FinancialsMay 02, 2024
Pandora Raises Guidance After Strong Q1The jeweler credits its recent “Be Love” campaign and ongoing brand revamp for its 17 percent jump in sales.
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284 results for “Financial Results”
SourcingApr 25, 2024
De Beers Lowers Production Guidance for 2024The announcement came as the company reported a 23 percent drop in production in Q1.
FinancialsApr 24, 2024
Kering’s Jewelry Brands a Bright Spot in Tough Q1The luxury titan posted declining sales, weighed down by Gucci’s poor performance.
SourcingApr 24, 2024
Rio Tinto’s Q1 Production Drops Amid Pause to Honor Lost Colleagues The mining company’s Diavik Diamond Mine lost four employees in a plane crash in January.
SourcingApr 18, 2024
Diamond Trade Remains Cautious Amid Economic UncertaintyDe Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.
FinancialsApr 17, 2024
LVMH’s Q1 Jewelry Sales Fall 5%LVMH said the company performed well despite an uncertain geopolitical and economic environment.
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.
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
Brilliant Earth Posts Record Sales, Orders in 2023CEO Beth Gerstein spoke about the growing appeal of its non-bridal fine jewelry and its expansion plans on its recent earnings call.
SourcingMar 14, 2024
De Beers Says Retailers Are ‘Restocking Conservatively’The company’s rough sales improved for the third sales cycle in a row.
Lab-GrownFeb 26, 2024
Lightbox ‘Significantly’ Lowered Its Prices in Q4The De Beers-owned lab-grown diamond company dropped the price on its standard offerings from $800/carat to $600/carat.
SourcingFeb 14, 2024
De Beers’ Rough Diamond Sales Improve Slightly The diamond miner and marketer said “solid” holiday sales in the U.S. helped stabilize the industry.
FinancialsFeb 09, 2024
Jewelry Cited as a Bright Spot in ‘Trying’ Year for Kering The luxury conglomerate owns Boucheron, Pomellato, DoDo, and Qeelin.
FinancialsFeb 08, 2024
Watches of Switzerland’s Q3 Sales Dip Due to ‘Tough’ Holiday SeasonWhile sales rose in the U.S. market, demand for watches and jewelry was slow in the U.K.
FinancialsFeb 08, 2024
5 Things to Know About Pandora’s Latest ResultsFrom lab-grown diamond sales to its holiday performance, these are the key takeaways from the jeweler’s 2023 performance.
Lab-GrownJan 29, 2024
Lab-Grown Diamond Co. Adamas One Risks Nasdaq DelistingThe company did not file its annual 10-K Form, the form that gives a comprehensive summary of financial performance over the past year.
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.
FinancialsJan 23, 2024
Watches of Switzerland Slashes GuidanceThe company pointed to a “volatile” holiday season and a challenging macroeconomic environment.
FinancialsJan 22, 2024
Jewelry Was the Strongest Performer in Richemont’s Q3Buccellati, Cartier, and Van Cleef & Arpels propelled the luxury titan to its highest quarterly sales total ever.
SourcingDec 21, 2023
De Beers’ Rough Diamond Sales Down 37% YOY The company was up against tough comps and had to curtail sales as diamond demand waned.
FinancialsDec 05, 2023
Signet Jewelers’ Q3 Sales Down 12% The retailer is still expecting a strong holiday season with improving demand for natural diamonds.
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.
SourcingNov 21, 2023
De Beers’ Rough Diamond Sales Sink to $80M India’s voluntary moratorium on rough diamond imports coupled with a stunted recovery in China continue to impact the miner.
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.
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.
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