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European Slump Weighs on Kering Jewelry Brands
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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...
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Retail
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Jul 29, 2020
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Rapaport News
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Pandemic Drags Down Kering Jewelry Revenue
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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,...
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Retail
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Apr 23, 2020
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Rapaport News
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Jewelry Proves Strong for Kering in 2019
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“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...
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Retail
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Feb 13, 2020
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Rapaport News
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Kering’s Jewelry and Watch CEO Exits
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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...
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Retail
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Nov 27, 2019
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Rapaport News
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Kering Notes Strong Quarter for Jewelry
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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...
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Retail
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Oct 27, 2019
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Rapaport News
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Jewelry Growth Strong for Kering in 1H
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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...
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Mining
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Jul 28, 2019
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Rapaport News
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Jewelry Sales Solid for Kering in First Quarter
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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...
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Retail
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Apr 21, 2019
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Rapaport News
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Kering Posts Strong Jewelry Performance
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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...
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Retail
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Oct 25, 2018
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Rapaport News
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Kering Jewelry Growth Solid in 1H
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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,...
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Retail
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Jul 29, 2018
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Rapaport News
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