【France】LVMH Begins Cuts: Moët Hennessy to Adjust 10% of Its Workforce
Editor’s NoteLVMH, the world’s largest luxury group, is initiating a workforce reduction within its Moët Hennessy wines and spirits division, citing…
Financial Results
【India】International Gemmological Institute Reports Strong Q1 2025 Performance and Robust Demand for Certification Services
Editor’s NoteThe International Gemmological Institute (India) Limited (IGI) has reported strong unaudited results for the quarter ending March 31,…
LVMH Watch & Jewellery Division Holds Steady with €2.48 Billion Revenue in Q1 2025
Editor’s NoteLVMH’s Watches & Jewellery division has reported stable first-quarter revenue for 2025, showing a slight 1% year-on-year increase. This…
【France】Industry News: LVMH Reports Minor Loss of Revenues in Q1 2025 Despite Uncertain Environment
Editor’s NoteThis article examines LVMH’s Q1 2025 results, highlighting the luxury giant’s resilience amid ongoing global economic and geopolitical…
【India】IGI IPO Day 1 Live Updates: Key Highlights, Subscription Status, and Insights
Editor’s NoteThe Blackstone-backed International Gemological Institute (India) Ltd (IGI) has launched its initial public offering (IPO), with the…
【法国】Anglo American Penalized by Diamond Market Debacle
Editor’s NoteAnglo American’s $3.1 billion net loss for 2024 underscores the severe and ongoing challenges within its De Beers diamond unit, which…
LVMH Stumbles: 2024 Annual Revenue Down 2%, Net Profit Plummets 17%
Editor’s NoteThe luxury market is showing clear signs of divergence. While industry giants like LVMH and Kering face headwinds, other players such as…
【Zurich, Swit】Richemont: Jewels Enrich Swiss Giant’s 24/25 Balance Sheet While Watch Sales Slow. Stock Rises on Market
Editor’s NoteRichemont’s latest results highlight a resilient performance, with strong jewellery sales driving profit growth despite challenges in…
【Switzerland】Swiss Richemont Group’s Global Revenue Flat in First Half, China Market Down 27%
Editor’s NoteRichemont’s latest results highlight the resilience of its core jewelry business amid challenging market conditions. While sales held…
【France】LVMH Reports Growth For Q1 2019, Including the Watches & Jewelry Division
Editor’s NoteLVMH’s strong first-quarter results, with revenue up 16%, provide an early and positive signal for the global luxury sector in 2019. A…