Chow Tai Fook records significant sales rebound
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,…
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June 12, 2023
Cost-of-living pressures cause for concern for jewelery retailers
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…
June 4, 2023
Retail Edge urges caution in latest market assessment
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…
June 1, 2023
Weakened sales headlines April for jewelry retailers
Retail Edge's analysis of the sales performance in more than 400 independent Australian jewelery stores has revealed a softening of sales. The data from April shows comparative overall sales…
May 2, 2023
New acquisition for LVMH amid impressive opening quarter
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…
April 16, 2023
Modest sales wins for Australian jewelry retailers
The latest analysis of sales performance in Australian independent jewelery stores from Retail Edge has uncovered minor positive trends. February's data showed comparative overall sales dollar performance. finished in…
April 2, 2023
Optimism following February’s retail jewelery analysis
Retail Edge's latest analysis of sales performance in Australian independent jewelery stores has revealed positive trends in February. In terms of data January was curiousas a decline in comparative…
March 2, 2023
Fourth quarter strategy successful for Pandora
Pandora enjoyed a 9 percent increase in revenue in the fourth quarter of 2022 amid strong demand for its lab-created diamond range. The world's largest mass-market jewelry brand reported…
February 14, 2023
Decline during holiday season for Australian retailers
Following 11 consecutive months of increasing turnover, the Australian Bureau of Statistics (ABS) has reported a 3.9 per cent decline in December of 2022. ABS head of statistics Ben…
February 8, 2023
Surprise reversal pattern observed in Australian jewelery sales
Retail Edge has released its analysis of the performance of the Australian jewelery market in January, noting an unusual change in pattern in two key areas of examination. …
February 1, 2023