Hong Kong SAR

Richemont’s jewellery maisons’ sales rise to 24%

Richemont’s three jewellery maisons’ – Buccellati, Cartier and Van Cleef and Arpels have reported 24% increase in sales in FY23, according to its trading update for its first quarter ended 30 June 2023. According to the report, sales progressed in all channels and regions excluding the Americas where sales were…

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Richemont Q1 sales rise 12% to £2.55bn

Richemont has reported sales growth of 12% for the first quarter ending 30 June 2022, rising from €4.39bn (£3.72bn) to €5.26bn (£4.46bn), with its Jewellery Maisons business also delivering 12% sales growth from €2.51bn (£2.13bn) to €3bn (£2.55bn). The group’s other business areas, mostly composed of Fashion and Accessories Maisons,…

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Hong Kong jewellery shows postponed amid coronavirus fears

Organisers of two Hong Kong jewellery shows, The Hong Kong Trade Development Council (HKTDC), have confirmed that the upcoming shows will be postponed following the recent outbreak of coronavirus in China. The HKTDC Hong Kong International Diamond, Gem and Pearl Show and the HKTDC Hong Kong International Jewellery Show were…

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