【Switzerland】Richemont Sales Soar on Strong Demand for Cartier Jewelry
Editor’s NoteThis article highlights how Richemont’s focus on high-end jewelry, led by brands like Cartier, is providing a buffer against broader…
Luxury Market
Latest Ranking of Luxury Giants: France Takes Six of Top Ten Spots, LV Leads but Sees First Sales Decline, Hermès Shows Strong Momentum
Editor’s NoteThis article highlights a pivotal moment for the luxury sector, as outlined in a recent Morgan Stanley report. The 2024 ranking of top…
【Geneva, Swit】Rare Mediterranean Blue Diamond to be Auctioned for Nearly $20 Million
Editor’s NoteThis article details the unveiling of the ‘Mediterranean Blue Diamond,’ a 10-carat cushion-shaped gem expected to sell for up to $20…
【Seoul, South】Chanel Overtakes Louis Vuitton… Shift in the Luxury Brand Landscape
Editor’s NoteChanel has implemented surprise price increases on select handbags and accessories in South Korea, with hikes of up to 8.2%. This move…
【New York, US】Trove’s Jen Rubio Acquires Independent Retailer The Seven, Joining Forces With Founder Camille Zarsky
Editor’s NoteThis acquisition marks a significant consolidation in the independent jewelry retail space, merging Trove’s distinctive presentation…
Diamond Industry in Deep Crisis: Is the Century-Old Marketing Myth Shattered?
Editor’s NoteThe latest data paints a stark picture of a global diamond industry in crisis, with plummeting revenues, mounting inventories, and…
【Antwerp, Bel】With Tariffs Looming, Are Diamonds Still Forever?
Editor’s NoteThis article examines the pressures on the U.S. diamond market, a key global hub, as it contends with a 10% import tariff amid broader…
【New York, US】Diamonds Are No Longer Forever? Prices Plummet 60% from Peak
Editor’s NoteThis article examines the mounting pressures on the global diamond industry, highlighting how geopolitical trade tensions and shifting…
【France】Is There a Limit to Luxury Brands’ ‘Price Hikes’? — Signs of Strain in Chanel’s Growth Strategy Revealed in 2024 Financial Results
Editor’s NoteThis analysis examines the shifting dynamics in the luxury sector, where the traditional strategy of raising prices is being challenged…
【Switzerland】Richemont Sales Climb on Robust Jewellery Demand, Outperforming LVMH in Sluggish Luxury Market
Editor’s NoteThis article highlights Richemont’s robust annual sales, outperforming expectations as sustained demand for high-end jewellery provides…