The company is implementing a restructuring plan after struggling amid the COVID-19 pandemic.
Its namesake Movado brand performed especially well in the first quarter.
The luxury titan’s jewelry sales exceeded pre-COVID levels.
The company announced the news alongside its first-quarter results, posting strong revenue in the U.S. market.
Leaders at both companies said the latest sales results are in line with expectations.
The colored stone miner wasn’t able to hold any regular auctions during the year.
Vestiaire Collective sells pre-owned luxury goods from brands like Tiffany, Cartier, Rolex, and TAG Heuer.
The National Retail Federation is optimistic about the year ahead, so long as the vaccine rollout goes according to plan.
The acquisition will merge Bergio’s manufacturing capabilities with Aphrodite’s e-commerce skills.
The midstream needs to restock after a strong holiday season in the U.S. and ahead of Valentine’s Day and Chinese New Year.
The Danish jewelry company is approaching 2021 with caution as COVID-19 restrictions linger.