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Jewelers Top Luxury ‘Brand Intimacy’ Study
Rolex, Cartier and Tiffany & Co. have captured the top threespots in the luxury category when it comes to the emotional connectioncustomers have with a brand, according to a study of “brand intimacy.” The three jewelry brands...
Retail Nov 11, 2019 Rapaport News
Watches of Switzerland
Watches of Switzerland to Go Public
Watches of Switzerland will proceed with an initial publicoffering (IPO) on the London Stock Exchange in an effort to reduce its debt and support growth.The UK-based luxury-watch retailer plans to raise approximately GBP 155million ($201.6 million) by selling...
Retail May 13, 2019 Rapaport News
Breitling Navitimer watch
Breitling to Exit Baselworld Fair
Swiss luxury watchmaker Breitling will not return toBaselworld in 2020, and will instead focus on marketing through its ownplatform.Although the watch and jewelry exhibition proved successfulfor the company this year, the fair’s...
Retail Apr 16, 2019 Rapaport News
GEM Awards Jan 2019 Stewart Wicht
GEM Awards Honor Ex-Rolex USA Chief
Jewelers of America (JA) honored retailers, designers andjournalists at Friday’s GEM Awards in New York. Stewart Wicht, whoretired as CEO of Rolex Watch USA in December, picked up the LifetimeAchievement accolade in recognition of his contribution to the industry duringhis...
Retail Jan 16, 2019 Rapaport News
Baselworld
More Brands Quit Baselworld 2019
Three watchmakers have reportedly statedtheir intention to leave Baselworld following Swatch Group’s exit from the Swissshow. Zurich-based Maurice Lacroix will not participate in the 2019 event, a Baselworld spokespersonconfirmed to Rapaport News. Corum and...
Watches Oct 21, 2018 Leah Meirovich
Gem Awards Stewart Wicht
Rolex US Chief Earns Lifetime Award
Jewelers of America (JA) has named Rolex Watch USA CEOStewart Wicht as the recipient of its 2019 GEM Award for Lifetime Achievement. The GEM Awards honor the outstanding achievements ofindividuals or companies whose work...
Polished Markets Sep 16, 2018 Rapaport News
Birks 150
Mayors Sale Saves Birks from Loss
Birks Group’s profit more than doubled in the past fiscalyear after the Canadian retailer sold subsidiary Mayors Jewelers. Profit grew to $11.7 million for the 12 months ending March31 from $4.9 million a year...
Retail Jul 05, 2018 Rapaport News
Phillips James Marks
Phillips Names New Watch Specialist
Phillips, together with its partner Bacs & Russo, hasappointed James Marks as international watch specialist to oversee thedepartment’s sourcing efforts, the auction house said Monday. Marks (pictured) comes from a finance background, andwas...
Polished Markets Jun 12, 2018 Rapaport News
Jared store 150
Jared to Offer Luxury Watch Trade-In
Jared The Galleria of Jewelry is launching a trade-inprogram for luxury watches at its US stores. Partnering with Crown & Caliber — an online marketplacefor pre-owned luxury timepieces — the jeweler will allow customers to exchangetheir watches for in-store...
Retail Apr 03, 2018 Rapaport News
Jewelers Respond to NGO’s Claims
Jewelers Hit Back at Human Rights Watch
Jewelers dismissed a Human Rights Watch (HRW) report which claimed companies and the Responsible Jewellery Council (RJC) did not provide sufficient ethical sourcing guarantees.“We have reviewed the Human Rights Watch report...
Retail Feb 14, 2018 Leah Meirovich
Human Rights Watch Jewelry 150
Jewelers’ Ethical Sourcing Below Par, Report Says
Jewelry and watch companies need to increase efforts toensure their supply chains are free of human-rights abuses, a campaign group cautioned in a report last week.“Many jewelers can do more to find out if their gold ordiamonds are...
Retail Feb 11, 2018 Rapaport News
Diamond Names to Get DEF Awards
DEF Reveals Diamonds Do Good Honorees
The Diamond Empowerment Fund (DEF) will honor De Beers CEOBruce Cleaver, as well as Rolex and a Canadian regional government, at itsDiamonds Do Good awards event in Las Vegas in May. Cleaver, who has headed De Beers since July...
Mining Jan 17, 2018 Rapaport News
Cartier
Cartier, Tiffany Rank as Top Millennial Brands
Tiffany & Co. is the favorite luxury jewelry brand amongwealthy millennials, according to a recent survey by consumer-research groupMVI Marketing. The New York retailer came ahead of Cartier in second place,Pandora in third and Chanel in fourth, MVI...
Retail Nov 29, 2017 Rapaport News
Dione Kenyon
American Gem Society to Honor Dione Kenyon with Lifetime Achievement Award
The American GemSociety (AGS) will honor three figures in the jewelry industry at its annualCircle of Distinction dinner on July 26 at the Plaza Hotel in New York.Dione Kenyon, president of the Jewelers Board of Trade (JBT),will receive the...
Polished Markets Feb 23, 2016 Rapaport News
JSA Jewelers' Security Alliance
Rolex U.S.A. CEO Elected Chair of Jewelers’ Security Alliance Board
The board of the Jewelers’ Security Alliance (JSA) electedRolex Watch U.S.A.’s chief executive officer Stewart Wicht as its chairpersonfor a three-year term.Wicht’s election was announced at a JSA annual luncheonin New York on January 9, according to a statement...
Financial-Legal Jan 17, 2016 Rapaport News
Shopping Mall
Millenials Favor Mobile Luxury Ads
While advertising in traditional media may still be the best way to attract affluent Generation X and baby boomer consumer groups, especially given that magazines are the top influencer for those groups, The Shullman...
Marketing Aug 12, 2013 Sandra Mardenfeld
rolex
Rolex Sues Melrose Jewelers for Counterfeiting, Trademark Infringement
Rolex sued Melrose Jewelers (melrose.com) on a number of actions related to counterfeiting and trademark infringement. According to Rolex, which secured three watches from the retailer for its case between February and June, the defendant...
Watches Aug 09, 2012 Jeff Miller
Watches
ASSOCHAM Says Indian Watch Market to Grow at 15%
India’s watch market is expected to grow at 15 percent every year to around $2.70 billion (INR 150 billion) by 2020 driven by young consumers, the emergence of a strong middle class and a larger number of high-net-worth individuals, according to the...
Retail Jun 13, 2012 Dilipp S Nag
Ross-Simons
Ross-Simons Relocates to The Mall at Chestnut Hill
Ross-Simons will open a new store in The Mall at Chestnut Hill in Newton, Massachusetts on March 30, and this location will replace its former store in the Atrium Mall.“We are excited about this move,” said...
Retail Mar 28, 2012 Deena Taylor
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