In the fourth quarter of fiscal year 2024, Chow Tai Fook’s overall retail value increased by 12.4% year-on-year, with growth rates of 29.4%, 5.8%, and 46.1% in the preceding three quarters, respectively.

Antonio Belloni will step down as CEO and Chairman of the Executive Committee of LVMH Group, to be succeeded by Stéphane Bianchi, current CEO of the Watches and Jewelry division.

The rankings covers 292 major activities from 38 global luxury jewelry and watch brands in the China market over the past year

Benefiting from a 25% year-over-year increase in sales in Mainland China, Hong Kong, and Macau, the Asia-Pacific market recorded a 13% growth in sales.

This year marks the 20th anniversary of Qeelin’s founding. With the official release of this Chinese culture-focused Chinese New Year short film, a new chapter is gradually unfolding.

Ten companies from China and six from India are all vertically integrated jewelry retailers, highlighting the significance of China and India as global leaders in gold and jewelry consumption markets.

Valérie Messika, the founder and creative director of the brand, encapsulates Messika’s brand identity as “Diamond”, “Cool”, and “Modern”.

The Buccellati family is still 100% involved in all aspects of the brand today, which precisely constitutes the uniqueness of the brand in the field of high-end jewelry.

Overall, the Chinese market, Jewelry Division, and both retail and online retail collectively contributed 74% to the group’s sales revenue.

This article has selected quotes from 11 executives of these 11 brands, providing insights into their understanding of Chinese consumers and niche markets.