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Jewelry Stands Out at Richemont
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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...
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Retail
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Nov 08, 2020
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Rapaport News
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Alrosa Upbeat on 1Q Diamond Retail Market
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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,...
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Retail
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Jun 24, 2018
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Rapaport News
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Pandora to Focus on E-Commerce
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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...
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Retail
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Mar 15, 2018
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Rapaport News
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Tiffany Restores Growth in Strong Holiday Season
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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...
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Retail
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Jan 17, 2018
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Rapaport News
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Asia Recovery Boosts Cartier, Van Cleef
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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 &...
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Retail
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Nov 12, 2017
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Rapaport News
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Pandora Lifted by Asia-Pacific Growth
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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...
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Retail
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Nov 01, 2016
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Rapaport News
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Pandora Sales Rise Across All Regions
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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...
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Retail
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Aug 10, 2016
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Rapaport News
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Retail
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Jan 14, 2016
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Rapaport News
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Diamdel to Open Office in Hong Kong
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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...
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Rough Markets
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Oct 12, 2011
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Jeff Miller
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