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Kering
Jewelry Growth Strong for Kering in 1H
Kering, the owner of high-fashion houses Gucci and YvesSaint Laurent, reported solid growth in its jewelry and watch divisions in thefirst half of 2019, driven by increased sales in Asia Pacific and westernEurope. Revenue from houses...
Mining Jul 28, 2019 Rapaport News
Gucci
Gucci Forays into High-End Jewelry
Luxury fashion house Gucci has made a move into high jewelrywith the inauguration of its first boutique and a collection by creativedirector Alessandro Michele. The store, which is dedicated exclusively to jewelry,opened on July 2 in Paris’s historic Place...
Retail Jul 07, 2019 Rapaport News
Kering Boucheron 150
Jewelry Sales Solid for Kering in First Quarter
Kering noted strong sales in its jewelry-and-watch divisionin the first quarter, amid growing Asian demand and a positive reception at the Salon International de la Haute Horlogerie (SIHH) fair in Geneva. “Jewelry delivered solid growth, thanks...
Retail Apr 21, 2019 Rapaport News
Tiffany thumbnail magazine
Tiffany Provides Glimpse into Future Store Design
With Tiffany & Co. refurbishing its flagship store on New York’s Fifth Avenue, there is a buzz of speculation on how the retailer plans to make the shop more interactive and appealing to millennials, as it has vowed to do....
Retail Mar 19, 2019 Joshua Freedman
Kering
Asian Demand Drives Kering Jewelry Growth
Kering recorded robust sales in its jewelry-and-watchdivision in 2018, amid growing demand for its products in Asia.Jewelry sales rose 7% to EUR 18 billion ($20.33 billion) at the French luxury group, which owns Boucheron, Pomellato and Qeelin....
Retail Feb 12, 2019 Rapaport News
JA
Jewelers of America Hires Membership Chief
Jewelers of America (JA) has appointed Regina Ciarleglio asits new director of membership, the trade association said Friday. Ciarleglio, who will oversee JA’s membershipdevelopment and retention, has more than 25 years of experience in the...
Polished Markets Jan 27, 2019 Rapaport News
MVI Tiffany new
Tiffany Scores with Wealthier Immigrants
Tiffany & Co., Swarovski and Pandora are the preferred jewelry brands among more affluent immigrants in the US, according to a survey by MVI Marketing. Researchers asked 702 Asian-American, Hispanic and Latino-American consumers with...
Polished Markets Dec 11, 2018 Rapaport News
Kering POmellato store 150
Kering Posts Strong Jewelry Performance
Kering noted solid sales in its jewelry-and-watch division inthe third quarter amid a sharp increase in the luxury retailer’s group sales. “Watches and jewelry posted solid revenue growth,” thecompany said Wednesday. “New collections...
Retail Oct 25, 2018 Rapaport News
MVI 150
Self-Purchasing Women Prefer White Gold – Poll
White gold is the most popular metal for self-purchasingmillennial women, with yellow gold trailing in last place, according to a survey by MVI Marketing.MVI conducted the survey in July among 1,001 US women aged25 to 40 with an annual of income...
Retail Aug 08, 2018 Rapaport News
Boucheron; Kering
Kering Jewelry Growth Solid in 1H
Kering, which owns high-fashion houses such as Gucci andYves Saint Laurent, reported solid growth in its jewelry and watch divisions inthe first half of 2018, driven by increased sales in Asia Pacific and NorthAmerica. “Accessories,...
Retail Jul 29, 2018 Rapaport News
boucheron
Kering Sees Robust 1Q Luxury, Jewelry Sales
French luxury group Kering reported strong sales in the first quarter, driven by “outstanding growth” at its Gucci brand and good performances from its watch and jewelry businesses.Group revenue rose 31% year on year...
Retail Apr 30, 2017 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
Gucci China
Kering Group 1H Sales +17%, But Luxury Sales Flat
Luxury retailer Kering reported that sales increased 17 percent year on year to $6.1 billion (EUR 5.5 billion) during the first six months of 2015. The group said sales were boosted by a weaker euro and...
Retail Jul 28, 2015 Ronen Shnidman
ppr gucci
Kering Notes Mixed Results for its Jewelry & Watch Group
Luxury group Kering reported that revenue improved 11.4 percent year on year to $3 billion (EUR 2.65 billion) in the first quarter that ended on March 31; however, sales measured by comparable exchange-rates fell 0.6 percent....
Retail May 01, 2015 Jeff Miller
boucheron
Kering Reports Tough Market for Luxury Watches, Jewelry
Kering reported that revenue rose 4 percent year on year to $11.4 billion (EUR 10.038 billion) in 2014. Cost of sales increased 3.5 percent to $4.3 billion (EUR 3.742 billion), so gross margin improved 4.2 percent to $7.2...
Financial-Legal Feb 17, 2015 Jeff Miller
Gucci China
Gucci's CEO and Creative Director to Leave
Patrizio di Marco, the CEO of Gucci, will leave the luxury brand on January 1 and be succeeded by Marco Bizzarri. His notice of departure comes a week after the resignation of Michele Sofisti, the CEO of Gucci's jewelry and...
Retail Dec 12, 2014 Jeff Miller
Gucci China
Sofisti Leaves Gucci Watches & Jewelry Division
The CEO of Gucci's watches and jewelry division, Michele Sofisti, left the company to pursue other personal and professional opportunities, Gucci announced to the Italian press. Patrizio di Marco, Gucci's president and CEO, will...
Retail Dec 03, 2014 Ronen Shnidman
ulysse nardin
Kering Profit +7%; Acquires Ulysse Nardin
Kering's revenue rose 1.5 percent year on year to $6.4 billion (EUR 4.75 billion) for the first half of the year that ended on June 30. Revenue increased 4 percent based on comparable-exchange-rates. The luxury group...
Financial-Legal Jul 30, 2014 Jeff Miller
ppr gucci
Sofisti to Head Gucci Watches & Jewelry
Luxury retail giant Kering restructured its jewelry and watch division and appointed Sowind Group's CEO, Michele Sofisti, to the role of CEO of Gucci watches and jewelry beginning October 1. Kering will appoint a new...
Retail Jul 21, 2014 Jeff Miller
fashion outlet
Helzberg, Kay to Open at Fashion Outlets of Chicago
Retail developers AWE Talisman and Macerich named the anchors and specialty stores set to open at the Fashion Outlets of Chicago on August 1. The new outlet mall sits outside of Chicago, just minutes away from...
Retail Mar 05, 2013 Jeff Miller
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