CollectionsMay 04, 2026
Melanie Georgacopoulos Turns Pearls Into Light for ‘Eclipse’ CollectionThe “Eclipse” jewelry collection captures the fleeting moment where light and shadow align though onyx, diamonds, and freshwater pearls.
FinancialsJan 29, 2020
Bulgari, Hublot Bolster LVMH’s Q4 Watch, Jewelry Sales
The luxury titan’s watches and jewelry segment brought in nearly $5 billion in 2019.
A Bulgari Lucea watch paired with a tubogas bracelet. The brand was a top-performer for LVMH in the fourth. (Image credit: Bulgari Lucea tubogas / © Bulgari)
Paris—LVMH ended its fiscal year on a high note, reporting double-digit revenue growth despite a rough second half in the Hong Kong market.
Full-year revenue clocked in at €53.67 billion ($59.15 billion), a 10 percent organic increase compared with 2018.
Fourth-quarter revenue totaled €15.27 billion ($16.84 billion), an 8 percent organic increase compared with the previous fourth quarter.
The luxury titan reported “good growth” in Asia, Europe and the United States, but noted it faced a “difficult environment” in Hong Kong.
Fourth-quarter revenue in LMVH’s watches and jewelry segment totaled €1.14 billion ($1.26 billion), a 1 percent organic increase year-over-year.
Full-year revenue in the segment climbed 3 percent to €4.41 billion ($4.86 billion).
LVMH called its acquisition of Tiffany & Co. “a strategic highlight of the year.”
RELATED CONTENT: What Tiffany’s Acquisition Means for the Jewelry Industry
Bulgari reported “strong growth” as it continues to increase its market share.
The brand introduced new pieces for its high jewelry segment as well as for the Serpenti, B.Zero 1 and Diva’s Dream collections.
Bulgari’s Fiorever line, a floral-inspired collection launched in 2018, was a significant contributor to the growth in the watches and jewelry segment, LVMH said.
In addition, the Serpenti Seduttori watch, a standout in the category, was “exceptionally well-received.”
Chaumet’s iconic collections were growth drivers. The brand is nearing the reopening of its renovated store on Paris’ famed Place Vendôme.
TAG Heuer has undergone a renovation of its own, continuing to reposition its distribution network.
The brand is working to “ensure an increasingly selective presence and enhanced commercial impact,” said LVMH in its annual report.
Hublot saw “strong growth,” with the Classic Fusion, Big Bang and Spirit of Big Bang lines performing well. The brand also noted the exposure it gained via the FIFA Women’s World Cup in France over the summer.
Zenith introduced the new Inventor model into its Defy line.
LVMH held its first watch exhibition at the Bulgari Hotel in Dubai, which it deemed a “great success.”
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.
The fashion and leather goods division saw the strongest growth, with revenue up 17 percent organically to €22.24 billion ($24.51 billion). The company noted the “remarkable” performances of Louis Vuitton and Christian Dior.
Looking ahead, LVMH said it is “cautiously confident” in spite of “an uncertain geopolitical context.”
CEO Bernard Arnault addressed the potential impact of the coronavirus
Editors' Picks
Sponsored by
on China, a key market across all sectors, in an interview with reporters following the results.
“The first reaction is: ‘Don’t panic, let’s calmly analyze the situation’,” he said, as per a Reuters report.
Arnault said he was told by Chinese authorities that the peak of the virus is expected to pass within weeks and settle down by the end of March.
“If it dies out in two months or two months and a half, it’s not terrible. If it takes two years, that’s a different story,” he said.
Unrest in Hong Kong forced fourth-quarter revenue in the region down nearly 40 percent, Arnault also noted.
LVMH’s retail network includes 4,915 stores as of Dec. 30.
“The first reaction is: ‘Don’t panic, let’s calmly analyze the situation’,” he said, as per a Reuters report.
Arnault said he was told by Chinese authorities that the peak of the virus is expected to pass within weeks and settle down by the end of March.
“If it dies out in two months or two months and a half, it’s not terrible. If it takes two years, that’s a different story,” he said.
Unrest in Hong Kong forced fourth-quarter revenue in the region down nearly 40 percent, Arnault also noted.
LVMH’s retail network includes 4,915 stores as of Dec. 30.
More on Financials
The Latest
ColumnistsMay 04, 2026
The Key Mindset for Better Trade Show BuyingBuying discipline at trade shows starts with clarity about your inventory levels, Smith writes.
CrimeMay 04, 2026
Pawn Shop Manager Shot, Killed in FloridaLazaro Rodriguez Vega was murdered inside Cash Out Gold and Silver in Fort Pierce. A 20-year-old man has been charged in the case.
Brought to you by
Discover Timeless Treasures: A Showcase of Antique Jewelry & Timepieces in Las VegasGain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.
