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A new Citi report finds that U.S. consumers have increased spending on fine jewelry, while opting out of other luxury sectors ...
Laopu Gold Co, the fast-rising Chinese heritage gold jewelry brand, is shaking up the global luxury scene with a stock price that has surged more than 22-fold since its June 2024 debut and a market ...
Small ammonites have become earrings in the hands of Gabriella Kiss and Margery Hirschey, both fine jewelry designers in the United States. “I just try to honor them as they are,” said Ms ...
"Richemont's jewelry brands are really at the top of consumer desirability," Luca Solca, sector head for global luxury goods at Bernstein, told CNBC's "Squawk Box Europe." "There's no debate.
The jewelry brands’ sales rose 8% to €15.33 billion in the fiscal year ending March. Thus, almost three-quarters of the group’s annual sales of €21.4 billion are generated by manufacturers of ...
Still, Richemont, whose jewelry division generates about 72% of total group sales, had double-digit gains in revenue across nearly all of its markets in the most-recent quarter.
Cartier Parent Richemont Posts Higher Sales on Jewelry Boost The jeweler and watchmaker says agility and discipline is required to navigate global uncertainty By Andrea Figueras Share ...
LONDON — In a challenging year for the luxury industry, Richemont saw sales climb 4 percent to 21.4 billion euros, fueled by increased jewelry sales in the fourth quarter and double-digit growth ...
Richemont posted a loss of 1.01 billion euros from discontinued operations due to Yoox Net-a-porter, which was sold to Mytheresa earlier this year. A display from the new Cartier show at the Victoria ...
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Richemont's jewelry house is the market leader, Bernstein saysLuca Solca, sector head for global luxury goods at Bernstein, weighs in on Richemont's full-year results and its outperformance in the luxury jewelry segment.
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