The Chinese market has fuelled global demand for platinum jewellery in the first quarter of 2017, data from World Platinum Investment Council (WPIC) showed. The Chinese market has fuelled global demand for platinum jewellery in the first quarter of 2017, data from World Platinum Investment Council (WPIC) showed. According to WPIC’s latest Platinum Quarterly report, … Read More →
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 →
Fancy blue diamond prices increased by 1.7 percent in the first quarter of the year, according to data gathered by The Fancy Color Diamond Index. During the same period, fancy yellow diamonds saw price declines of 1.8 percent while fancy pink diamonds saw a 0.3 percent price increase. The Fancy Color Diamond Index is published … Read More →
China’s gold output increased to 111.56 tonnes in the first quarter of 2016, up 0.78 percent year-on-year, latest statistics from the China Gold Association revealed. As of March 31, 2016, the nation’s gold reserves reached 1,797.5 tonnes. The increase in output was due to a rebound in international gold prices following the easing of major currencies … 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 →