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A shopkeeper passes through a jewelry screen in the window of the Luxury Goods Store managed by CIE.
Bloomberg | Getty pictures
Here is a diamond engraved ring and the richest gemstone necklace in the world, the richest in the world, the more wider luxury buyers continue to decorate with the best jewelry.
But don’t make mistakes, a mother-in-law bracelet is not to be confused with someone else. As a super rich, more elective, it will be better as it grows.
Written positive news for the Swiss luxury group RichemontVan Cleef & Arpels, Buccellati and Cartier, boast of some of the most searchable brands of the luxury jewelry market, including.
“Richemont’s jewelry brands really dream of consumer,” Squawk Box Europe, the head of the Sector Sector, “Squawk Box Europe for Global Luxury Goods in Bernstein.
“There is no discussion. Despite the efforts of Lvmh to challenge this management, I think other brands are clearly behind.”
Richemont on Friday declare In the fourth quarter of the expected, sales in the fourth quarter, caused 11% growth within the Jewelry Maisons branch. Jewelry for the full year is also growing 8% of the most powerful segment of the group.
The results are the main luxury names in the season Lvhm for Get dry and Burberry The neighborhood was slowed to sell until March, a return hopes in the sector.
Sales within LVMH’s watch and jewelry section, in 2024, Tiffany & Co., Bvlgari, Label Heuer and Hublot, in an organically organically reduced to 2% in an organic basis.
“We earn a market share of jewelry, branded and branded companies,” Richemont’s chairman Johann Rupert said during a call on Friday.
Hours fall in fashion
Despite the continuous charm of jewelry brands, Richemont is not completely immune to wider sector headers.
The performance of the specialist Clock Specialists Department, which introduces Piaget and Roger Dubuis, paints a more nuanced image. In 2024, Richemont’s watch sales fell by 13% in 2024, first of all, began with weakness in China. This landing ratio has slightly relieved in the second half of the year due to the restoration of the power in America.
“The global clock market was slow to slow down the volume. This led with the weakness of demand in China, the demand for more sustainability of high-level price segments,” he said.
Everyone and their dog bought a clock from Coven-19 and will take a while to digest.
Luca Loca
Sector Head for Global Luxury Goods in Bernstein
The picture is further clouding, Rolex, Pateguet and Audesars Piguet, many other award-winning Swiss Saats, features, are having a difficulty in decrypting their performance.
In addition to macroeconomy, Bernstein is the main nature of the Luxury Clock market – the main nature of the luxury – the lifetime, procurement, and inevitably make it slow to return it.
“Everyone and their dog purchased an hour from Covid-19 and will take a while to digest. Therefore, watching hours will be a fake for a fake longer.”
“People get jewelry more often and jewelry was cheaper than bags last year, so it is better dynamic in this category.”
Possible headings
Like fashion and leather products, the growth of a high-level jewelry market with other Haute Couture staples can stand against Richemont in good condition that revitalizes global trading headlines.
Richemont’s Rupert said that he did not receive the company’s price on Friday, said that it did not contradict the valuable warnings Other luxury and jewelry players.
Cartier, CIE unit. Richemont SA sits on the screen on a store front in luxury watches.
Bloomberg | Getty pictures
“The work is increasingly in the ark of jewelry in the ship, and hopes that the capacity of brands in this area,” Investment director in the Russian Majlis, AJ Bell celebrated Friday.
Nevertheless, analysts warn that the company can face problems threatening market preferences.
“Richemont continues to face several important headlines, including the influence of the Swiss Franc’s dollar, higher gold prices and tariffs, including tariffs,” he said.
