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sales analysis

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Retail rebound continues: Strong jewellery sales in Asia
Blog

Retail rebound continues: Strong jewellery sales in Asia

Hong Kong jewellery retailer Chow Tai Fook has announced another quarter of increasing sales. Chow Tai Fook is the world’s second-largest jewellery retailer in the world by market value,…

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April 15, 2024
Russian diamonds: Sales rise despite sanctions
Blog

Russian diamonds: Sales rise despite sanctions

Russian diamond producer Alrosa has reported a 9 per cent increase in revenue despite ongoing sanctions from Western countries in response to the conflict in Ukraine. The company achieved…

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March 4, 2024
Lovisa: Strong sales as global expansion continues
Blog

Lovisa: Strong sales as global expansion continues

Australian fashion jewellery chain Lovisa has published another impressive sales report, documenting a significant increase amid international expansion. Lovisa reported an 18.2 per cent increase in sales in the…

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February 26, 2024
Sales forecast: Love is in the air ahead of Valentine’s Day
Blog

Sales forecast: Love is in the air ahead of Valentine’s Day

Australian consumers are expected to spend $465 million this Valentine’s Day, a modest decline from recent years as cost-of-living pressures continue to impact retail sales. Research from the Australian…

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February 5, 2024
Consumer confidence: Intriguing sales performance for jewellers
Blog

Consumer confidence: Intriguing sales performance for jewellers

Retail Edge has published its latest analysis of independent jewellery stores in Australia for January, detailing another modest decline in sales performance. Data collected from more than 400 independent…

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February 5, 2024
Currency headache: Swatch Group reports strong sales
Blog

Currency headache: Swatch Group reports strong sales

Swiss conglomerate Swatch Group has reported a significant increase in sales for the past financial year despite grappling with currency fluctuations. Swatch Group - which owns brands such as…

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January 28, 2024
Gold jewellery frenzy: Strong sales continue in Asia
Blog

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…

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January 21, 2024
Reality check: Watches of Switzerland lowers forecast
Blog

Reality check: Watches of Switzerland lowers forecast

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…

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January 21, 2024
Economic pressure: Michael Hill announces store closures, job cuts
Blog

Economic pressure: Michael Hill announces store closures, job cuts

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…

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January 21, 2024
Demand for gold jewellery surges for major retailer
Blog

Demand for gold jewellery surges for major retailer

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…

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January 14, 2024
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