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 →
Following the madness of Black Friday and Cyber Monday sales at the end of 2015, January has seen the high street floated by shoppers kick starting 2016 bagging a bargain with the new year sales The Mayfair bag: was £595 now £297.50, aspinaloflondon.com As the sales get close to an end, we round up the shops to find the … Read More →
The De Beers Group of Companies said the value of its rough diamond sales for the ninth sales cycle of 2016 reached US$470 million, which the company said conforms to its expectations. The group reported US$494 million in rough diamond sales during the previous cycle. Bruce Cleaver, CEO of the De Beers Group, commented, “Encouragingly, … Read More →
The De Beers Group of Companies recently announced that the value of rough diamond sales for the seventh sales cycle of 2016 reached US$630 million, up from US$528 million during the previous cycle. Bruce Cleaver, CEO of the De Beers Group, commented, “We saw healthy demand for our rough diamonds in Cycle 7, as manufacturers brought … Read More →
Well-loved diamond and coloured gemstone jewellery are the star attractions of Sotheby’s sale of Important Jewels scheduled for September 22 in New York. According to the auction house, the sale is headlined by a vast selection of signed jewels from a variety of celebrated designers and major jewellery houses such as Cartier, Van Cleef & Arpels … Read More →
Movado Group Inc. recorded a double-digit decline in sales in the second quarter as consumer demand for watches remains soft and again lowered its outlook for the year. The Paramus, N.J.-based watch company reported Thursday that second quarter net sales totaled $128.1 million compared with $145.6 million in the second quarter of last year, a … Read More →
Chinese jewellery brand Seekfu recently opened its maiden boutique in Nanning, Guangxi Zhuang Autonomous Region, China, following the establishment of its online store as the company adopts an online-to-offline (O2O) business model to strengthen sales. The company’s brick-and-mortar retail store offers customers a chance to physically examine the products, according to a report by China.com.cn. The … Read More →