Amorepacific Third-Quarter Revenue Rises 11%, Overseas Growth Cools
Revenue growth outpaced the previous quarter in the Korean conglomerate’s domestic market, but slowed internationally.
fine jewellery
Latest News & Analysis
Luxury
The Logic Behind Tiffany’s Leadership Shakeup
As new owner LVMH ushers out members of the old guard, Louis Vuitton’s Anthony Ledru has been named CEO, while Rimowa head Alexandre Arnault will run product and communications.
Luxury
For Fine Jewellery, Bigger Stones Are Better
High jewellery brands are increasingly obsessed with headline-making giant stones. But are they good for more than marketing?
Luxury
Tiffany Sees Rise in Holiday Sales on Higher China Spending
The jeweller estimated sales growth of 1 percent to 3 percent during the holidays, with the biggest contribution coming from China and a recovery in the Americas.
Workplace & Talent
Tiffany & Co. Hires Former Barneys CEO Daniella Vitale
She will join the American jewellery retailer as executive vice president and chief brand officer.
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News & Analysis
Richemont Buys Buccellati to Bolster Jewellery Business
The Swiss luxury-goods maker bought the Italian jewellery maison from Chinese investment company Gangtai Group for an undisclosed price.
Luxury
Gucci's Next Target: Place Vendôme
Major fashion brands see growing opportunity in the high-stakes business of haute joaillerie.
News & Analysis
Christie's Maharajah Auction Signals Increased Demand for High Jewellery
The luxury auction house is capitalising on the market's momentum.
News & Analysis
LVMH Takes Majority Stake in Repossi
The French luxury group quietly added to its existing investment in the Italian fine jewellery brand last year, supporting international expansion.
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News & Analysis
De Beers Says the Diamond Market Is Getting Better
The world’s biggest diamond company said poor demand for stones valued at less than $100 a carat has been due to a surfeit of supply, currency weakness in India and difficulty for gem cutter's seeking finance.
News & Analysis
Louis Vuitton's Jewellery Designer Is Launching Her Own Line
Called Thief and Heist, Francesca Amfitheatrof's drop-driven concept aims to shake up the dusty business of branded jewellery.
News & Analysis
Can Tiffany Boost Its Gen-Z Cred?
Tiffany & Co. chief executive Alessandro Bogliolo talks to BoF about improving the jewellery sector’s traceability record, mining data to build digital customer profiles and finding the right balance between design novelty and brand consistency.
News & Analysis
Lab-Grown Diamond Prices Slide as De Beers Fights Back
In its recent decision to use lab-grown gems, the 130-year-old jewellers risks undermining the market for natural diamonds.
The News in Brief
Hearst Magazines Names Juliana Stock President
Current president Debi Chirichella will be Hearst Magazine’s next chair.
Lilly Raises Sales Forecast, Widening Lead in Obesity Market
Eli Lilly & Co. raised its full-year sales forecast as demand for its blockbuster obesity and diabetes drugs continues to surge, giving the drugmaker more momentum as it expands into pills and develops even more powerful weight-loss treatments.
US to Temporarily Allow Compounding of Six Peptides
The move relaxes rules to access some peptide compounds for recovery, sleep and cognition and will require pharmacies to notify regulators about adverse events.
Adidas Keeps Humming With Apparel, Performance Sports Growth
The German sneaker brand on Thursday reported strong growth in apparel and sports gear, led by running, training and football products, elaborating on preliminary results published last week.
Uniqlo Scraps Price Rise on $2 Socks After Japanese Shopper Outcry
The decision underscores the challenge Japanese retailers face as persistent inflation squeezes household budgets.
Puig Targets €8 Billion in Annual Sales by 2032
Ahead of its first Capital Markets Day in Madrid, the Spanish beauty group has unveiled its “Vision 2032” and detailed its plans to grow its share of the global fragrance market.
Report: Puig, CVC, Cinven Eye Luxury Fragrance Maker Parfums de Marly
Private equity firms CVC Capital Partners and Cinven, along with Spanish beauty group Puig, are considering acquiring Parfums de Marly, the luxury fragrance brand owned by Advent International, two people familiar with the matter told Reuters.