IndependentsMay 04, 2026
Zadok Jewelers, Austin Parks Foundation Support Wildflower PreservationA portion of every engagement ring sold in its Austin showroom will support the care and preservation of Austin’s wildflowers and green spaces.
Weekly QuizApr 30, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
TechnologyMay 01, 2026
Gemist, Saban Onyx Partner on Retailer-Focused Customization OfferingTheir partnership combines Gemist’s customization technology with Saban Onyx’s U.S.-based manufacturing capabilities.
SurveysMay 01, 2026
Consumer Confidence Inches Up in April Despite Rising Gas PricesRespondents were concerned about the Middle East conflict and how it will impact their finances.
Brought to you by
Las Vegas Antique Jewelry & Watch Show: Showcasing the Most Collectible Merchandise from Across the GlobeGain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.
CollectionsMay 01, 2026
A ‘Hidden Garden’ Emerges in Tiffany & Co.’s 2026 Blue BookOur Piece of the Week, the “Butterfly” necklace, showcases a 7.02-carat oval diamond set between diamond, platinum, and 18-karat gold wings.
ColumnistsApr 30, 2026
Peter Smith: A Sleazy Salesman and the Case for Regret Avoidance Smith uses a comment he overheard in the grocery store to remind retailers that their job is to inspire buying behavior, not just sell.
MajorsApr 30, 2026
Claire’s New Summer Campaign Is a Sensory Wonderland for Gen Alpha“A Girl SMR at Claire’s” celebrates girlhood through the five senses with stacked jewelry, slime toys, scented accessories, and ASMR.
AuctionsApr 30, 2026
Vintage Cartier Watch Crashes Through Records, Selling for $2MBelieved to be one of three made in 1987, the Cartier London Crash was hot at the “Shapes of Cartier” sale at Sotheby’s Hong Kong.
CrimeApr 30, 2026
Masked Group Uses Hammers, Pepper Spray in Texas Jewelry Store RobberyOfficials are looking for a group that robbed Marc Robinson Jewelers at an outlet mall in Round Rock, Texas, in broad daylight on April 21.
Supplier BulletinApr 30, 2026
OROAREZZO 2026: The B2B Event for Italian Excellence in Goldsmith, Jewelry and Silver ManufacturingSponsored by OROAREZZO International Jewelry Exhibition
TechnologyApr 29, 2026
The Thought Process Behind the Mother's Day Email Opt-OutSome retailers are taking a nuanced approach to marketing what can be a difficult holiday for many.
IndependentsApr 29, 2026
Dick Abbott to Retire From The EdgeThe Edge has announced its new CEO, as well as a new partnership with an investment firm focused on founder-led software businesses.
SourcingApr 29, 2026
De Beers’ Production Rises, Market Remains ‘Challenged’De Beers’ diamond production was up 17 percent in Q1, boosted by increased output at its mines in South Africa and Canada.
AuctionsApr 29, 2026
This'll Be the Day You Own John Wayne's RingA signet ring belonging to the Western film star of Hollywood’s Golden Age will be up for auction at Elmwood’s next month.
Policies & IssuesApr 28, 2026
Tariff Refunds: How to File, What to Expect Importers can submit claims now to receive money back for the IEEPA tariffs they’ve paid, with refunds expected to take up to 90 days.
IndependentsApr 28, 2026
This North Carolina Jeweler Is Passing the TorchThe owners of Gregory Jewelers in Morganton, North Carolina, are heading into retirement.
SourcingApr 28, 2026
Doug Hucker Retires From ICAThe colored gemstone industry leader is heading into retirement after four years as the association’s CEO.
SourcingApr 28, 2026
NDC Hires Tapestry Exec to Head Global Marketing Susie Dewey joins the Natural Diamond Council as its new chief marketing officer.
AuctionsApr 27, 2026
12 Years Later, the ‘Ocean Dream’ Diamond Resurfaces at Christie’sThe largest known fancy vivid blue-green diamond could fetch more than $12 million at its second auction appearance.
ColumnistsApr 27, 2026
Stop Treating Mother’s Day Like an AfterthoughtEmmanuel Raheb says jewelers need to start marketing early and make it easy for customers to pick a gift for mom.
IndependentsApr 27, 2026
Longnecker Jewelry Celebrates 30 YearsIn honor of the milestone, the Nebraska jeweler has debuted Leslie & Co., its new in-house jewelry brand.
MajorsApr 27, 2026
JBT Re-Elects Jeff Corey as Board ChairThe trade organization, which held its annual elections earlier this year, also added five new board members.
SurveysApr 24, 2026
Mother’s Day 2026 Jewelry Spending to Top $7B, NRF SaysNRF’s annual survey found that 45 percent of consumers plan to purchase jewelry for a loved one this Mother’s Day.
