French luxury group Kering reported a strong first-quarter performance in 2017, with high-end brands including Gucci and Boucheron contributing substantial growth. Consolidated revenues rose 31.2 percent to €3.57 billion (around US$3.89 billion), driven by double-digit growth across all product segments and geographic regions, except Japan, the group announced. Sales from the group’s watches and jewellery … Read More →
Luxury group LVMH Moët Hennessy Louis Vuitton reported an organic revenue growth of 5 percent in its watch and jewellery business in 2016 on the back of strong sales in China, Korea and the Middle East. “Growth continued in China, Korea and in the Middle East,” noted the company. Bulgari continued to gain market share … Read More →
Tse Sui Luen Jewellery (International) Ltd of Hong Kong said it is counting on a growing market in mainland China and the continued expansion of its e-commerce business to propel the company to further growth. The jeweller remained optimistic despite reporting a sluggish first-half performance ending in August 31, 2016. TSL’s sales turnover decreased by 11.6 … Read More →
Hong Kong-based jewellery manufacturer and wholesaler, Perfect Group Holdings Ltd, is taking steps to diversify its product and market mix and expand its presence in Asia, particularly by making inroads into mainland China. In an interview with JNA, Kan Kin Kwong, Perfect Group’s founder, chairman and CEO, shared the group’s latest initiatives to target younger … Read More →
Having a business in the comfort of your home can be very convenient; it’s very exciting to be able to set up your own business and get an income from the relaxed atmosphere of your house. It can save you plenty of cash that you would have used in setup and maintenance costs if you … Read More →
Tiffany & Co and Net-a-Porter recently inked an agreement, allowing selected Tiffany designs to be sold on Net-a-Porter.com beginning April 27 for a limited time. Net-a-Porter will be the only authorised online destination beyond Tiffany’s own channels where customers can purchase Tiffany’s jewellery collections, helping the brand reach new and prospective audiences among Net-a-Porter clients … Read More →
Luxury group LVMH Moët Hennessy Louis Vuitton reported a 7 percent growth in its watch and jewellery business during the first quarter of 2016 on the back of successful product launches and sustained customer interest. In its annual report, the group cited positive performance of its various luxury brands including Bulgari, Chaumet, TAG Heuer and … Read More →