【Switzerland】Watchmaking Weighs Down Cartier Owner’s Otherwise Vigorous Activity, Stock Market Remains Unmoved

Editor’s NoteThis article highlights Richemont’s mixed first-quarter results, where strong jewelry sales and European performance were tempered by a…

【Switzerland】Richemont’s Growth Led by Strong Jewelry Sales

Editor’s NoteRichemont’s latest results highlight a strategic shift within the luxury sector, where the enduring appeal of high jewelry is proving a…

【South Korea】Shinsegae Department Store to Hold ‘Luxury Watch & Jewelry Fair’ Across All Stores

Editor’s NoteThis article outlines a luxury shopping event by Shinsegae Department Store, targeting soon-to-be-wed couples and VIPs. The fair offers…

【France】LVMH Appoints Bulgari CEO Jean-Christophe Babin to Lead Watches Business

Editor’s NoteLVMH has named Jean-Christophe Babin, a seasoned group veteran, as the new CEO of its watches division, succeeding Frédéric Arnault….

【Seoul, South】Galleria Department Store Achieves Double-Digit Growth in Luxury Jewelry and Watch Segment for Five Consecutive Years

Editor’s NoteThis article highlights the sustained growth in luxury jewelry and watch sales at Galleria Department Store, a trend that underscores…

【Spain】Tourists Drive Luxury in Spain: They Buy 70% of Jewelry and 50% of Clothing

Editor’s NoteWhile Spain’s luxury market represents a small fraction of the global total, this analysis highlights its notable dynamism, driven…

【Spain】Jewelry and Watch Sales in Spain Rise 10% in 2024, According to DBK

Editor’s NoteProvisional data indicates robust growth for the Iberian jewelry and watch sector, with turnover rising 10.5% to €2.1 billion. Retail…

【Paris, Franc】Kering’s Sales Decline but Beat Expectations, Gucci’s New Bags and Jewelry See Double-Digit Growth, Stock Price Soars

Editor’s NoteWhile Kering’s sales declined, the performance surpassed expectations, driven by Gucci’s new bags and strong jewelry growth. This…

【Switzerland】Richemont Returns to Growth in Its Third Quarter

Editor’s NoteThis article highlights Richemont’s record-breaking quarterly revenue of €6.2 billion, driven by strong holiday sales. The performance…

【Seoul, South】While Gucci Stumbles, Hermes Races Ahead: Global Luxury Brands See Strong Preference for ‘Ultra-High-Priced’ Items

Editor’s NoteThis analysis highlights a growing divergence in the luxury sector, where Hermes’s unwavering ultra-high-end strategy fuels robust…