LVMH to Acquire French Jewelry Group in Tiffany Boost April 13, 2023 Luxury conglomerate agrees to buy majority stake in Platinum Invest. Retail
Jewelry Proves Strong Contributor to LVMH Revenue April 13, 2023 Sales from category up 11% in first quarter. Retail
Tse Sui Luen Warns of Loss Amid China Slowdown April 10, 2023 Hong Kong-based jeweler expects to be $9 million in the red for full fiscal year. Retail
Gismondi Acquires LVMH Subsidiary Vendorafa April 9, 2023 Takeover will give Italian high jeweler “leadership role in goldsmithing.” Retail
NRF Expects Softening of US Retail Sales in 2023 April 3, 2023 Growth will be slower amid inflation, rising unemployment and banking turmoil. Retail
The Diamonds US Consumers Want April 2, 2023 Sparkling in the States: Industry insiders share their biggest sellers. Industry
Hong Kong Luxury Sales Skyrocket as Visitors Return April 2, 2023 Revenue from jewelry, watches and clocks up 129% year on year in February. Retail
Pandora Hires Head of Retail Operations March 30, 2023 Massimo Basei’s responsibilities will include network expansion, franchise relations and global merchandising. Retail
Closures, Drop in Currency Weigh on Chow Sang Sang Sales March 29, 2023 Annual revenue down 7% year on year in 2022. Retail
Positive Sentiment Despite Lower Traffic at Maastricht Fair March 26, 2023 TEFAF art exhibition sees drop in visitor numbers following three years of Covid-19 disruptions. Industry