This year’s Design Atelier is full of gems.
Bulgari Boosts LVMH’s Q3 Watch, Jewelry Sales
The luxury conglomerate reported $1.24 billion in revenue for the category, a 5 percent organic increase year-over-year.

Paris—LVMH reported double-digit revenue growth in its third-quarter results, buoyed by a strong performance across all segments from watches and jewelry to wines and spirits.
Third-quarter revenue totaled €13.32 billion ($14.62 billion), an 11 percent organic increase compared with the previous third quarter.
The luxury conglomerate said it made “good progress” in the U.S. and Europe as well as in Asia, despite the “difficult context” in Hong Kong as protests continue.
LMVH’s watches and jewelry segment brought in €1.13 billion ($1.24 billion) in revenue, a 5 percent organic increase year-over-year.
The company said the jewelry category led the charge in the segment, with Bulgari giving an “excellent performance,” particularly in its own stores. The brand’s Serpenti, B.Zero1, Diva and Fiorever jewelry as well as its new Serpenti Seduttori watch collection were top performers.
Chaumet presented its exhibition “Chaumet in Majesty. Jewels of Sovereigns since 1780” in Monaco this summer, following its presentation in Beijing in 2017 and Tokyo in 2018.
Meanwhile, in the watch segment, Hublot made “solid progress,” LVMH said, adding new models to its product lineup via collaborations, including partnerships with Ferrari and Juventus Football Club.
The brand saw “solid growth,” driven by its Classic Fusion, Big Bang, and Spirt of Big Bang lines, particularly in its directly operated stores.
TAG Heuer continued to focus on its iconic lines, such as its Formula 1 and Carrera models.
The brand recently partnered with Porsche, becoming Title and Timing Partner of the Porsche Formula E Team.
Outside of watches and jewelry, LVMH reported growth across all divisions, which include fashion and leather goods, wines and spirits, perfume and cosmetics, and selective retailing.
Its fashion and leather goods division saw the strongest growth, with revenue climbing 22 percent organically to €15.87 billion ($17.42 billion).
Louis Vuitton and Christian Dior saw a “remarkable performance” in the third quarter, the luxury conglomerate said.
For the nine-month period, the company reported €38.40 billion ($42.14 billion) in overall revenue while its watches and jewelry division brought in €3.26 billion ($3.58 billion).
The Paris-based company did not provide details on its financial outlook for the year ahead but said it will continue to focus on innovation and expanding its presence in “promising” markets.
LVMH’s retail network includes 4,699 stores as of June 30.
The Latest

They’re a testament to the power of excellent design.

This year’s honorees include one of Florida’s largest independent jewelers and two multi-store independents in the Chicago and New York areas.

The most trusted diamond report, available in print or the GIA App.

The industry’s most influential contemporary designers are showcasing their latest jewelry designs.


Created by Maitri Lab-Grown Diamonds and graded by IGI, it’s slightly bigger than the record-setting lab-grown diamond GIA just examined.

The marketing agency has integrated its first C-suite.

Navigate origin determination with Continuing Education seminars offered by the GIA Alumni Collective™.

The jewelry trade show also will debut educational content centered around social media.

Luxury kicks off today, with the full show in swing on Friday.

One of the three new collections was inspired by the legend of a woman who traded her mansion to Cartier for two strands of natural pearls.

Rob Ballew will be tasked with communicating the jewelry giant’s plans and financial performance to investors.

With the app, customers receive a 15-day insurance offer on new purchases while their coverage needs are being evaluated.

It is in House of Showfields, a bazaar-style retail space in the borough’s Williamsburg neighborhood.

From consumer trends to retail technology, these are the JCK Talks sessions that should be on attendees’ radar.

Signature pieces from Cartier and David Webb will appear in the June jewelry auction.

They will be celebrated at the annual dinner dance and gala in the fall.

Gemologists have long used machines in diamond grading but technology has made it possible for them to “learn” how to do it on their own.

Supplier Spotlight Sponsored by IGI

Watch retailers Jeffery Bolling and Bobby Bengivengo discuss employee training, customer education and the sticky subject of future value.

Set with a 118-carat unheated Sri Lankan sapphire, it just sold for $3.4 million at Phillips jewelry auction in Hong Kong.

Sponsored by Noam Carver

As cybercrime incidents threaten the industry, jewelers need to know what they’re up against and the best ways to protect their businesses.

The Pittsburgh jeweler is redoing the lighting and showcases, and adding a full hospitality bar as well as new shop-in-shops.

The Yurman Family Crystalline Pass is inside the museum’s brand-new Richard Gilder Center.

Zale has more than 40 years’ experience in the diamond industry, including 17 years as Stuller’s VP of diamonds and gemstones procurement.

The Strip is full of new restaurant and entertainment offerings.