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Cartier logo on building in Chengdu China April 20
Jewelry Stands Out at Richemont
Richemont’s jewelry sales outperformed the rest of the group in the three months ending September 30 as Chinese demand grew and consumers spent money online.Sales at jewelry maisons — Cartier, Van Cleef & Arpels, and Buccellati...
Retail Nov 08, 2020 Rapaport News
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
Karl Walsh Pandora 150
Pandora to Focus on E-Commerce
Pandora has hired Karl Walsh as its senior vice president ofglobal e-commerce in an effort to improve online sales and customer experience. Walsh (pictured), who has previously worked atAccenture and McKinsey, will be responsible for...
Retail Mar 15, 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
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
Anders Colding Friis, Pandora CEO
Pandora Lifted by Asia-Pacific Growth
Pandora reported revenue and profit grew strongly in thethird quarter as Asia-Pacific sales rocketed and new collections were wellreceived.Revenue increased 18 percent to $683.1 million (DKK 4.61billion) and net profit leapt 40 percent to $208.1 million,the...
Retail Nov 01, 2016 Rapaport News
Anders Colding Friis, Pandora CEO
Pandora Sales Rise Across All Regions
Pandora reported revenue surged 20 percent to $648 million(DKK 4.33 billion) in the second quarter driven by higher sales volume whileprices were mostly stable. In local currency terms, revenue increased 25percent, the Denmark-based jeweler said.Growth...
Retail Aug 10, 2016 Rapaport News
Richemont
Richemont’s 3Q Sales -4% Ex-Currency as Jewelry Outperforms Watches
Richemont reported revenue – measured at constantexchange rates – declined 4 percent year on year in the third quarter thatended December 31 even as jewelry sales grew in most regions and productcategories. Demand for watches was weak.The slowdownreflected weaker...
Retail Jan 14, 2016 Rapaport News
Diamdel
Diamdel to Open Office in Hong Kong
Diamdel will expand its sales presence across the Asia Pacific with a new office in Hong Kong. This set-up will allow more buyers in the region to purchase rough via Diamdel's online auctions, according...
Rough Markets Oct 12, 2011 Jeff Miller
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