Category Archives: Fine Jewellery

Richemont reports strong results despite a wobbly economy

Posted on May 17, 2013 by MO

It’s been a big week for luxury group Richemont… Whilst the world’s second largest luxury group reported its strongest-ever full-year results, it also announced that their chairman Johann Rupert will take a year sabbatical starting from spring. The 62-year-old, who … Continue reading →

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Richemont expected to post soaring profits

Posted on April 28, 2013 by MO

With PPR only seeing a moderate increase in sales, rival luxury group Richemont has said that it expects its annual net profits to rise about 30 per cent. The Swiss luxury group made a company announcement recently saying that trading … Continue reading →

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PPR’s shares slide after releasing first-quarter results

Posted on April 28, 2013 by MO

PPR’s less than impressive first-quarter sales have possibly reinforced fears that the luxury goods sector has run out of steam and reached a turning point. How so? After the French luxury group, who changed their name recently from PPR to … Continue reading →

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China attributes to growth at Hermès

Posted on April 23, 2013 by MO

French luxury house Hermès, best known for their flamboyant scarves and Birkin bags reported their first quarter sales this week. Their Q1 sales increased by 10.3 per cent, due to a surge in demand especially by Asian shoppers, but the … Continue reading →

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Tiffany & Co see sparkle in Malaysia

Posted on April 15, 2013 by MO

To ensure longevity of a brand, it’s about creating new opportunities and exploring new markets. Luxury brands have quite the ‘luxury’ of having a diverse audience and most luxury brands have that global appeal, which makes the job somewhat easier. … Continue reading →

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Luxury spending expected to dip further in Europe

Posted on April 4, 2013 by MO

The luxury boutiques in Europe have been riding high the last few years with the number of Chinese tourists coming in droves to get their luxury fix. Why Europe? With a weakening Euro and taxes not being as high as in China, it … Continue reading →

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Asia Pacific continues to perform strongly for Tiffany & Co

Posted on March 26, 2013 by MO

The Asia-Pacific region, which includes Australia continues to dominate sales for American jeweller Tiffany & Co. Sales rose 13 per cent to $US254 million in the fourth quarter and 8 per cent to $US810 million, or 21 per cent of … Continue reading →

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Hermès sales impress, although moderate changes expected to be made

Posted on March 22, 2013 by MO

French luxury house Hermès will resist raising prices significantly in 2013 even as profitability may decline as the Japanese yen weakens against the euro. Hermès CEO Patrick Thomas said in a statement that, “there won’t be a big movement”, but … Continue reading →

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Luxury businesses circle Italian jeweller

Posted on March 4, 2013 by MO

Ring a Ding Bling… so the luxury houses are saying in a bid to entice the possible acquisition of Milanese-based jeweller Pomellato.. Acquisitions seem to be the flavour of 2013 already… and now there is news that PPR, Prada and … Continue reading →

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Hollywood jewels land in Australia as part of a first for Sotheby’s

Posted on February 22, 2013 by MO

We love all things sparkly… so Sotheby’s recent auction piqued our interest. Sotheby’s first ever Australian ‘sale’ i.e. fixed price sale rather than an auction for their fine jewellery started in Melbourne and then moved to Sydney last night and … Continue reading →

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