Jewelry One of Stronger Categories in Ailing China Luxury Market

Segment contracted 10% to 15%, while fashion and watches had much steeper drops.

What’s the Forecast for 2023?

Industry insiders share their New Year predictions and plans.

China’s Recovery Is a Long Way Off

Empty stores and a challenging economy indicate a slow New Year season ahead.

Petra Diamonds Notes Shaky Demand

Miner extends latest tender due to “unusual market conditions.”

Chow Tai Fook Sales Get Boost from Local Market

Strong spending in Hong Kong and mainland China outweighed challenges in Macau.

Luk Fook Sales Jump Amid Drop in Gold Price

Lower rates enticed consumers to spend in second fiscal quarter.

US Platinum Sales Defy Economic Slump

Demand spiked in second quarter but could slow amid geopolitical and economic challenges, says trade group PGI.

Chow Sang Sang Sales Drop Amid Covid-19 Wave

Group revenue down 7% year on year in first half.

Sarine Sales Slip in Slower Diamond Market

Sarine Technologies’ revenue and earnings fell in the first half of 2022 as market pressures around the world dented demand for the company’s manufacturing equipment.

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