Hong-Kong jeweler Chow Tai Fook has reported strong sales figures in the opening quarter amid the return of tourism to the region. Retail sales increased by 29 percent on…
There's optimism in the air for retailers following the latest sales analysis of Australia's independent jewelery stores from Retail Edge, highlighted by a bounce-back. Data from June shows comparative…
Chow Tai Fook increased its revenue by 38 per cent in the opening two months of the financial year amid the relaxation of pandemic restrictions. In the past year,…
Signet Jewelers has lowered its forecast for the remainder of the year after sales declined in the opening quarter. Revenue for the world's largest retailer of diamond jewelery decreased…
Major retailers and small independents alike have expressed concern about consumer spending trends. Despite discretionary spending continuing to slow the Australian Bureau of Statistics reported that consumers spent more…
The latest performance analysis of more than 400 independent Australian jewelery stores has been released by Retail Edge, identifying a further softening of sales. The data from April showed…
The Richemont Group has published its latest full-year financial report, recording a 21 per cent increase in jewelery sales off the back of easing pandemic restrictions in Asia. Sales…
The world's largest mass-market jewelry brand, Pandora, has reported a modest increase in revenue in the opening quarter of 2023. Revenue improved by one percent on a year-by-year comparison,…
The positive news from Asia continued this week with Hong Kong retailer Luk Fook confirming a significant increase in same-store sales. With COVID restrictions relaxing in Hong Kong during…
French luxury conglomerate Louis Vuitton Moët Hennessy (LVMH) has begun 2023 on a positive note, reporting an 11 per cent rise in jewelery and watch sales. In a statement…