Revenue from Richemont’s jewelry brands was solid in the first fiscal half as demand grew in all regions and the Asia-Pacific market recovered.Sales from the company’s jewelry maisons — Cartier, Van Cleef & Arpels, and Buccellati — rose 24% year on year to EUR 6.34 billion ($6.58 billion)...
A robust performance at Richemont’s jewelry and watch brands boosted revenue in the first fiscal quarter amid a return to tourist spending as well as strong local demand in the US and Europe.Proceeds from the group’s jewelry maisons — Cartier, Van Cleef & Arpels, and Buccellati — rose 20%...
A Kashmir sapphire led Wednesday’s Bonhams Hong Kong Jewels and Jadeite auction, selling for more than $400,000.The ring, featuring the unheated cushion-shaped, 6.99-carat sapphire with a pavé-set diamond surround, fetched HKD 3.3 million ($417,752), within presale estimates, Bonhams said the...
A rare 5.09-carat, blue Paraiba tourmaline and diamond ring will be the star of the upcoming Hong Kong Jewels and Jadeite sale at Bonhams.The piece, which carries a high estimate of HKD 3.8 million ($484,247), will go up for auction on June 22, Bonhams said last week. It makes its way to market...
Swiss luxury goods company Richemont has reported a record “all-time high” full-year sales performance ending 31 March, marked by the progressive easing of COVID-19-related health restrictions in key markets worldwide.
Jewelry sales at Richemont grew 49% for the full fiscal year as the global market recovery enabled the luxury retailer to record its highest-ever annual total for the category.Proceeds from the segment rose to EUR 11.08 billion ($11.7 billion) for the 12 months ending March 31, Richemont said...
An Art Deco Cartier bracelet set with 101 carats of Colombian emeralds could go for up to $1.3 million at an upcoming jewelry sale at Bonhams, the auction house predicted.The piece, which was designed in 1926, is from the collection of American heiress Hélène Irwin Crocker Fagan, the daughter...
A 45.46-carat diamond will lead an online auction at Christie’s, becoming the highest-valued jewel to be offered in a virtual sale.The round-brilliant, D-flawless, type IIa diamond, named The Flawless Star, carries a high estimate of $6 million at the Jewels Online sale, set to run from March...