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.

Watches of Switzerland store in the Mall of America
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

The company reported record sales, driven by desire for classic lines like Cartier “Panthère” and “Alhambra” from Van Cleef & Arpels.

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A selection of jewels from Brilliant Earth’s cocktail ring collection
FinancialsMay 15, 2023
Brilliant Earth Beats Estimates Amid Growth in Non-Bridal Jewelry Sales

CEO 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.

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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.

Boucheron's “New Maharani Necklace”
FinancialsApr 26, 2023
Kering’s Jewelry Brands Shine as Gucci Recovers

Boucheron had a “remarkable” first quarter while Pomellato posted solid growth.

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More than 130 Made in Italy Manufacturers will be exhibiting at JCK Las Vegas and Couture under the Extraordinary Italian Jewelry banner.

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FinancialsApr 13, 2023
LVMH Talks Tiffany Flagship Reopening, Makes Another Acquisition

Alongside its first-quarter results, LVMH announced it has scooped up a prominent French jewelry manufacturer primarily for Tiffany & Co.

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FinancialsMar 24, 2023
Movado Predicts Declining Sales Amid ‘Volatile’ Retail Environment

The watch company expects first-quarter sales to fall as much as 15 percent due to inflation and tough comps.

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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.

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FinancialsMar 16, 2023
Brilliant Earth Took a Record Number of Orders in 2022

In 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 Kering

The luxury titan’s revenue was up 15 percent year-over-year, though sales slipped in the fourth quarter.

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FinancialsFeb 10, 2023
Watches of Switzerland’s U.S. Sales Continue Climbing in Q3

Demand for luxury watches continues to exceed supply, spelling a strong quarter for the company.

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FinancialsFeb 08, 2023
Pandora to Open More Stores, Expand Lab-Grown Diamond Line

In its full-year results, the Danish jeweler outlined its plans for the year ahead.

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FinancialsJan 27, 2023
Tiffany & Co. Shines for LVMH in 2022

Acquired in 2021, the brand’s high jewelry sales have doubled and its new “Lock” collection was an instant hit.

FinancialsJan 18, 2023
Richemont’s Jewelry Sales Up Double Digits in Q3

Buccellati, Cartier, and Van Cleef & Arpels posted strong sales in the luxury titan’s third quarter.

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FinancialsDec 06, 2022
Signet Anticipates Solid Holiday Season, Raises Guidance

The jewelry giant posted a decline in same-store sales in the third quarter but is gearing up for a season of growth.

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FinancialsNov 23, 2022
Movado Lowers Guidance Amid ‘Uncertain’ Retail Environment

Its Q3 sales dipped as inflation took its toll on shoppers in the U.S. and Europe.

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FinancialsNov 14, 2022
Richemont Warns of ‘Volatile Times Ahead,’ Even as Sales Rise

The CEO of Cartier told Bloomberg it will be toning down some of its marketing in response to the sharp increase in the cost of living.

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FinancialsNov 14, 2022
Brilliant Earth Lowers Guidance Amid Macro Headwinds

The jewelry company posted a strong third quarter but remains cautious about the rest of the year.

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FinancialsNov 10, 2022
Watches of Switzerland’s U.S. Sales Soar 86% in H1

The company opened five stores in the United States in the second quarter as it continues growing its footprint.

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FinancialsNov 08, 2022
Heading Into Q4, Pandora Raises Prices on Select Items 4%

Announced during its Q3 earnings call, Pandora also spoke on its new lab-grown diamond jewelry line.

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FinancialsOct 21, 2022
Kering Sees Q3 Sales Rise 23% in ‘Increasingly Complex Environment’

Sales for the division that includes the company’s jewelry brands rose 17 percent, fueled by company-owned stores, not wholesale.

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FinancialsOct 12, 2022
Tiffany & Co., Bulgari Drive Jewelry Growth for LVMH

LVMH’s jewelry and watch sales grew 25 percent in Q3, with Tiffany’s new “Lock” collection off to a “solid start” in the U.S.

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FinancialsSep 01, 2022
Signet Sets Sights on Bridal Market as Q2 Sales Slip

Pre-wedding events, like a bridal shower, represent a $1.9 billion gifting opportunity, said the jewelry giant.

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FinancialsAug 26, 2022
Movado Sees ‘Continued Weakness’ in U.S. After Q2 Sales Slow

The company lowered its full-year guidance, citing increased economic uncertainty.

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FinancialsAug 17, 2022
Watches of Switzerland’s US Sales Double in Q1

The company posted a strong start to the year but is cautious about the second half.

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FinancialsAug 12, 2022
Brilliant Earth’s Fine Jewelry a Hit in Q2

The company is also continuing its retail expansion.

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FinancialsJul 28, 2022
Boucheron, Pomellato Deliver ‘Very Solid’ Performances for Kering

Revenue for the group that includes Kering’s jewelry brands grew 32 percent in the first half of 2022.

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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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