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Kering
Pandemic Drags Down Kering Jewelry Revenue
Kering’s jewelry and watch divisions have been “hard hit” by COVID-19, dragging revenues down for the first quarter, the French luxury group reported Monday.The company, which owns Boucheron, Pomellato and Qeelin,...
Retail Apr 23, 2020 Rapaport News
Gucci credit Shutterstock
China Showing Positive Signs, Says Kering
Kering, the owner of Gucci, Saint Laurent and Boucheron, said demand in China was starting to recover, even as the effects of the coronavirus intensified in other locations.“The group is observing encouraging signs in mainland China, where the...
Retail Mar 22, 2020 Rapaport News
Baselworld
Baselworld Canceled Due to Coronavirus
Baselworld has called off this year’s fair after Swiss authorities banned large-scale events because of the coronavirus.Show organizer MCH Group has postponed the event — which had been scheduled to take place April...
Watches Mar 01, 2020 Rapaport News
Bulgari store 150
Bulgari Is Latest Brand to Exit Baselworld
Italian luxury brand Bulgari has confirmed it will not be participating in the 2020 edition of Baselworld, a little over a week after Gucci announced it was exiting this year’s show.The reasons behind Bulgari’s departure were not...
Retail Feb 13, 2020 Rapaport News
Kering
Jewelry Proves Strong for Kering in 2019
“asas” Kering, the owner of high-fashion houses Gucci and Yves Saint Laurent, reported robust sales in its jewelry and watch divisions in 2019, led by a strong performance in the Asia-Pacific region.“Performance was solid double-digit in jewelry...
Retail Feb 13, 2020 Rapaport News
MVI Tiffany 150
Self-Purchasing Females Choose Tiffany
Tiffany & Co. is the jewelry brand women are most likely to buy for themselves, MVI Marketing found in a survey.Some 35% of female consumers would spend their money on products from the luxury-jewelry brand, while...
Retail Feb 05, 2020 Rapaport News
Gucci Baselworld 2019
Gucci Pulls Out of Baselworld
Gucci has become the latest major brand to skip this year’s Baselworld show, citing the new timing of the event as its reason for staying away, according to the fair’s organizers.The dates of the 2020...
Retail Feb 04, 2020 Joshua Freedman
Kering
Kering’s Jewelry and Watch CEO Exits
Albert Bensoussan has stepped down as CEO of Kering’s luxurywatches and jewelry division, the French retail group said Wednesday.Bensoussan joined the owner of Gucci and Yves Saint Laurent in 2014, taking responsibility for its...
Retail Nov 27, 2019 Rapaport News
Kering
Kering Notes Strong Quarter for Jewelry
Kering, the owner of high-fashion houses Gucci and YvesSaint Laurent, reported robust sales in its jewelry and watch divisions in thethird quarter amid growth in China and the introduction of new collections. “Jewelry delivered solid...
Retail Oct 27, 2019 Rapaport News
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
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
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