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Part two of Jeweller’s analysis of the jewellery and watch industries explores how international brands have expanded their presence in the Australian market – and how the brand-only store model has increased competition with independent retailers. ....
ET Panache NEWS Powered by LVMH promotes Arnault scion to lead Tiffany after $16 bn deal; ready to give jewellery brand a makeover SECTIONS LVMH promotes Arnault scion to lead Tiffany after $16 bn deal; ready to give jewellery brand a makeoverReuters Last Updated: Jan 08, 2021, 01:11 PM IST Share Reuters Analysts expect that LVMH, home to brands including Fendi and Veuve Clicquot champagne, will review everything from Tiffany s network of stores to strategies in areas such as online sales as it repositions the brand and streamlines it. Related PARIS/NEW YORK: LVMH installed the son of company founder Bernard Arnault in a new leadership team at Tiffany on Thursday after the French luxury goods group concluded its $15.8 billion acquisition of the U.S. jeweller. ....
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2020 in a Nutshell: Top Headlines and Births, Deaths & Marriages Posted January 06, 2021 | By Jeweller Research What have you been reading? Revisit 2020 s most popular stories and headlines on Jewellermagazine.com by category: Everything that can be said about 2020 has already been said. The year of COVID-19 will go down in history as one that changed the world – and most businesses. You lived it, and probably want to forget it; however, 2020 taught us lessons about ourselves, the world, and the way our industry will be reshaped into the future. Rather than pretending 2020 didn’t happen, let us remind ourselves of all that we discovered – and overcame – by revisiting some of ....
New retail data indicates strong Christmas trade, fewer discounts Posted January 06, 2021 | By Arabella Roden ⢠Editor Recently released jewellery sales data, compiled by Retail Edge Consultants over the end of November and December, shows that the pre-Christmas period continued the positive momentum observed in prior months. Described as a “fantastic result” by Retail Edge analysts, sales in dollars increased by 26 per cent compared with December 2019. Michael Dyer, sales manager at Retail Edge, told Jeweller that the results continued the “consistent pattern and momentum” of increasing jewellery sales over the previous five months: “It has consistently been up month-to-month, and that carried into December. That was very pleasing, because it wouldn’t have been out of the question that people had bought gifts for Christmas early and therefore December might have been flatter,” Dyer explained. ....