
Kering’s jewelry houses rebound in H1
Boucheron and Pomellato performed especially well in the first half after expanding into the Asia-Pacific region.
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Boucheron and Pomellato performed especially well in the first half after expanding into the Asia-Pacific region.
The luxury titan’s watch and jewelry sales more than tripled in the first half of the year.
Among the challenges of assessing the lab-grown diamond market is the lack of published data on the sector. That’s largely because none of the companies operating in the space are publicly traded, which would require them to disclose metrics such as sales, profit and production.
Sotheby’s decision to sell a 101.38 ct. pear-shape D color flawless diamond at a single-lot auction that allowed cryptocurrency was a weird, audacious gamble—that appears to have paid off.
A 2.00-ct pink has become the most expensive diamond from the iconic Argyle mine ever sold at an auction or public tender.
These five themes are defining the diamond market this year, and likely beyond.
Chopard is once again the official jewelry partner for the Cannes Film Festival, and over the past week-plus, the jeweler has delivered some stunning red carpet moments.
The Kimberley Process Civil Society Coalition (CSC) recently said that it is planning to approach the United Nations (UN) over the impasse on the redefinition of conflict diamonds and the principles of responsible sourcing.
The diamond industry is in its healthiest state in over a decade, but it will need to be proactive if it wants to maintain that progress.
Factors such as US fiscal policy and Chinese jewelry demand are boosting the market for now, but inflation and other complications are on the horizon.
Sharp growth at Richemont’s jewelry and watch brands buoyed the luxury company’s revenues in the first fiscal quarter amid a strong recovery in the US market.
‘Create Beautiful’ video released in Cannes at the occasion of the launch of the Progress Report.