LVMH reported revenue growth of 26 per cent Y-o-Y to USD 16 bn in H12012. Group profit rose 28 per cent to USD 2 bn. The luxury group, which acquired Bulgari one year ago, reported organic growth (comparable sales at constant exchange rates) of 13 per cent Y-o-Y for the watches and jewellery segment. With Bulgari’s or \nc.1vxded,sates f evenue ... Read More »
This year there was a dominant trend of light weight jewellery in various designs and hues, in keeping with the aspirations of the younger generation. For example, Mumbai-based, Shubh Jewellery launched a wide range of convertibles ‘, which are versatile and can be worn for many occasions. Similarly, p.marigatram , a Hyderabad based manufacturer launched the world’s lightest necklace by ... Read More »
The outlook for the platinum jewellery market next year is showing signs of strength after a positive 2012, according to Dr Jonathan Butler, an expert on the precious white metal. In an article for Retail Jeweller, he explains how India and China are driving global demand for platinum jewellery, while appetite for the metal is holding up well in Europe. ... Read More »
A recent sentiment survey conducted by GfK Retail and Technology USA commissioned by Platinum Guild International (PGI-USA), reports strong gains in platinum bridal jewelry sales for 2012, with 77 percent of retailers reporting same or better platinum sales compared with 2011. Amongst PGI-USA Preferred Platinum Partners, 87 percent reported same or better sales, a 4.4 percent increase in platinum business ... Read More »
South indian film actress, samanath prabhu unveiled GRT Jewelers’ new range of platinum jewelry, available at a starting price range of Rs. 10,000 on wards. Akshaya Trithiya, one of the four most auspicious days of the Hindu calendar, falls on the May 13 this year. The new GRT Jeweler collection offers a range of precious platinum jewelry for every day ... Read More »