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The Tiffany & Co. and LVMH saga has come to a close. With legal battles and price negotiations settled, the French luxury titan has finalized its acquisition of Tiffany in a deal valued at $15.8 billion.
Online shopping has been the bright spot in U.S. retail this year, and a new report shows that consumers leaned heavily on e-commerce channels this holiday season in particular.
Fluorescence—the soft glow a diamond emits when exposed to UV light—isn’t often emphasized in the marketing of diamonds and diamond jewelry.
When it comes to engagement rings, it can feel like the same few forms and flourishes cycle in and out of style eternally—think half-pavé shanks and diamond halos.
Lucapa Diamond Company has released the polished results of a 46-carat pink rough it sold into a manufacturing partnership with Graff subsidiary Safdico.
A special necklace led the Christie’s Hong Kong Magnificent Jewels auction on Nov. 29.
Press release – De Beers Group’s latest Diamond Insight ‘Flash’ Report highlights US jewellers have noted increased rates of couples getting engaged during the pandemic.
Tiffany & Co.’s worldwide sales showed signs of hope in the third quarter, bolstered by a strong performance in the Asia-Pacific region and soaring online sales.
Holiday sales will likely rise between 3.6% and 5.2% this year, though the continuing spread of COVID-19 still poses risks to retail, the National Retail Federation said in its annual holiday forecast.
Sales of personal luxury goods will fall 23% this year, the first decrease since 2009, and are unlikely to recover for at least two years, Bain & Company predicted.
When LVMH first approached Tiffany & Co. about a takeover in 2019, it was with an initial price of $120 a share. That was turned down. Eventually, the two sides arrived at a final price of $135 a price.
Jewelers should follow six basic steps to generate credibility for making online sales, according to a team at Stanford University, led by behavioral expert B.J. Fogg.