CPM Asia renames Hong Kong jewelry fairs
Hong Kong--CMP Asia, organizers of the Hong Kong Jewellery and Watch Fair, have renamed the show as the Hong Kong Jewellery and Gem Fair to better reflect the scope of the show.
Asia Fair concludes on high note
Hong Kong—CMP Asia, organizers of Asia's Fashion Jewellery and Accessories (AFJ) Fair, held in September, have announced the show was a success, noting a strong international presence, with...
GIA names international alumni award winners
Carlsbad, Calif.—The Gemological Institute of America (GIA) Alumni Association has announced the recipients of its new international alumni awards.
Tiffany's 3Q sales drop
New York--Weak U.S. sales led to a 1 percent drop in overall sales and a 7 percent drop in same-store sales for Tiffany and Co. for the third quarter, and the retailer says it is planning to cut...
Tiffany 2Q sales up 11 percent
New York—Second-quarter net sales for Tiffany and Co. worldwide increased 11 percent to $732.4 million for the three months ended July 31, largely buoyed by sales growth in the Asia-Pacific...
Hearts On Fire opens Macao outlet
Boston—The Hearts On Fire Co. (HOF) has announced the opening of a HOF retail store in the new Venetian Macao-Resort-Hotel in China, the world's largest casino hotel and premier shopping...
Tiffany to launch eyewear collection
New York—Tiffany and Co. has signed a 10-year eyewear licensing agreement, under which Luxottica Group will design, manufacture and distribute eyewear for the jewelry house under the Tiffany...
Christie's Hong Kong sees record sales
Hong Kong—The trend of ever-increasing watch and jewelry auction prices held strong this week, as sales in both categories broke records at Christie's Hong Kong.
Tiffany's 1Q sales up, but U.S. market weak
New York—Tiffany and Co. worldwide sales for the first quarter ended April 30 rose 12 percent to $668.1 million, with strong growth in the Asia-Pacific and European regions compensating for...
Watch sales drive growth for Richemont
Geneva—Richemont's year-end sales increased 10 percent to about $7.53 billion for the year (figures based on average exchange rates for the year), with sales from its jewelry maisons, and...
Macau jewelry, watch show set for January
Macau, China—After its debut in 2008, the Macau Jewellery and Watch Fair will be back in 2009, with a show set for The Venetian Macao, in Halls D and E of the Cotai Strip Convention and...
Bulgari loses some luster
For the first quarter, Italian jeweler Bulgari reported an increase in sales to $358.3 million—a figure which fell short of analysts expectations of $365.7 million, Forbes.com reported. The...
Antiquorum beats '07 results in spring auction
Geneva—Despite currency concerns, watch auctioneer Antiquorum said it fared well in its first auction of 2008, fetching $9.7 million in total sales, with 70 percent of its 806 lots sold in...
Inaugural Macau Fair sees strong attendance
Macau, China—The Macau Jewellery and Watch Fair made its debut in January, marking the first-ever international jewelry trade fair to take place at the beginning of the year in Macau.
Macau show debuts in January
Macau—The January Macau Jewelry and Watch Fair will debut from Jan. 10-13, 2008, at the Cotai Strip Convention and Exhibition Center at The Venetian Macao, a move organizers say is a milestone...
Hong Kong show invites East Coast manufacturers
Providence, R.I.—The organizer of the 2008 Hong Kong Jewellery and Watch Fair is offering to bring a select group of jewelry manufacturers from two East Coast states to the upcoming September...
Study: World's uber-wealthy still crave luxury
New York—Despite increasing costs and financial market turmoil, the world's high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (Ultra-HNWIs) continued to seek luxury items...
Asia fair to pack in pearl traders
Hong Kong—More than 40,000 jewelers from 140 countries and regions, and more than 2,400 jewelry companies from 47 countries and regions, are expected to converge in Hong Kong for Asia's biggest...
Demand high for Richemont goods in 2007
Geneva—Swiss luxury group Richemont has reported an 8 percent increase in sales at actual exchange rates to 1.673 billion euros (about $2.438 billion) for the three-month period ended Dec. 31,...
The jewelry trade bets on Macau
Macau, China—The first-ever Macau Jewellery and Watch Fair opened today, further proof that this former Portuguese colony is giving Las Vegas a run for its money.