Financial Results


Pandora’s Q1 Revenue Falls, but Online Sales Strong

May 5, 2020
The Danish jeweler temporarily closed 90 percent of its stores in light of the coronavirus pandemic.

Kering’s Watch, Jewelry Segment Takes A Hit in Q1

April 22, 2020
Jewelry brand Qeelin was the only bright spot due in part to a rebound in mainland China.

LVMH’s First-Quarter Sales Fall 17%

April 17, 2020
The watches & jewelry division was among the hardest hit, with sales dropping 26 percent.

For Alrosa, Q1 Was a Tale of Two Halves

April 16, 2020
Like many companies, the diamond miner started off the year strong before business took a nosedive in February.

March Retail Sales Plunge, Marking Biggest Decline on Record

April 15, 2020
With businesses closed and consumers staying at home, U.S. retail sales posted a steep decline last month.

Signet Reaches $240M Settlement in Shareholder Lawsuit

April 3, 2020
The company denies the allegations, but said it reached a settlement to avoid spending more time and resources on the case.

Movado’s Q4 US Watch Sales Down 25%

March 27, 2020
The watch company has closed all its retail stores in the U.S., the U.K., and Canada amid the coronavirus pandemic.

Signet Beats Expectations in Q4, Leans on Online Sales

March 26, 2020
With its stores closed in light of the coronavirus, the jeweler is cutting costs and looking to online sales to help carry it through rough waters.

Tiffany Sees Q4 Sales Bump, Braces for Coronavirus Hit

March 20, 2020
The jeweler’s main focus is preparing to weather the coronavirus pandemic, said CEO Alessandro Bogliolo.

Pandora Closes US Stores as COVID-19 Escalates

March 19, 2020
The jeweler also has scrapped its previously stated financial guidance in the wake of the pandemic.

Gem Diamonds Uncovers Six Notable Stones

March 16, 2020
The miner also reported a dip in revenue and the number of carats recovered in 2019, which it attributed to an overall weakness in the market.

Alrosa’s Diamond Sales Falter in February

March 11, 2020
After a strong start to the year, uncertainty surrounding the continuing spread of COVID-19 weighed on the miner’s sales.

5 Jewelry News Stories You Might Have Missed

March 8, 2020
An update on U.S. trade shows as coronavirus cancellations mount, a collection perfect for Women’s History Month, Pandora reorganizes, and more.

De Beers’ Sales Take a Dive Due to Coronavirus

March 5, 2020
The company is letting sightholders defer as suppliers grapple with the drop in demand in China.

Lucara Found 31 Diamonds Over 100 Carats Last Year

February 25, 2020
Recoveries included the 1,758-carat Sewelô diamond, which it is cutting in partnership with Louis Vuitton.

De Beers Expects to Up Diamond Production This Year

February 24, 2020
The company has a cautiously optimistic outlook for 2020 despite a down year in 2019 and various economic challenges, including coronavirus.

Kering’s Jewelry Houses See Double-Digit Growth in 2019

February 12, 2020
CEO François-Henri Pinault said the company “remains confident” despite the coronavirus’ effect on the key Chinese market.

Like De Beers, Alrosa Sees Improvement in Early 2020

February 11, 2020
It said demand for rough diamonds is “steady” as cutters restocked following a solid holiday season.

E-Commerce Site Farfetch Raises $250M

February 11, 2020
The company plans to put the capital towards its expansion, particularly into the Chinese market.

5 Jewelry News Stories You Might Have Missed

February 7, 2020
Tiffany shareholders approve LVMH deal, suspects charged in theft of an heiress’ jewelry, on-the-ground updates from Tucson, and more.
National Jeweler

Fine Jewelry Industry News

Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.