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.

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.

Despite the fact that the Chinese market accounts for only 3% of Pandora’s revenue, the company hopes to achieve business growth through a brand reboot in Q3 of this year.

Tiffany will open several new stores in the Chinese market and has secured prime locations.