FinancialsJan 17, 2025
Richemont’s Jewelry Sales Rise 14% in Holiday QuarterThe company, which owns Cartier and Van Cleef & Arpels, had a record Q3, with sales topping $6 billion.
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286 results for “Financial Results”
FinancialsJan 14, 2025
Signet Jewelers Lowers Q4 Guidance After Holiday Sales Fall ShortThe peak selling days leading up to Christmas did not meet the jewelry retailer’s expectations.
FinancialsDec 09, 2024
Movado’s Q3 Sales Down 3% Amid ‘Challenging’ EnvironmentThe retailer has been upping its marketing spend to drive revenue growth and brand awareness.
FinancialsDec 06, 2024
Roberto Coin Acquisition Gives Watches of Switzerland a Boost in H1The retailer’s jewelry sales doubled, with branded jewelry performing especially well.
FinancialsDec 05, 2024
Signet Jewelers’ Q3 Sales Slide Amid Slow Engagement Ring Sales, Tech IssuesThe jewelry retailer addressed the lab-grown diamond “disruption,” the price of gold, and its holiday weekend performance.
FinancialsNov 12, 2024
Cartier, Van Cleef & Arpels Continue to Shine for Richemont Richemont’s jewelry sales ticked up 2 percent in the first half of the year, while watch sales plummeted 17 percent.
FinancialsNov 08, 2024
Brilliant Earth’s Q3 Sales Fall 13%Plus, CEO Beth Gerstein shares her insight on the holiday season and the possibility of new tariffs.
FinancialsNov 06, 2024
Pandora Posts Double-Digit Revenue Growth in Q3The Danish jewelry company plans to open up to 150 concept stores this fiscal year.
FinancialsOct 31, 2024
Charles & Colvard Faces Possible Nasdaq DelistingThe retailer said it will file the necessary paperwork to regain compliance as soon as it is able.
FinancialsOct 24, 2024
Kering’s Jewelry Brands ‘More Resilient’ Than Other Luxury Goods in Q3 Sales fell 15 percent for the luxury conglomerate in the third quarter, led by a 26 percent drop in sales for flagship brand Gucci.
FinancialsOct 16, 2024
LVMH Jewelry, Watch Sales Down 5 Percent So Far This Year Sales slipped 4 percent in the third quarter in an environment the company described as economically and politically uncertain.
FinancialsSep 12, 2024
Signet Jewelers’ Q2 Sales Fall 8% The jewelry giant said it expects to see an uptick in engagements in the second half of the year.
FinancialsSep 06, 2024
Movado Lowers Guidance as Q2 Sales SlipCEO Efraim Grinberg pointed to a challenging consumer spending environment, particularly in the watch category.
FinancialsAug 13, 2024
Pandora Raises Guidance Again as Q2 Sales Climb Double DigitsThe jewelry retailer is eyeing expansion, increasing the number of stores it plans to open this year.
FinancialsAug 09, 2024
Brilliant Earth Lowers Guidance Following Q2 Sales Dip The jewelry retailer is forecasting sales will fall as much as 14 percent in its third quarter.
SourcingJul 25, 2024
De Beers’ H1 Revenue Falls 21% in ‘Weak’ MarketLab-grown diamond sales in the United States and ongoing economic challenges in China are impacting natural diamond demand.
FinancialsJul 25, 2024
Boucheron, Pomellato Post Double-Digit Growth in Q2 The gains come amid a tough time for parent company Kering, which saw sales slide 11 percent in the first half of the year.
FinancialsJul 24, 2024
LVMH’s First-Half Jewelry, Watch Sales Dip 5%Tiffany & Co. is focusing on its “iconic” collections while the company has made changes at the top at TAG Heuer and Hublot.
SourcingJul 23, 2024
De Beers’ Production Drops 15% in Q2The company also reported the $150 million sale of an iron ore royalty right, part of its ongoing effort to divest “non-core” assets.
FinancialsJul 17, 2024
Richemont’s Q1 Jewelry Sales Up 2%In contrast, the luxury giant’s watch sales fell 14 percent.
SourcingJun 27, 2024
De Beers’ Rough Diamond Sales Sink 31%The company sold $315 million in rough in the fifth sales cycle of the year, down from $456 million in the same period last year.
FinancialsJun 13, 2024
Signet Awaits Engagement Recovery as Q1 Sales Sink 9%The company is expecting to see a 5 to 10 percent increase in engagements this year.
FinancialsMay 31, 2024
Movado’s Q1 Sales Fall 6%The company attributed the decline to a “challenging” retail environment.
SourcingMay 24, 2024
De Beers’ Sales Slide in Fourth Round of Sales This Year The company sold $380 million in rough diamonds, compared with $479 million in the same period last year.
FinancialsMay 17, 2024
Richemont Appoints Van Cleef & Arpels’ Nicolas Bos as New CEOThe announcement coincided with its full-year results, with growth driven by its jewelry brands.
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