The retailer has raised its guidance after seeing total sales increase 3 percent in the second quarter, beating expectations.
Financials

CEO Efraim Grinberg noted a resurgence in the fashion watch market.
The company had a solid second quarter, with sales of non-charm jewelry outpacing sales of pieces in its core collections.
Latest in Financials

The company raised its full-year sales guidance while noting it has not yet assessed the potential impact of the latest tariff news.

The luxury titan’s star brand Gucci continued to struggle amid a "tough" environment.

Renovations at Tiffany & Co. stores ate into profits in the company’s watch and jewelry division.

You deserve to know what you are selling–to protect your customers as well as your business and your reputation.

It marks the third consecutive quarter of growth for Cartier, Van Cleef & Arpels, Buccellati, and Vhernier.


On an earnings call, CEO J.K. Symancyk discussed what’s working for the company and how it’s preparing for the potential impact of tariffs.

The company plans to raise the prices of select watches to offset the impact of tariffs.

The upcoming show provides savvy retailers with the opportunity to stock their cases with best sellers in advance of the holiday season.

The retailer also provided an update on how the tariffs situation in the U.S. is affecting its business.

The company's Series A shares will continue to trade following a reverse stock split while its Series B shares will be delisted.

Sales for Richemont’s four jewelry brands increased 8 percent, while watch sales picked up toward the end of the year.

CEO Beth Gerstein discussed the company’s bridal bestsellers, the potential impact of tariffs, and the rising price of gold.

The company has multiple strategies for dealing with tariffs, though its CEO said moving manufacturing to the U.S. is not one of them.

Boucheron and Pomellato performed well in an otherwise bleak quarter for Kering amid struggles at Gucci.

The company failed to file its quarterly reports in a timely manner.

During a call about its full-year results, CEO Efraim Grinberg discussed how the company is approaching the uncertainty surrounding tariffs.

LVMH CFO Cécile Cabanis also discussed the effects of tariffs so far.

An investigation found that the former managing director of Movado’s Dubai branch overstated and prematurely recorded sales.

The company also noted record sales in the United States and a strong performance in its jewelry category.

The moves are part of the retailer’s new turnaround plan, “Grow Brand Love,” which also includes emphasizing brand loyalty over store banners.

CEO Beth Gerstein shared its most popular price points, what’s trending in non-bridal fine jewelry, and its holiday performance.

The luxury titan’s full-year performance was weighed down by struggling sales at its star brand Gucci.

In its full-year results, the retailer shared its 2025 outlook and an update on the global rollout of its lab-grown diamond collection.

Watch and jewelry sales slipped 3 percent in 2024, though the luxury conglomerate did see business pick up in the fourth quarter.

The company, which owns Cartier and Van Cleef & Arpels, had a record Q3, with sales topping $6 billion.

The peak selling days leading up to Christmas did not meet the jewelry retailer’s expectations.

The retailer has been upping its marketing spend to drive revenue growth and brand awareness.
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