
LVMH’s watch, jewelry sales were up 12% last year
LVMH, a titan in the world of luxury goods, reported strong full-year results with watch and jewelry sales climbing by a double-digit percentage.
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LVMH, a titan in the world of luxury goods, reported strong full-year results with watch and jewelry sales climbing by a double-digit percentage.
After handling Gem & Jewellery (G&J) industry financing as a banker for many years, Erik A Jens sees an opportunity now that numerous banks are withdrawing from the sector.
Press release – ALROSA, Luxury Jewelers Resource Group to be recognized for community-building efforts.
Mouawad has manufactured a 54.21-carat polished yellow stone, which, it claims, is the largest of its shape and color the Gemological Institute of America (GIA) has ever graded.
Swiss watch exports fell in December, with a sharp decline in China outweighing growth in other markets.
If diamond miner equities are a proxy, the sentiment surrounding the diamond industry is currently at historic low levels.
If, in retrospect, in 2018 there seemed to be articles almost every day relating to the development of Artificial Intelligence (AI) and its effect on jobs and the economy, we can reasonably expect to read even more this year.
The World Jewellery Confederation (CIBJO) has released a new guide for the jewelry industry detailing standards and practices for supply-chain due diligence.
Sarine Technologies will unveil its full-capacity, artificial-intelligence (AI) grading lab at the upcoming International Diamond Week in Israel (IDWI).
The diamond industry has moved from a relatively stable environment to a highly uncertain environment, with 2019 and the years ahead seeing lab-grown diamonds for jewelry entering a growth phase, said ABN AMRO Bank in a report.
Sales of Forevermark jewelry rose 8% year on year in 2018, according to the brand’s owner, De Beers.
Richemont’s jewelry sales increased 9% in the third fiscal quarter, as strong growth in Asia Pacific offset weakness in Europe and the Middle East.