Based on data from Luxe.CO Tong, we have exclusively compiled eight charts to examine how luxury jewelry brands are positioning themselves in the Chinese market
For major brands, the gold rush presents four significant “new” opportunities that cannot be ignored in brand building: new target audiences, new wearing preferences, new craftsmanship styles, new brand positioning, and new opportunities to capture consumers’ mindshare.
The sales in the US market experienced a significant year-on-year surge of 52%, reaching £653 million, which accounted for 42% of the group’s total revenue.
Currently, Morellato Group’s brands are present in over 40 countries, with a strong focus still centered in Europe. However, in the coming years, the company’s priority will shift towards the Middle East and further attention will be given to the United States and China.
The group expressed optimism regarding the gradual recovery of its key markets. With the recovery and growth of same-store sales in mainland China, Hong Kong, and Macau, the fiscal year 2024 is expected to be a year of recovery and a return to normalcy.
Yuyuan Inc. acquired an 80% equity stake in the International Gemological Institute (IGI) Group, headquartered in Belgium, in September 2018.
In today’s context, what do women expect from jewelry? And how will jewelry carry women’s expectations?
The Richemont analyst conference provided a wealth of valuable insights and disclosures.
In this interview, Hélène candidly shared the efforts she has made since becoming Boucheron’s Global CEO.
One source stated that BlueStone, based in Bangalore, is currently valued at nearly $500 million and its investors include venture capital firm Accel and Indian industrialist Ratan Tata.