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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
CIBJO
Groups Join Forces on Responsible Sourcing
The World Jewellery Confederation (CIBJO) and the ColouredGemstones Working Group (CGWG) will collaborate to help companies in theindustry implement responsible sourcing for gemstones such as rubies, emeraldsand sapphires.The groups will develop management tools...
Gemstones May 22, 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
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
Kering Digital
Kering’s E-Commerce to Move In-House
Kering, the owner of Gucci, Boucheron and Pomellato, plans to end its seven-year partnership with luxuryplatform Yoox Net-A-Porter (YNAP), and bring its e-commerce activitiesin-house. The Paris-based retailer, which has worked with YNAP...
Retail Nov 27, 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
Pandora
Pandora Takes Top Spot for Responsible Sourcing
Pandora topped an annual rating comparing responsiblesourcing by the 10 largest companies in the fashion industry. For the second year running, the jeweler ranked ahead ofluxury vendors, including Kering, Richemont, LVMH and Swatch Group...
Retail Sep 04, 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
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
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
Kering Boucheron store
Kering Jewelry Sales Gain in 2016
Luxury group Kering reported a 2-percent rise in jewelry sales for 2016, attributing growth in its mid- and lower-range products.Revenue from Kering’s jewelry brands, which include Boucheron, Pomellato, Dodo and Qeelin, reached approximately...
Retail Feb 13, 2017 Rapaport News
Bull
Diamond Shares Sparkle in Bullish 2016
Jewelry and diamond mining stocks gained in 2016, ridingthe wave of resurgent financial markets in the last two months of the year.The strong performance mirrored the Dow Jones IndustrialAverage, which leapt 13 percent for the...
Financial-Legal Jan 01, 2017 Joshua Freedman
boucheron
Kering Reports Higher Jewelry Brand Sales
Luxury group Kering said sales at two keyjewelry brands increased in the third quarter boosted by new lines.Jewlery brands Boucheron and Pomellato bothgenerated “double-digit” growth, the Paris-headquartered company reported. “Boucheron performed well in both...
Retail Oct 27, 2016 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
boucheron
Boucheron Owner Kering Sees Luxury Sales Climb 3% in 1Q
Kering, the owner of high-end jewelry brands Boucheron andPomellato, reported luxury sales rose in the first quarter on a stronger retailperformance in Western Europe, Japan and emerging markets.Revenue from the Paris-based group’s luxury brands – whichalso...
Retail May 02, 2016 Rapaport News
boucheron
Kering’s 2015 Revenue +15%, Jewelry Sales Strong
Luxury group Kering reported revenue jumped 15percent to $12.89 billion (EUR 11.58 billion) in 2015 on “brisk” sales and an improvedoperating performance. The increase was 4.6 percent on a comparable basis.Profit surged 32 percent to $774.7 million.Watches andjewelry...
Retail Feb 21, 2016 Rapaport News
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