Gold jewellery frenzy: Strong sales continue in Asia
Sales for Hong Kong retailer Luk Fook significantly increased in the third quarter off the back of improving tourism and the popularity of gold jewellery. The retailer recorded a…
Sales for Hong Kong retailer Luk Fook significantly increased in the third quarter off the back of improving tourism and the popularity of gold jewellery. The retailer recorded a…
Retailer Watches of Switzerland has lowered its full-year forecast, citing an adverse market for luxury timepieces. The UK-based retailer expects sales of between £1.53 billion ($AU2.95 billion) and £1.55…
The 70th-anniversary celebration of the Italian jewellery fair Vicenzaoro January has been overshadowed by violent clashes between protestors and police. More than 1,300 exhibitors from almost 40 countries were…
Michael Hill International (MHI) has confirmed job cuts and store closures after a sharp decline in first-half earnings. The retailer is expected to report comparable earnings of between $30…
Earlier this month, Australasia’s largest jewellery industry buying group, Nationwide Jewellers, announced plans for an educational trip to the US. Nearly every booking was sold within hours. Nationwide members…
Jewellery was the top-performing division of Swiss luxury goods company Richemont in the past quarter off the back of increasing demand in Asia and the US. Sales at Cartier,…
In the past month, it was revealed that the Jewellers Association of Australia (JAA) may have breached government reporting regulations following an amendment of its Constitution. This week, the…
French luxury conglomerate Louis Vuitton Moët Hennessy (LVMH) has entered discussions with social media platform TikTok in a bid to curb counterfeiting. TikTok recently launched an e-commerce service in…
One of the world’s leading luxury brands, Louis Vuitton, has begun the new year with an experiment into unknown territory – launching a men’s fine jewellery collection. The collection…
Hong Kong jewellery retailer Chow Tai Fook has reported another quarter of strong sales as tourism continues to improve in Asia. Sales in the third quarter increased by 46…