IndependentsSep 29, 2026
Christy Bromberg, Longtime Gift Buyer for Underwood Jewelers, Dies at 68She is remembered for her joie de vivre, upbeat personality, genuine interest in other people, and love of the Alabama Crimson Tide.
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
AuctionsSep 29, 2026
Dionne Warwick’s Jewelry Goes Up for AuctionOnline bidding is open now for Julien’s sale of items owned by the “Walk On By” singer, whose final album comes out this fall.
Events & AwardsSep 29, 2026
Matt Stuller to Receive 2027 Gem Award for Lifetime AchievementThe founder and executive chairman of Stuller Inc. is being honored for his impact on the jewelry industry at the 25th annual Gem Awards.
Brought to you by
Meet Gemology’s Next Generation Microscope: GIA® Gemolite® NXT Professional EditionExperience gemstones with greater precision and comfort than ever before.
ColumnistsSep 29, 2026
Your Holiday Marketing Has a Bridal Blind SpotDecember is the most popular month to propose, and jewelers need to keep that in mind when planning their holiday marketing.
Weekly QuizSep 25, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
AuctionsSep 29, 2026
If You Love Cats, This Jewelry Auction Is for YouCat ladies of the jewelry world, unite. Sandy Lerner’s collection of cat jewelry and other objects is going up for auction Wednesday.
CollectionsSep 28, 2026
De Beers London Drops Water-Inspired High Jewelry Collection“Vibrations” features several firsts for De Beers’ high jewelry, including the use of chalcedony and diamonds sourced from artisanal miners.
Brought to you by
Your Piece Could Be the One Editors Talk AboutSubmit your pieces for a chance to win in this year's competition.
CollectionsSep 28, 2026
Jessica McCormack Turns to Classic Motif for New CollectionThe “Bows” collection features three interpretations of the bow motif designed with Georgian and Victorian influences.
Events & AwardsSep 28, 2026
Guy Borenstein, Troy Underwood Among the Professionals Honored at AGS Conclave 2026The American Gem Society recognized industry members, one Guild, and a law enforcement official for their contributions to jewelry.
WatchesSep 25, 2026
Smaller Rolex Watches Showing Strength on Secondary Market, Data ShowsFive of the 10 fastest-appreciating Rolex models on Bob’s Watches were Datejust 31 or Lady Datejust watches.
MajorsSep 25, 2026
Sherwood Family Buys Back Daniel’s Jewelers from Private EquityThe Sherwood family and AJS Creations CEO Tejas Shah purchased the jewelry chain back from Palladium Equity Partners.
Lab-GrownSep 25, 2026
Brilliant Earth Collabs with Elizabeth Taylor Estate on Jewelry Collection“The Elizabeth Taylor Collection” uses lab-grown diamonds and gemstones in contemporary designs inspired by the icon.
TrendsSep 25, 2026
A Peek at Taylor Swift’s Game-Day DiamondsThe artist wore Dana Rebecca Designs’ marquise diamond-set gold hoops at the Chiefs game last Sunday. Now they’re our Piece of the Week.
CrimeSep 24, 2026
From Conclave: Security Measures Jewelers Should Be TakingJSA and Jewelers Mutual shared advice on spotting suspicious behavior, combatting cell phone jammers, and staying safe at home.
AuctionsSep 24, 2026
8-Carat Blue Diamond Heads to UK Jewelry AuctionThe fancy light blue diamond is estimated to fetch up to $2.6 million at Elmwood’s next week.
TrendsSep 24, 2026
This New Jewelry Book Decodes the Secret Meaning in Victorian Jewelry“Secret Language of Victorian Jewelry” unveils the meaning behind the symbols, motifs, and gemstones used in Victorian-era jewelry.
Lab-GrownSep 24, 2026
Kira Jewels Opens B2B E-Commerce Portal for Lab-Grown Diamond Jewelry KIRAJewels.one gives retailers access to more than 500 SKUs of lab-grown diamond rings, earrings, necklaces, and bracelets.
TrendsSep 23, 2026
Holiday Diamond Jewelry Trends: Layered Looks, PersonalizationThis holiday season, look to pieces that will help to fill out customers’ everyday diamond jewelry wardrobe, experts say.
SourcingSep 23, 2026
Organization That Promotes Natural Diamond Rebrands for Third Time The Natural Diamond Council is now The Diamond Collective and has announced a new strategy under CEO Amber Pepper.
IndependentsSep 23, 2026
This Milwaukee-Area Jeweler Is Serving the 7CsPaul’s Jewelers sells coffee, chocolate, and cookies from a custom gold-wrapped trailer parked outside the store starting at 7 a.m.
MajorsSep 23, 2026
Kay Jewelers’ New Campaign Goes ‘All In’ on LovePart of its brand relaunch, the marketing around the campaign includes a contest involving a jacket set with 550 diamonds.
Events & AwardsSep 23, 2026
Tiffany & Co. Exhibition Opening at Arkansas Museum The curation, opening soon at the Crystal Bridges Museum of American Art, honors the jeweler’s heritage through a distinctly American lens.
CollectionsSep 23, 2026
Pucker Up for Pandora’s New Pat McGrath Jewelry CollabThe jewelry giant has partnered with the famed makeup artist to create a colorful new collection of charms and rings.
IndependentsSep 23, 2026
Texas Jewelers Association to Celebrate 120th AnniversaryThe association will mark the milestone at its convention next month.
IndependentsSep 23, 2026
Sissy’s Log Cabin’s ‘Back to School and Bling’ Event ReturnsThe jeweler donated school supplies to Memphis, Tennessee, students during the event combining basketball and mentorship.
