Richemont’s Half-Year Sales Up 29%, led by Asian Demand and Jewelry and Watch Sales

Luxury goods conglomerate, Cie. Financiere Richemont SA, said Friday that sales for the six-month period, ended September 30, increased by 29 percent to 4.2 billion euros ($4.68 billion), year-over-year. At constant exchange rates (stripping out the effects of currency exchange rates), the increase was 36 percent.The Swiss company reported solid growth across all segments, regions and channels.

Richemont Reports Record Jewelry and Watch Sales

Cie. Financiere Richemont SA reported Thursday that sales for its fiscal year increased 33 percent to nearly 6.9 billion euros ($9.84 billion). Operating profit for the year, ended March 31, increased 63 percent to 1.35 billion euros. ($1.92 billion).

The Geneva-based luxury goods company reported strong sales across all segments and regions. Among the big winners for the year were jewelry and

Jessica Alba to Star in Piaget’s Possession Collection

Piaget has tapped actress Jessica Alba as an ambassador for its new Possession jewelry collection.
The Swiss luxury jewelry and watch brand used Alba on a multi-media campaign to promote the jewelry line. To create the imagery, Piaget commissioned photographer, Patrick Demarchelier, stylist Brad Goreski, make-up artist Lauren Andersen and hair stylist, Renato Campora.
The team created six

‘Singing Bird Pistols’ Could Fetch $5 Million at Christie’s Hong Kong Auction

“Singing Bird Pistols” at Christie's Hong Kong

A pair of matching gold and enamel “Singing Bird Pistols” is the highlight of Christie’s Hong Kong Important Watches Spring Sale on May 30. The matching mirror-image pistols set with diamonds, agate and pearls, attributed to world-renowned craftsman Frères Rochat, is the only publicly known pair of singing bird pistols in the world, according to

London Restaurant to Serve a Royal Wedding Piaget Jewelry Giveaway with Champagne

The exterior of Cafe Luc in London.

No, this isn’t a restaurant review. But jewelry loving readers of this website who are in London to attend the British Royal Wedding of Prince William and Catherine Middleton may want to make a special pilgrimage to this London eatery.
As a way to celebrate the Royal Wedding, Café Luc in the city’s Marylebone district is offering champagne lovers the chance

Richemont 3Q Jewelry Sales Up 20% and Watch Sales Up 21%

Cie. Financiere Richemont SA said Monday that third-quarter revenue rose 33 percent to 2.1 billion euro ($2.8 billion), led by the acquisition of online fashion retailer Net-a-Porter.com. At constant exchange rates (when currency shifts are removed) revenue grew 23 percent.By category, the Swiss company’s jewelry business (made up of Cartier, Van Cleef & Arpels), increased by 20 percent at