De Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.
Report: TAG Heuer to develop smartwatch
The head of LVMH’s watch division allegedly told a Swiss newspaper that TAG Heuer has plans to launch its own smartwatch, but that it must be original and different from Apple Watch.
New York--The head of LVMH’s watch division allegedly told a Swiss newspaper that TAG Heuer has plans to launch its own smartwatch, but that it must be original and different from Apple Watch.
Reuters reported Sunday that Jean-Claude Biver told Swiss newspaper NZZ am Sonntag, “We want to launch a smartwatch at TAG Heuer, but it must not copy the Apple Watch. We cannot afford to just follow in somebody else’s footsteps.”
A request sent to LVMH Moët Hennessy Louis Vuitton, which owns TAG Heuer along with Hublot and Zenith, for confirmation on the quote was unanswered as of press time.
Biver’s comment comes less than a week after the Apple Watch announcement, Apple’s long-awaited entry into the “smartwatch” category. Although details have been released on what the product will offer, the company hasn’t gone into great detail on its distribution plans for Apple Watch.
RELATED CONTENT: 5 facts about Apple Watch
In early July, TAG Heuer’s Vice President of Sales Patrick Pruniaux left the company to join Apple. At the time of his departure, Biver told CNBC that Pruniaux was recruited by the technology company to launch what was then referred to as the “iWatch.”
The Latest
Sponsored by the Las Vegas Antique Jewelry & Watch Show
The Patek Philippe expert will serve as personal curator for the brand-focused company.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
The 553-square-foot shop is aboard the Carnival Jubilee cruise ship.
NDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”
John Carter received the AGS’s highest honor Tuesday afternoon at Conclave in Austin, Texas.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
LVMH said the company performed well despite an uncertain geopolitical and economic environment.
B&D Sales and Service held a ribbon-cutting event for its new location in Cranston, Rhode Island.
Emily Highet Morgan and Emily Bennett have joined the agency’s team.
Its updated book for mountings is also now available.
She has been with the organization since 2010, most recently serving as its chief officer of PR and industry relations.
Joyce’s Jewelry sued the bank after cybercriminals drained its accounts of nearly $1.6 million through a series of wire transfers.
He is remembered by loved ones for his loyalty, integrity, and kindness.
Hosted by Freeman’s | Hindman, the sale will take place May 7-8.
The auction house said all 24 timepieces offered in its underground sale of rare and avant-garde watches quickly found buyers.
From lab-grown diamonds and AI to the inevitable Taylor Swift mention, here are some of Conclave’s most intriguing educational offerings.
From cybersecurity liability to trade show coverage, insurance experts share tips on how to build the right policy.
Ahead of its trade show next month, TJS awarded free registration and accommodations to one jewelry professional and three students.
By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.
Members can still sell lab-grown stones, it said, but only natural gems are allowed on the show floor.
He is remembered for his charisma, passion, integrity, kindness, and wit.
The retailer also appointed two new board members, avoiding a proxy fight from a potential buyer.
The bridal collection consists of 35 engagement rings and seven wedding bands.
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.
The family-owned jeweler has a new education section on its website dedicated to the history of diamond cutting.