The rising popularity of contemporary pearl jewellery designs is driving the demand for Tahitian pearls in Greater China. According to the Tahitian Pearl Association in Hong Kong (TPAHK), positive market response at international trade fairs, coupled with good auction sales, is indicative of buyers taking a more optimistic stance with regards to demand. “Tahitian pearls … Read More →
Ivanka Trump’s clothing line uses Chinese factory workers for $1 … – circa.com The Washington Post in a damning news report has revealed that employees at a G-III-contracted factory in #china which made apparels for #Ivanka Trump–owned company had workers working for more than 60 hrs in dismal conditions and are paid just $62 per … Read More →
Chow Tai Fook Jewellery Group Ltd reported a 4 percent increase in sales in China during the Chinese New Year holidays. Same store sales in the mainland from January 14 to February 3 increased 1 percent while sales of gold products were up 14 percent. “Same store sales of gem-set jewellery in mainland China declined … 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 →
MetaGem is carving its niche in the fashionable wearables space with Intelligent Gem, a stone with a digital chip, which can track activity, check one’s vital signs or alert its wearer of incoming calls, emails or texts. Founded in 2014 by company CEO David Chang, MetaGem is headquartered in Shenzhen, China, and has offices in … Read More →
Forevermark, the diamond brand from the De Beers Group of Companies, recently celebrated the relaunch of the slogan “A Diamond is Forever” with a new brand campaign, “It’s A Long Journey to Become the One,” in Greater China and Asia Pacific this December. The campaign reveals Forevermark’s rigorous selection process in the pursuit of fine-quality … 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 →