Georgia May Jagger Tommy Hilfiger ad campaign
FinancialsMar 27, 2024
Movado’s Full-Year Sales Sink 11%

The company plans to invest $25 million in marketing initiatives to boost awareness around its namesake and licensed brands.

Tanzanite white gold ring Jared
FinancialsMar 20, 2024
Signet’s Q4 Same-Store Sales Sink 10%

The jewelry giant also posted a double-digit drop in same-store sales for the full year.

FinancialsMar 15, 2024

CEO Beth Gerstein spoke about the growing appeal of its non-bridal fine jewelry and its expansion plans on its recent earnings call.

Latest in Financials

Visual from Tiffany & Co.’s With Love Since 1837 campaign
FinancialsApr 17, 2024
LVMH’s Q1 Jewelry Sales Fall 5%

LVMH said the company performed well despite an uncertain geopolitical and economic environment.

Pomellato high jewelry earrings
FinancialsFeb 09, 2024
Jewelry Cited as a Bright Spot in ‘Trying’ Year for Kering

The luxury conglomerate owns Boucheron, Pomellato, DoDo, and Qeelin.

Watches of Switzerland store in the Mall of America
FinancialsFeb 08, 2024
Watches of Switzerland’s Q3 Sales Dip Due to ‘Tough’ Holiday Season

While sales rose in the U.S. market, demand for watches and jewelry was slow in the U.K.

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Pandora charms
FinancialsFeb 08, 2024
5 Things to Know About Pandora’s Latest Results

From lab-grown diamond sales to its holiday performance, these are the key takeaways from the jeweler’s 2023 performance.

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Tiffany flagship The Landmark
FinancialsJan 26, 2024
LVMH’s Jewelry, Watch Sales Up 3% in 2023

Highlights included the opening of Tiffany & Co.’s new flagship and record revenue for TAG Heuer.

Watches of Switzerland Mall of America store
FinancialsJan 23, 2024
Watches of Switzerland Slashes Guidance

The company pointed to a “volatile” holiday season and a challenging macroeconomic environment.

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Buccellati high jewelry collection
FinancialsJan 22, 2024
Jewelry Was the Strongest Performer in Richemont’s Q3

Buccellati, Cartier, and Van Cleef & Arpels propelled the luxury titan to its highest quarterly sales total ever.

Neil Lane lab-grown diamond engagement ring
FinancialsDec 05, 2023
Signet Jewelers’ Q3 Sales Down 12%

The retailer is still expecting a strong holiday season with improving demand for natural diamonds.

Lila Moss Calvin Klein campaign
FinancialsDec 01, 2023
Movado Lowers Guidance Again After Q3 Sales Dip

The company said it is facing a “challenging retail environment” but is prepared for the holiday season.

Buccellati Opera Galileo pendants
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.

Brilliant Earth Sol Collection
FinancialsNov 13, 2023
Brilliant Earth Lowers Guidance As Bridal Market Slows

In its recent third-quarter results, CEO Beth Gerstein also shared her holiday prediction for the upcoming season.

Grace Coddington in Pandora’s Diamonds for All campaign
FinancialsNov 09, 2023
Pandora’s US Sales Bounce Back in Q3

Sales increased 5 percent after a down quarter as the brand saw in-store traffic pick up.

Watches of Switzerland store in the Mall of America
FinancialsNov 08, 2023
Watches of Switzerland’s Jewelry Sales Sink in Q2

Sales of pre-owned watches, however, grew 80 percent following the company’s rollout of the Rolex Certified Pre-Owned program.

Pomellato Triennale tanzanite and diamond ring
FinancialsOct 25, 2023
Kering’s Q3 Sales Slide Amid Luxury Sales Slowdown

However, the company’s jewelry brands seemed to hold their own.

Bulgari high jewelry rings
FinancialsOct 11, 2023
LVMH Posts Muted Q3 Growth, Jewelry Sales Slow

The luxury titan pointed to softening luxury sales, especially in the U.S. and Europe.

Zales diamond bypass ring
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.

Movado Carmen Herrera watches
FinancialsAug 25, 2023
Movado Lowers Guidance Amid Q2 Sales Struggles

The company noted a “challenging environment for consumer discretionary products.”

Pandora Little Mermaid shell charm
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.

Watches of Switzerland American Dream mall
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.

Brilliant Earth Bloom drop earring
FinancialsAug 10, 2023
Brilliant Earth Sees Slight Increase in Q2 Sales

The retailer reported a record-breaking number of orders for the quarter amid strong Mother’s Day sales but average order value declined.

Diamond and emerald earring from Kering’s “New Maharajahs” high jewelry collection
FinancialsJul 28, 2023
Kering’s Jewelry Brands Shine in H1

The luxury titan also announced it acquired a 30 percent stake in Italian luxury brand Valentino and named a new CFO.

Bulgari sapphire and diamond necklace
FinancialsJul 26, 2023
LVMH’s Jewelry, Watch Sales Up 11% in H1

Despite its strong results, the luxury titan remained cautious about the rest of the year due to economic and geopolitical uncertainty.

Cartier Baignoire diamond pavé
FinancialsJul 18, 2023
Richemont’s Q1 Jewelry Sales in the Americas Fall Flat

The owner of Cartier and Van Cleef & Arpels also said online-only retailers are facing a “globally challenging environment.”

Lab-grown diamond jewelry from Zales’ rental service
FinancialsJun 08, 2023
Signet’s Q1 Same-Store Sales Fall 14%, Plans to Close 150 Stores

The jewelry giant noted lower-than-expected Mother’s Day sales and increasing macroeconomic pressures.

Models wearing Calvin Klein watches and jewelry
FinancialsMay 26, 2023
Movado Sales Slip in Q1 Amid Inflation Woes, Tough Comps

The company has plans to revamp the Movado brand and offer less expensive watches this year.

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From market analysis to emerging jewelry trends, National Jeweler’s Daily Newsletter covers the most important industry news of the day.


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