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Search Results - July 2023

your search of 'July 2023' has 55 results.

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News
LVMH benefiting from the retail rebound in Asia

French luxury conglomerate Louis Vuitton Moët Hennessy (LVMH) has recorded strong second-quarter sales in Asia and Europe, outweighing struggles in the US market. Read more »

News
LVMH joins Olympic Games as a major sponsor

The 2024 Olympics Games in Paris has a new major sponsorship agreement with luxury conglomerate Louis Vuitton Moët Hennessy (LVMH). Read more »

News
Concern over the increasing use of alternative payment methods

New research has revealed that alternative payment methods such as ‘digital wallets’ will soon account for more than 34 per cent of all e-commerce sales in Australia. Read more »
The company’s sales increased by six per cent on a year-by-year comparison, a particularly impressive result given that Michaell Hill set a new record for sales and margin in the past year.

News
$628 million: Another year of increasing sales for Michael Hill

Michael Hill International has reported another strong full-year financial report despite sales slowing in the second half. Read more »
As part of the executive order, the US Government aims to ‘degrade Russia’s current and future military capabilities’ and ‘curtail Russia’s use of the international financial system to further its war.’ | Source: Alrosa

News
New Alrosa CEO sanctioned by US, sales slow for De Beers

The US Department of State has expanded its sanctions to include newly appointed Alrosa CEO Pavel Marinychev as the conflict in Ukraine continues. Read more »
Trendsetters such as Dua Lipa, Ellie Goulding, Miley Cyrus, Nicole Scherzinger, and Katy Perry have all driven increasing interest in Sif Jakobs, particularly among younger consumers.

News
Sif Jakobs to make a splash at Sydney Fair

Following a number of new celebrity endorsements of Sif Jakobs Jewellery, its Australian distributor is anticipating big things from the brand at this year’s International Jewellery Fair. Read more »

News
Sydney Fair: Discover the secret to overcoming every jeweller’s biggest challenge

When asked about the most challenging aspect of retailing, jewellers will almost always mention the difficulty of standing out in a competitive and crowded market. Read more »
Jewellery was the company’s best-performing division, while sales at watchmakers benefited from ‘thriving retail sales’. | Source: Watchpro

News
Richemont performs well in Asia, off-setting decline in US

Swiss luxury goods company Richemont has enjoyed a strong rise in sales off the back of healthy demand in the Asia Pacific region. Read more »
The UK-based retailer reported sales of £1.54 billion ($AU2.94 billion) for the year that ended 30 April – a record for the company. | Source: Watches of Switzerland

News
Watches of Switzerland sets revenue record

Amid positive consumer demand for luxury timepieces, Watches of Switzerland’s group revenue increased by 25 per cent for the full fiscal year. Read more »
Luk Fook’s same-store sales – at locations open for at least one year – increased by 62 per cent. The company now operates more than 3,000 stores in the region. | Source: Luk Fook

News
Retail rebound continues for Luk Fook

Hong Kong jewellery retailer Luk Fook enjoyed a strong rise in sales in the opening quarter of the financial year. Read more »
On 11 July, just one day before a resolution to liquidate Everledger, Leanne Kemp began advertising herself as a speaker at the ‘Founder and CEO Summit’ hosted by Women’s Business Club. Even though organisers have since cancelled her appearance Kemp’s Twitter account still promotes her attendance.

News
Pulled: Everledger’s Kemp ‘cancelled’ as Summit speaker

Following the $AU19 million collapse and liquidation of diamond tracing company Everledger Australia, the bad news has continued for founder Leanne Kemp. Read more »
A preliminary investigation of 60 scammer emails offering to sell intellectual property found that 50 were operating via GoDaddy.

News
US tech giant GoDaddy silent amid jewellery scammers controversy

Since the world has ‘reopened’ for business following the global pandemic there has been an increasing number of scams targeting the international jewellery industry. Read more »
Daniel Wellington is available in more than 50 markets and to date has sold over nine million watches. The products are designed in Stockholm and have been endorsed by brand prominent ambassadors such as Kendall Jenner and Hailey Bieber. | Source: DW

News
Duraflex secures new partnership with Daniel Wellington

Duraflex Group Australia (DGA) has been appointed the exclusive distributor of the Swedish watch and jewellery brand Daniel Wellington. Read more »
The Australian Opal Exhibition is scheduled to take place in Southport on 2-3 August.

Directory
20th Australian Opal Exhibition – Exhibitor Directory

The 2023 Australian Opal Exhibition invites the global jewellery trade to view an extensive display of Australia's most beautiful opal and opal jewellery; the world's most premium Australian opal suppliers bring you the largest ever range to be seen in one attractive location. Read more »
In 2008, Sir Michael Hill was recognized as Ernst Young “Entrepreneur of the Year” and in 2011 was appointed a Knight Companion of the New Zealand Order of Merit for services to business and the arts.

News
Michael Hill ‘satisfied’ with financial year results

Michael Hill International has reported a 6.8 per cent increase in revenue for the financial year ending 30 June 2013, even though sales were said to be difficult in all of its markets during the fourth quarter. Read more »

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