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?
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Boucheron and Pomellato drive 15% revenue jump.
“Excellent performance” at Tiffany and Bulgari fuels 3% bump.
Group sales up 15% year on year in first quarter.
Company posts $2.4 million deficit compared to $9.1 million for previous 12 months.
Revenue up 2% year on year for first six months.
Group revenue grows 32% as China and Hong Kong see strong results.
Retail sales value up 16% in second fiscal quarter.
Consumer spending up 0.2% to $768.6 billion for June.
Revenue for division up 21%, with growth in all regions.
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