Double digit increase in sales for Michael Hill

Michael Hill International is expected to report record sales of in excess of $363 million with the release of its half-year results within the next month.
http://dlvr.it/ShHTqw

Record high for European jewellery leader LVMH

French luxury conglomerate Louis Vuitton Moët Hennessy (LVMH) has reached a market capitalisation of €400 billion ($AU623.93 billion) for the first time.
http://dlvr.it/ShHHHB

Pandemic restrictions damage Asian jewellery retail sales

The COVID-19 pandemic and ensuing government restrictions on public gathering have continued to wreak havoc on China’s jewellery retail sales.
http://dlvr.it/Sgx9Vn

Morgan Stanley warns against investing in high-end watches

The second-hand market for luxury timepieces has been a treasure trove for certain collectors in recent years, however, one industry expert is cautioning against viewing the world’s most sought watches as an investment platform.
http://dlvr.it/SgpNVK

Campaign continues to bolster India’s lab-created diamond industry

Leaders within India’s jewellery industry have requested the removal of import duty on crucial materials used for the manufacturing of lab-created diamonds.
http://dlvr.it/SghLnc

Loyalty program boom for Michael Hill

Michael Hill International CEO Daniel Bracken has lifted the lid on the Australian jewellery retailer’s impressive sales performance during the pandemic, and in the year that followed.
http://dlvr.it/Sgdz92

Diamond industry experts share expectations for 2023

As suppliers and retailers alike bid farewell to a tumultuous and unpredictable 2022 and look ahead to the new year, diamond industry experts have shared their vision of the road ahead.
http://dlvr.it/SgbmWM