FinancialsJan 27, 2023
Tiffany & Co. Shines for LVMH in 2022Acquired in 2021, the brand’s high jewelry sales have doubled and its new “Lock” collection was an instant hit.
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195 results for “Financial Results”
SurveysJan 19, 2023
Inflation, Rising Interest Rates Put a Damper on Holiday SalesHoliday sales fell short of the National Retail Federation’s expectations, rising only 5 percent year-over-year.
FinancialsJan 18, 2023
Richemont’s Jewelry Sales Up Double Digits in Q3Buccellati, Cartier, and Van Cleef & Arpels posted strong sales in the luxury titan’s third quarter.
SourcingJan 03, 2023
De Beers’ Rough Diamond Sales Near $6B for the Year Strong jewelry sales and manufacturers’ desire to secure supply with known provenance pushed rough sales to their highest level since 2018.
FinancialsDec 06, 2022
Signet Anticipates Solid Holiday Season, Raises GuidanceThe jewelry giant posted a decline in same-store sales in the third quarter but is gearing up for a season of growth.
FinancialsNov 23, 2022
Movado Lowers Guidance Amid ‘Uncertain’ Retail EnvironmentIts Q3 sales dipped as inflation took its toll on shoppers in the U.S. and Europe.
SourcingNov 17, 2022
De Beers’ Oct/Nov Rough Sales Total $450MAs in September, the company’s sales were up slightly year-over-year but down month-to-month.
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.
FinancialsNov 14, 2022
Brilliant Earth Lowers Guidance Amid Macro HeadwindsThe jewelry company posted a strong third quarter but remains cautious about the rest of the year.
FinancialsNov 10, 2022
Watches of Switzerland’s U.S. Sales Soar 86% in H1The company opened five stores in the United States in the second quarter as it continues growing its footprint.
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.
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.
FinancialsOct 12, 2022
Tiffany & Co., Bulgari Drive Jewelry Growth for LVMHLVMH’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.
SourcingOct 06, 2022
In September, De Beers’ Rough Sales Show Signs of SofteningRough diamond sales totaled $500 million, up only about 2 percent year-over-year and down 22 percent from the previous sales cycle.
FinancialsSep 01, 2022
Signet Sets Sights on Bridal Market as Q2 Sales SlipPre-wedding events, like a bridal shower, represent a $1.9 billion gifting opportunity, said the jewelry giant.
SourcingSep 01, 2022
Rough Diamond Sales Remain Steady for De Beers The company’s sales were up 21 percent year-over-year in August and essentially flat when compared with July.
FinancialsAug 26, 2022
Movado Sees ‘Continued Weakness’ in U.S. After Q2 Sales SlowThe company lowered its full-year guidance, citing increased economic uncertainty.
FinancialsAug 17, 2022
Watches of Switzerland’s US Sales Double in Q1The company posted a strong start to the year but is cautious about the second half.
Lab-GrownAug 16, 2022
Pandora’s Lab-Grown Diamond Line Heads to the U.S.The announcement preceded the Danish company’s release of its second-quarter results.
FinancialsAug 12, 2022
Brilliant Earth’s Fine Jewelry a Hit in Q2The company is also continuing its retail expansion.
SourcingJul 29, 2022
De Beers Sales Rise 23% YOY in July Despite unusually high summertime sales, the company’s CEO said the industry remains “watchful.”
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.
FinancialsJul 27, 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.
FinancialsJul 15, 2022
For Richemont, Strong U.S. Q1 Sales Offset Slump in ChinaIts jewelry houses, which include Cartier and Buccellati, posted double-digit growth.
FinancialsJul 07, 2022
US Sales Grow 44% for Watches of Switzerland in ‘Tremendous’ YearPlus, CEO Brian Duffy on how supply shortages have spread to brands beyond Rolex and Patek Philippe.
