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Watchmaker will also switch to artisanally mined gold.
Customers plan to buy nine gifts this year, compared to 16 in 2021.
Revenue from company’s “other houses” segment up 17% in third quarter.
The success of the synthetic and natural diamond markets depends largely on the narrative of the retail jeweler.
Strong spending in Hong Kong and mainland China outweighed challenges in Macau.
Lower rates enticed consumers to spend in second fiscal quarter.
Production up 43% year on year following mine takeover.
Figure flat month on month compared to 0.4% increase in August.
Jewelry revenue up 25% year on year in third quarter.
Jewelry division climbed 18% year on year in second quarter.

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