Rapaport Intelligence Report: The Brand Divide
Luxury groups are reporting strong sales at their jewelry maisons. Why isn’t the diamond trade reaping the rewards?
Latest Retail
Group sales up 1.9% to $469.6 million.
Figure up 17% year on year to $1.64 billion in first half.
Stronger sales in key retail markets contributed to first half’s estimated improvement.
Spending down 0.6% from previous month to $763.6 billion.
Sales up 2% year on year to $1.11 billion.
Indian retailer also reports recovery in small-stone prices.
Sales from category up 30% year on year in first fiscal quarter.
Company also raised its guidance for the full year.
Revenue from jewelry, watches, clocks and other valuable gifts up 20% year on year.
Group sales up 2% for full fiscal year.
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