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The bead and jewelry company remains focused on strongly branded stores, opening more concept stores and shop-in-shops.
In the first six months of 2016, rough diamond sales increased 11 percent year-over-year to $3.1 billion for De Beers, while total sales were up 32 percent to $2.2 billion for rival Alrosa.
The diamond miners also saw increased profits, though production levels remain down as both companies look to control costs.
The strong performance of Bulgari watches and jewelry plus TAG Heuer’s smartwatch helped drive a decent first half for LVMH.
The maker of watches including Tissot and Omega reported an 11 percent drop in sales and a 52 percent decline in net income in the first half of the year.
The company said U.S. comps were up 1 percent in its latest fiscal full year due to a higher average sales transaction and the success of its timepiece strategy.
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