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Boucheron London store.
European Slump Weighs on Kering Jewelry Brands
Kering reported weak jewelry sales during the first half of 2020 as a slowdown at its Europe-focused brands outweighed stronger figures in Asia.The group’s Boucheron and Pomellato brands suffered from their exposure to the Western European...
Retail Jul 29, 2020 Rapaport News
Graff
Graff Donates $1M to Fight Pandemic
Diamond jeweler Graff will contribute $1 million to help at-risk countries stem the spread of the coronavirus.The company will give the money through its charity foundation to the COVID-19 Solidarity Response Fund, which was...
Retail Apr 13, 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
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
Haute École de Joaillerie
What’s New at World’s Oldest Jewelry School
Paris’s Haute École de Joaillerie (HEJ) is the oldest jewelry school in the world. Founded by the French jewelry industry in the 19th century, it recently celebrated its 150th anniversary. Several major jewelry houses, including Boucheron...
Polished Markets Jan 01, 2020 Marie Chabrol
Sothebys
Sotheby’s Brings In $43M at New York Sales
Sotheby’s garnered $43.1 million from its two New Yorkjewels auctions, led by a blue diamond ring which sold for $6.6 million. The cushion-cut, 7.55-carat, fancy-deep-grayish-blue, typeIIb, SI2-clarity Indian Blue had been estimated...
Polished Markets Dec 12, 2019 Rapaport News
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
Saks The Vault
Saks Unveils Luxury Jewelry Space
Saks Fifth Avenue has debuted The Vault, a new floor thatwill feature pieces from luxury fine-jewelry and watch designers. The area, located on the retailer’s lower level, willhighlight more than 25 brands, and...
Retail Sep 08, 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
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
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
Princess EUgenie Wedding
Emeralds Top Princess Eugenie’s Wedding Look
Princess Eugenie’s bridal jewels were all about emeralds ather wedding to Jack Brooksbank on Friday. The UK royal wore a headpiece made of brilliant- and rose-cutdiamonds pavé-setin platinum, with a large emerald center stone surrounded by six...
Polished Markets Oct 14, 2018 Rapaport News
Sotheby's Brooch
Sotheby’s Launches New Paris Auction
Sotheby’s will launch a new sale in October, exclusivelyhighlighting jewelry and watches from Parisian designers. The inaugural Joaillerie Paris sale will feature 19th-and 20th-century pieces from well-known French jewelry housesincluding Boucheron, Cartier,...
Polished Markets Sep 13, 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 150
Kering Jewelry Lines See Strong First Quarter
Kering reported buoyant jewelry-and-watch sales in the first quarter, driven by newcollections and extensions of certain product lines. “Watches and jewelryperformed very well this quarter,” the company said Wednesday. “Thestrengthened positioning of [jewelry brands]...
Retail Apr 25, 2018 Rapaport News
Christies 150
Blue Diamond Tops Christie’s New York
A 3.09-carat blue diamond smashed its pre-sale estimate atChristie’s Magnificent Jewels auction in New York last week. Therectangular-cut, fancy intense blue diamond ring, surrounded by taperedbaguette-cut diamonds on either side, sold for $5.4 million....
Retail Apr 24, 2018 Rapaport News
Christies 032518 150
Christie’s to Sell 8ct. Pink Diamond Ring
Christie’s New York spring sale will feature an8.42-carat, fancy intense pink diamond ring, estimated at between $4 millionand $6 million, the auction house said Friday. The cut-cornered rectangular modified brilliant-cut, VVS1-claritystone has the...
Polished Markets Mar 25, 2018 Rapaport News
Boucheron Kering
Kering Names Jewelry Chief for the Americas
Kering has appointed Nathalie Diamantis as head of itsjewelry operations in North America and Latin America, the luxury group said. As president of Kering Jewelry for the Americas, Diamantiswill oversee growth of the Pomellato, Boucheron and...
Retail Jan 04, 2018 Rapaport News
Bull bear stocks
Five Takeaways from the Stock Market in 2017
In a year of soaring stock prices, US retail shares largely underperformed in 2017 as consumers (and investors) abandoned traditional shopping channels in favor of e-commerce platforms. As a result, familiar names such as J.C. Penney, Macy’s and Signet Jewelers slipped...
Retail Jan 01, 2018 Joshua Freedman
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