sales at Richemont — owner of Cartier and Van Cleef & Arpels — increased 7% in the past fiscal year,standing out as a rare growth sector for the luxury group.Revenue from the category rose to $4.55 billion (EUR...
Retail May 14, 2017 Rapaport News
Jaeger-LeCoultre
Richemont Watch Brands Get New Leadership
Richemont announced the appointment of new heads at four differentbrands, including three luxury watchmakers.Chabi Nouri, currently managing director for marketing andsales at Piaget, will replace the timepiece brand’s CEO PhilippeLeopold-Metzger on April 1, a spokesperson for...
Watches Feb 02, 2017 Rapaport News
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