FinancialsAug 13, 2024
Pandora Raises Guidance Again as Q2 Sales Climb Double DigitsThe jewelry retailer is eyeing expansion, increasing the number of stores it plans to open this year.
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273 results for “Financial Results”
FinancialsAug 09, 2024
Brilliant Earth Lowers Guidance Following Q2 Sales Dip The jewelry retailer is forecasting sales will fall as much as 14 percent in its third quarter.
SourcingJul 25, 2024
De Beers’ H1 Revenue Falls 21% in ‘Weak’ MarketLab-grown diamond sales in the United States and ongoing economic challenges in China are impacting natural diamond demand.
FinancialsJul 25, 2024
Boucheron, Pomellato Post Double-Digit Growth in Q2 The gains come amid a tough time for parent company Kering, which saw sales slide 11 percent in the first half of the year.
FinancialsJul 24, 2024
LVMH’s First-Half Jewelry, Watch Sales Dip 5%Tiffany & Co. is focusing on its “iconic” collections while the company has made changes at the top at TAG Heuer and Hublot.
SourcingJul 23, 2024
De Beers’ Production Drops 15% in Q2The company also reported the $150 million sale of an iron ore royalty right, part of its ongoing effort to divest “non-core” assets.
FinancialsJul 17, 2024
Richemont’s Q1 Jewelry Sales Up 2%In contrast, the luxury giant’s watch sales fell 14 percent.
SourcingJun 27, 2024
De Beers’ Rough Diamond Sales Sink 31%The company sold $315 million in rough in the fifth sales cycle of the year, down from $456 million in the same period last year.
FinancialsJun 13, 2024
Signet Awaits Engagement Recovery as Q1 Sales Sink 9%The company is expecting to see a 5 to 10 percent increase in engagements this year.
FinancialsMay 31, 2024
Movado’s Q1 Sales Fall 6%The company attributed the decline to a “challenging” retail environment.
SourcingMay 24, 2024
De Beers’ Sales Slide in Fourth Round of Sales This Year The company sold $380 million in rough diamonds, compared with $479 million in the same period last year.
FinancialsMay 17, 2024
Richemont Appoints Van Cleef & Arpels’ Nicolas Bos as New CEOThe announcement coincided with its full-year results, with growth driven by its jewelry brands.
FinancialsMay 17, 2024
Watches of Switzerland’s Fiscal-Year Sales Flat Looking ahead, the retailer said it sees “enormous potential” in Roberto Coin’s ability to boost its branded jewelry business.
FinancialsMay 15, 2024
Brilliant Earth’s Sales Fall Flat in Q1 While overall sales were sluggish, the retailer said its non-bridal fine jewelry was a popular choice for Valentine’s Day.
FinancialsMay 02, 2024
Pandora Raises Guidance After Strong Q1The jeweler credits its recent “Be Love” campaign and ongoing brand revamp for its 17 percent jump in sales.
SourcingApr 25, 2024
De Beers Lowers Production Guidance for 2024The announcement came as the company reported a 23 percent drop in production in Q1.
FinancialsApr 24, 2024
Kering’s Jewelry Brands a Bright Spot in Tough Q1The luxury titan posted declining sales, weighed down by Gucci’s poor performance.
SourcingApr 24, 2024
Rio Tinto’s Q1 Production Drops Amid Pause to Honor Lost Colleagues The mining company’s Diavik Diamond Mine lost four employees in a plane crash in January.
SourcingApr 18, 2024
Diamond Trade Remains Cautious Amid Economic UncertaintyDe Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.
FinancialsApr 17, 2024
LVMH’s Q1 Jewelry Sales Fall 5%LVMH said the company performed well despite an uncertain geopolitical and economic environment.
FinancialsMar 27, 2024
Movado’s Full-Year Sales Sink 11%The company plans to invest $25 million in marketing initiatives to boost awareness around its namesake and licensed brands.
FinancialsMar 20, 2024
Signet’s Q4 Same-Store Sales Sink 10% The jewelry giant also posted a double-digit drop in same-store sales for the full year.
FinancialsMar 15, 2024
Brilliant Earth Posts Record Sales, Orders in 2023CEO Beth Gerstein spoke about the growing appeal of its non-bridal fine jewelry and its expansion plans on its recent earnings call.
SourcingMar 14, 2024
De Beers Says Retailers Are ‘Restocking Conservatively’The company’s rough sales improved for the third sales cycle in a row.
Lab-GrownFeb 26, 2024
Lightbox ‘Significantly’ Lowered Its Prices in Q4The De Beers-owned lab-grown diamond company dropped the price on its standard offerings from $800/carat to $600/carat.
