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Jewellery

The latest news

Fabergé owner warns of significant Covid-19 impact

Fabergé owner warns of significant Covid-19 impact

Gemfields, the British mining corporation, has revealed that the global health crisis will have a “significant detrimental impact” on its operations, revenues and business during 2020 and possibly beyond.
Luxury
Petra Diamonds suspends 2020 production outlook

Petra Diamonds suspends 2020 production outlook

Africa-focussed miner Petra Diamonds on Friday suspended its production forecast for fiscal 2020 and said it was in "active talks" for near-term financing, amid worries over the worsening coronavirus crisis.
Luxury
British Fashion Council launches Covid-19 fund to support designers

British Fashion Council launches Covid-19 fund to support designers

The British Fashion Council (BFC) said on Friday that it's launching a new crisis fund to support creative businesses and individuals during the Covid-19 outbreak. 
Fashion
Condé Nast pushes luxury conference back three months to end July

Condé Nast pushes luxury conference back three months to end July

The next Condé Nast Luxury Conference, scheduled for April, has been pushed back three months to end July, the latest major postponement in fashion due to impact of the coronavirus pandemic.
Fashion
Pandora poaches H&M chief as CCO

Pandora poaches H&M chief as CCO

Martino Pessina is set to leave H&M to become the new chief commercial officer at Pandora,  the Danish jewellery firm announced on Tuesday.
Luxury
LVMH denies planning to buy Tiffany shares on the open market

LVMH denies planning to buy Tiffany shares on the open market

LVMH has denied planning to buy Tiffany shares on the open market, contradicting market rumors stating that they were about to do exactly that, after the US jeweler's stock price fell on the New York Stock Exchange.
Fashion
LVMH considering buying Tiffany's shares on open market

LVMH considering buying Tiffany's shares on open market

French luxury goods maker LVMH, which last year agreed to buy Tiffany & Co for $16.2 billion, is considering buying shares of the U.S. jeweler for less on the open market, Bloomberg News reported on Thursday.
Luxury
Pandora closes all stores in the US, Italy and Spain

Pandora closes all stores in the US, Italy and Spain

The jewellery maker has closed all stores in the US, Italy, Germany, France and Spain in response to the public health emergency. All employees will continue to receive their full salaries for “at least” eight weeks.
Luxury
Chanel closes production sites in France, Italy and Switzerland

Chanel closes production sites in France, Italy and Switzerland

Chanel has decided to close down its core production sites in three western European countries: France, Italy and Switzerland; either completely or partially, the fashion house announced on Thursday. 
Fashion
Pandora withdraws guidance as revenues take a hit

Pandora withdraws guidance as revenues take a hit

Pandora is the latest retailer to issue a grim trading statement this week, revealing that like-for-like sales in China have fallen by more than 70% since late January.
Luxury
Bond Hardware takes top prize in third Elaine Gold Launch Pad

Bond Hardware takes top prize in third Elaine Gold Launch Pad

Dana Hurwitz and Mariah Pershadsingh of Bond Hardware were awarded $70,000, to be used to help fund their brand's jewelry, furniture and large sculpture work. 
Fashion
Tous sales jump 4.6% to record €487 million

Tous sales jump 4.6% to record €487 million

Tous is starting 2020, the year of its 100th anniversary, on a high after posting record annual sales of €487 million for 2019. International demand for the brand’s jewellery remains strong.
Luxury
Pandora cuts 180 jobs as part of major reshuffle

Pandora cuts 180 jobs as part of major reshuffle

The Danish jewellery maker will remove 180 jobs from its three regional offices as part of a strategic reorganisation to ensure faster operations. The move will see all three regional presidents lose their titles.
Luxury
Louis Vuitton: A composition to the music of time

Louis Vuitton: A composition to the music of time

Louis Vuitton closed out the four-week international catwalk collections on Tuesday with the most brilliantly staged single show of all and a powerful, agenda-setting collection that played on the notion of bending time.
Luxury
Chanel: Modern musketeer mode

Chanel: Modern musketeer mode

​A pure Parisian moment at Chanel, with all the ease, assurance and stylish impertinence which that implies, in a jaunty show and collection presented on Tuesday.
Fashion
Heineken heiress takes stake in celeb jewellery brand Missoma

Heineken heiress takes stake in celeb jewellery brand Missoma

Dutch-English billionaire Charlene de Carvalho-Heineken has become a part-owner of British jewellery brand Missoma, after acquiring up to a 50% stake in the business.
Luxury