Buccellati, Cartier, and Van Cleef & Arpels posted strong sales in the luxury titan’s third quarter.
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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.
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.
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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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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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.
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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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.
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.
Movado Sees ‘Continued Weakness’ in U.S. After Q2 Sales Slow
The company lowered its full-year guidance, citing increased economic uncertainty.
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.
Brilliant Earth’s Fine Jewelry a Hit in Q2
The company is also continuing its retail expansion.
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.
High Jewelry Shines in First Half for LVMH
The luxury conglomerate said Bulgari’s “Eden: The Garden of Wonders” and Tiffany’s “Blue Book” collections set records.
For Richemont, Strong U.S. Q1 Sales Offset Slump in China
Its jewelry houses, which include Cartier and Buccellati, posted double-digit growth.
US Sales Grow 44% for Watches of Switzerland in ‘Tremendous’ Year
Plus, CEO Brian Duffy on how supply shortages have spread to brands beyond Rolex and Patek Philippe.
Signet’s Bridal Strong in Q1 as ‘Year of the Wedding’ Continues
From its bridal offerings to a major lawsuit settlement, here are five things to know about the company’s first quarter results.
Movado Posts Record Q1 Sales Despite ‘Challenging’ US Market
The company opted not to raise its fiscal guidance, citing a slowdown in the U.S. market as a key reason.
Richemont’s 2022 Jewelry Sales in the Americas Nearly Double
Cartier, Van Cleef & Arpels, and Buccellati put on stellar performances.
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.
Brilliant Earth Reports Strong Q1 But Lowers 2022 Guidance
The company is feeling the impact of the uncertain geopolitical and macroeconomic environment, said CEO Beth Gerstein.
Pandora Posts Strong Q1 But Warns of US Slowdown Ahead
The company said the “affordable” jewelry market in the U.S. is growing slower than the overall market.
Kering’s Q1 Jewelry Sales Were ‘Exceptional’
CFO Jean-Marc Duplaix said Boucheron, Pomellato, and the other jewelry brands put on an “outstanding performance.”
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.
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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