Rapaport News


Search Results


Advanced search
Latest Articles
Rough Markets
Polished Markets
Bulgari Serpent
LVMH Sees Strong Jewelry and Watch Growth
LVMH Moët Hennessy Louis Vuitton’s revenue from jewelry and watches increased 8% year on year to $1.12 billion (EUR 951 million) in the third quarter. Overall group revenue jumped 14% to $12.26 billion (EUR 10.38...
Retail Oct 10, 2017 Rapaport News
Stephen Lussier De Beers Forevermark
De Beers Broadens Lussier’s Branding Role
De Beers’ top marketing boss has taken on an expanded role nowthat the miner has acquired its namesake retail chain.Stephen Lussier, executive vice president of marketing, now oversees De Beers’ entire downstream and branding operations,...
Marketing Aug 07, 2017 Joshua Freedman
Asia and Europe Boost LVMH Jewelry Sales
Revenue from jewelry and watches at LVMH Moët Hennessy LouisVuitton jumped 14% in the first half, supported by growth in the Bulgari brandand resurgent demand in Asia and Europe.Sales for the division grew to $2.16 billion...
Retail Jul 27, 2017 Rapaport News
Bulgari Chinese NY store
Bulgari Boosts LVMH Jewelry Performance
LVMH Moët Hennessy Louis Vuitton’s watch and jewelry sales grew 14% in the first quarter as its Bulgari brand continued to gain market share. The luxury house saw double-digit growth across all its...
Retail Apr 12, 2017 Rapaport News
De Beers China Store
De Beers Buys Out LVMH Retail Partner
De Beers has taken full ownership of the De Beers Diamond Jewellers (DBDJ) retail operation, the mining company said Tuesday.The group bought the 50-percent stake owned by LVMH, which previously operated the stores, for...
Retail Mar 21, 2017 Rapaport News
Tiffany blue box 140
Luxury Veterans Join Tiffany Board
Tiffany & Co. has added former executives from RalphLauren Corporation and Bulgari to its expanded board, as the jewelry retailerundergoes a series of senior personnel changes.Roger Farah, a former chief operating officer of RalphLauren, will become...
Retail Feb 22, 2017 Rapaport News
bulgari lvmh
LVMH Growth Highlights High-End Resilience
LVMH Moët Hennessy Louis Vuitton reported jewelry and watchsales jumped in the fourth quarter, indicating luxury consumers shrugged off global economic uncertainty this holiday season.Revenue advanced 9 percent to $1.05 billion (EUR 982million)...
Retail Jan 29, 2017 Rapaport News
Diamond Shares Sparkle in Bullish 2016
Jewelry and diamond mining stocks gained in 2016, ridingthe wave of resurgent financial markets in the last two months of the year.The strong performance mirrored the Dow Jones IndustrialAverage, which leapt 13 percent for the...
Financial-Legal Jan 01, 2017 Joshua Freedman
De Beers Diamond Jewellers New York Madison Avenue
De Beers Opens Signature Store in New York
De Beers Diamond Jewellers unveiled its flagship New York store, in which it features rough diamonds to give customers a better sense ofthe finished product’s origin.To mark the occasion, the jewelry retailer displayed a 109-carat, type-IIa...
Retail Dec 12, 2016 Rapaport News
bulgari lvmh
LVMH Watch & Jewelry Sales Rise
LVMH Moët Hennessy Louis Vuitton reported revenue fromwatches and jewelry increased in the first nine months of the year as its iconicBulgari jewelry brand gained market share.Sales rose 3 percent to $2.74 billion (EUR 2.49...
Retail Oct 13, 2016 Rapaport News
Bulgari Chinese NY store
Bulgari Lifts LVMH Jewelry Sales
LVMH Moët Hennessy Louis Vuitton reported stronger jewelry and watchsales driven by the Bulgari brand which “outperformed the market” in the firsthalf of 2016. Revenue from the business unit increased 4 percent on both a reportedand...
Retail Jul 27, 2016 Rapaport News
China luxury Shoppers
Making Luxury More Affordable in China
Diamond dealers still see China as the engine of industry growth but Premier Xi Jinping’s government can do more to encourage its development. As the country transitions to a consumer-driven economy, luxury products such as jewelry are considered expensive...
Retail Apr 27, 2016 Avi Krawitz
Bulgari LVMH
LVMH Hails Smartwatch Success as 1Q Jewelry & Watch Revenue Rises
LVMH Moët Hennessy Louis Vuitton’s watches and jewelry salesjumped 7 percent in the first quarter driven by an “excellent” performance fromBulgari and the “immense success” of the company’s connectedsmartwatch.With sales of $884.1 million (EUR 774million), watches...
Retail Apr 12, 2016 Rapaport News
bulgari lvmh
LVMH’s 2015 Jewelry Sales +19% as Bulgari Performs Strongly
LVMH Moët Hennessy Louis Vuitton reportedwatch and jewelry revenue grew 19 percent to $3.69 billion (EUR 3.31 billion)in 2015 over the previous year on stronger Bulgari results and a successfulrefocusing of TAG Heuer. Taking into...
Retail Feb 04, 2016 Rapaport News
lvmh diamonds
LVMH, Arnault, Catterton Join Hands to Create Consumer-Focused Private Equity Firm
Luxury giant LVMH Moët Hennessy Louis Vuitton haspartnered with private-equity group Catterton and French business magnate BernardArnault to set up what the trio claims will be the world’s largestconsumer-focused investment firm.As part of the...
Financial-Legal Jan 07, 2016 Rapaport News
lvmh diamonds
LVMH Buys Stake in Italian Jeweler Repossi
French luxury retailer LVMH Moët Hennessy Louis Vuitton hasacquired a minority stake in family-run Italian jeweler Repossi for anundisclosed sum.The partnership will enableRepossi to develop its distribution network while benefitting from LVMH’smanagerial know-how,...
Retail Dec 01, 2015 Rapaport News
bulgari lvmh
LVMH 9-Month Sales +18%, Watches and Jewelry +22%
LVMH Moët Hennessy LouisVuitton reported an 18 percent increase in revenue to $28.8 billion (€25.3billion) for the first nine months of 2015, with its watches and jewelrybusiness jumping 22 percent. Jewelry and watch salestotaled $2.7 billion...
Retail Oct 13, 2015 Rapaport News
bulgari lvmh
LVMH's Jewelry Division Operating Profit +91% to $227M
LVMH reported that revenue rose 19 percent year on year to $18.5 billion (EUR 16.71 billion) in the first half of 2015. However, organic growth, based on a comparable structure and constant-exchange rates, rose only 6 percent, meaning...
Financial-Legal Jul 28, 2015 Rapaport News
Bulgari Chinese NY store
Weaker Euro Boosts LVMH's 1Q Revenue
LVMH reported that a weaker euro helped to push the sales total of watch and jewelry up 19 percent year on year to $765 million (EUR 723 million) in the first quarter that ended on March 31. On a constant-exchange-rate basis,...
Retail Apr 13, 2015 Jeff Miller
bulgari lvmh
LVMH's Jewelry, Watch Sales +3% in 2014
LVMH reported that revenue rose 10.1 percent year on year to $10.6 billion (EUR 9.241 billion) in the fourth quarter that ended on December 31 and full-year sales rose 6 percent to $35 billion (EUR 30.64 billion)....
Financial-Legal Feb 03, 2015 Jeff Miller
Previous 1 Next
Show articles per page

Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
twitter twitter
About Rapaport
Advertise with us