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Jewelers are overpricing synthetics, says Olivia Landau of The Clear Cut.
Veteran executive will exit retailer on April 30, 2024.
Revenue from jewelry, clocks and valuable gifts up 27% year on year in October amid tourism rebound.
Performance in municipality outweighs weak Chinese diamond demand.
Figure beat NRF’s original prediction by more than 18 million.
Spending on category was 99% higher than average day in October, Adobe reports.
Jean-Marc Mansvelt will go from Chaumet to Berluti, while Charles Leung heads to Chaumet from Fred.
Jewelry market will exceed $32 billion this year amid investment demand, report estimates.
Hong Kong jeweler reports loss of $7.5 million for first fiscal half.
Tourist rebound and positive consumer sentiment drove growth in first fiscal half, Hong Kong jeweler says.

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