FinancialsNov 14, 2023
Richemont’s H1 Jewelry Sales Climb 10%Rising jewelry sales and a rebound in the Asia-Pacific region were the main growth drivers for the company as a whole.
Financials
Read the latest earnings reports from the industry’s high-volume sellers
FinancialsNov 13, 2023
Brilliant Earth Lowers Guidance As Bridal Market SlowsIn its recent third-quarter results, CEO Beth Gerstein also shared her holiday prediction for the upcoming season.
FinancialsNov 09, 2023
Sales increased 5 percent after a down quarter as the brand saw in-store traffic pick up.
Latest in Financials
FinancialsDec 01, 2023
Movado Lowers Guidance Again After Q3 Sales DipThe company said it is facing a “challenging retail environment” but is prepared for the holiday season.
FinancialsNov 08, 2023
Watches of Switzerland’s Jewelry Sales Sink in Q2Sales of pre-owned watches, however, grew 80 percent following the company’s rollout of the Rolex Certified Pre-Owned program.
FinancialsOct 25, 2023
Kering’s Q3 Sales Slide Amid Luxury Sales Slowdown However, the company’s jewelry brands seemed to hold their own.
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FinancialsOct 11, 2023
LVMH Posts Muted Q3 Growth, Jewelry Sales SlowThe luxury titan pointed to softening luxury sales, especially in the U.S. and Europe.
Weekly QuizNov 30, 2023
This Week’s QuizTest your jewelry news knowledge with this short test.
FinancialsAug 31, 2023
Signet’s Q2 Same-Store Sales Fall 12% Macroeconomic pressures like inflation and a decline in the number of people popping the question took a toll on the jeweler.
FinancialsAug 25, 2023
Movado Lowers Guidance Amid Q2 Sales Struggles The company noted a “challenging environment for consumer discretionary products.”
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The Most Important “C” in Diamonds: Confidence!Without the ability to instill confidence within the industry and directly to the consumer, a diamond holds very little value.
FinancialsAug 16, 2023
Pandora’s US Sales Improve in Q2 Mother’s Day and “The Little Mermaid” helped make a difference, though the company’s U.S. sales are still lagging behind last year.
FinancialsAug 15, 2023
Watches of Switzerland Rolls Out Rolex CPO Program in US The retailer described early results as “encouraging” and said it will introduce the program in the U.K. in September.
FinancialsAug 10, 2023
Brilliant Earth Sees Slight Increase in Q2 SalesThe retailer reported a record-breaking number of orders for the quarter amid strong Mother’s Day sales but average order value declined.
FinancialsJul 28, 2023
Kering’s Jewelry Brands Shine in H1The luxury titan also announced it acquired a 30 percent stake in Italian luxury brand Valentino and named a new CFO.
FinancialsJul 26, 2023
LVMH’s Jewelry, Watch Sales Up 11% in H1Despite its strong results, the luxury titan remained cautious about the rest of the year due to economic and geopolitical uncertainty.
FinancialsJul 18, 2023
Richemont’s Q1 Jewelry Sales in the Americas Fall FlatThe owner of Cartier and Van Cleef & Arpels also said online-only retailers are facing a “globally challenging environment.”
FinancialsJun 08, 2023
Signet’s Q1 Same-Store Sales Fall 14%, Plans to Close 150 StoresThe jewelry giant noted lower-than-expected Mother’s Day sales and increasing macroeconomic pressures.
FinancialsMay 26, 2023
Movado Sales Slip in Q1 Amid Inflation Woes, Tough CompsThe company has plans to revamp the Movado brand and offer less expensive watches this year.
FinancialsMay 18, 2023
Watches of Switzerland’s Full-Year U.S. Sales Climb 52%CEO Brian Duffy also detailed a new joint venture partnership with Audemars Piguet.
FinancialsMay 15, 2023
Richemont Chair Shoots Down Reports of Acquisition by LVMH The company reported record sales, driven by desire for classic lines like Cartier “Panthère” and “Alhambra” from Van Cleef & Arpels.
FinancialsMay 15, 2023
Brilliant Earth Beats Estimates Amid Growth in Non-Bridal Jewelry SalesCEO Beth Gerstein also spoke about the retailer's store count, its resonance with Gen Z shoppers, and more on the company’s Q1 earnings call.
FinancialsMay 04, 2023
In Q1, Pandora Notes ‘Heightened Consumer Hesitancy’ in US Pandora’s like-for-like sales were flat globally while they fell 7 percent in the United States.
FinancialsApr 26, 2023
Kering’s Jewelry Brands Shine as Gucci RecoversBoucheron had a “remarkable” first quarter while Pomellato posted solid growth.
FinancialsApr 13, 2023
LVMH Talks Tiffany Flagship Reopening, Makes Another AcquisitionAlongside its first-quarter results, LVMH announced it has scooped up a prominent French jewelry manufacturer primarily for Tiffany & Co.
FinancialsMar 24, 2023
Movado Predicts Declining Sales Amid ‘Volatile’ Retail EnvironmentThe watch company expects first-quarter sales to fall as much as 15 percent due to inflation and tough comps.
FinancialsMar 16, 2023
Winter Weather, Declining Engagements Weigh on Signet’s Results The jewelry giant’s full-year sales were essentially flat, brought down by fourth-quarter declines.
FinancialsMar 16, 2023
Brilliant Earth Took a Record Number of Orders in 2022In its recent results, the company highlighted non-bridal jewelry sales and said its “inventory-light” showroom model may change.
FinancialsFeb 15, 2023
Boucheron, Pomellato Post ‘Outstanding' Year for KeringThe luxury titan’s revenue was up 15 percent year-over-year, though sales slipped in the fourth quarter.
FinancialsFeb 10, 2023
Watches of Switzerland’s U.S. Sales Continue Climbing in Q3Demand for luxury watches continues to exceed supply, spelling a strong quarter for the company.
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