November 2022 Jewelry News, Views, Tendencies And Happenings

The report signifies that income has declined three per cent, to $US2.1 billion, while sales have fallen four per cent. However, watches and jewellery – comprised of Bulgari, Chaumet, Fred, TAG Heuer, Hublot, Zenith and Dior Montres – stays its smallest division, answerable for 9 per cent of total revenue. French police have arrested three suspects after armed robbers stole €10m worth of jewelry from a Paris retailer on Place Vendome. In the watch market, branding has long been firmly entrenched and Nils Rasmussen from Jarass, which provides Skagen Denmark watches, agrees with this view of survival of the fittest. …

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