CFO Jean-Marc Duplaix said Boucheron, Pomellato, and the other jewelry brands put on an “outstanding performance.”
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Watches of Switzerland’s Jewelry Sales More Than Doubled in Q4
The retailer also said demand for Rolex, Patek Philippe, and Audemars Piguet watches continues to exceed its supply.
LVMH’s Q1 Jewelry, Watch Sales Up 24%
New addition Tiffany & Co. had an excellent start to the year, the luxury titan said.
Movado’s 2021 US Sales Shot Up 61 Percent
Also, the company has donated $100,000 to charities aiding those affected by the war in Ukraine.
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Signet Cuts Ties With Russian-Owned Companies
The news preceded announcement of the company’s full-year results, which were strong.
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Brilliant Earth Reports 51% Sales Growth in 2021
The retailer attributed its success to its appeal to younger consumers, expansion in non-bridal jewelry, and growing network of showrooms.
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Kering’s Jewelry Brands Had an ‘Exceptional’ Year
The luxury conglomerate posted record overall revenue in 2021.
Watches of Switzerland’s Q3 Jewelry Sales Up 88%
Jewelry sales were strong following its acquisition of Betteridge and the opening of its first Bulgari boutique.
Pandora’s 2021 Sales Strong as Gen Z Answers Its Call
The company’s Gen-Z-focused “Pandora Me” collection put on a particularly strong performance.
LVMH’s 2021 Jewelry, Watch Sales Double
Recently acquired Tiffany & Co. put on a "record performance" in its first year with the luxury conglomerate.
Signet Raises Guidance After Strong Holiday Sales
The jewelry giant’s holiday season revenue was up 30 percent year-over-year.
Jewelry Sales Jump 38% in Q3 for Richemont
Cartier, Van Cleef & Arpels and Buccellati were top performers for the luxury conglomerate over the key holiday season.
December Retail Sales Slump, But Holiday Season Holds Strong
Though retail sales fell in December, the holiday season as a whole saw double-digit growth.
NRF Ups Holiday Spending Forecast Despite Modest November Sales
Though monthly retail sales saw only a slight increase, the organization is still predicting record spending for the holiday season.
Watches of Switzerland Posts Strong H1 Despite Supply Woes
With Rolex watches in short supply this year, the company turned to other luxury watch brands to bolster sales.
Signet Raises Guidance Again, Expands Selection of Lab-Grown Diamonds
Its additions include an exclusive lab-grown diamond cut for Zales’ “Vera Wang True” line and a lab-grown option for Kay’s “Leo” cut.
WatchBox Secures $165M in Expansion Funding
The pre-owned luxury watch platform also welcomed new members to its board.
Movado’s US Sales Up 42% in Q3
The watch company upped its fiscal guidance once again, feeling confident ahead of the holiday season.
October Retail Sales Beat Expectations Despite Rising Prices
Holiday shopping may have started early again this year, said The National Retail Federation.
Brilliant Earth’s Q3 Sales Climb 33%
It’s the jewelry company’s first time reporting its quarterly results as a public company.
Richemont’s H1 Buoyed by Watch, Jewelry Sales
Sales in both categories surpassed pre-pandemic levels in the first half.
Pandora’s Lab-Grown Diamond Line Coming to the US
The announcement coincided with the release of Pandora’s third-quarter results, with the brand posting strong growth in the U.S.
Kering’s Jewelry Brands See Strong Q3 Growth
Boucheron, Pomellato, and its other jewelry houses posted double-digit growth or stronger in the quarter.
September Retail Sales Rise Despite Supply Constraints
U.S. retail sales rose 0.7 percent last month, even as retailers battle supply chain struggles.
LVMH’s Q3 Sales Up 20%
The luxury conglomerate posted double-digit growth in the U.S. and Asia as those markets rebound.
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