【Switzerland】Jewelry Demand Remains Strong, Richemont’s Q1 Sales Climb | Earnings Report
Editor’s NoteRichemont’s latest quarterly results demonstrate resilient demand in the luxury sector, with sales growth surpassing analyst forecasts….
Jewelry Sales
【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…
【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…
【Shanghai, Ch】Tiffany to Halve Its Flagship Store in China
Editor’s NoteThis report on Tiffany & Co.’s strategic downsizing in Shanghai highlights the shifting dynamics within China’s luxury market. It serves…
【Lyon, France】When Historic Gold Prices Boost Auction Sales
Editor’s NoteThis article examines the surge in gold sales within auction houses, a trend highlighted by experts in Lyon as a defining feature of the…