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The trade war between the US and China has been partially blamed for a 10 per cent fall in Luk Fook sales. In a quarterly sales update, the Hong Kong-listed jewellery retailer said a relatively higher base in the comparable period also contributed to the…
American luxury jewellery and specialty retailer Tiffany & Co will open a new freestanding boutique at Greenbelt 4 in Makati City, the Philippines tomorrow, July 12. The coming launch was featured in Lifestyle online magazine for its understated luxurious…
American private equity business TPG Capital Management is heading an investment collective to acquire 30 per cent of Hong Kong jeweller APM Monaco. While financial details have not been revealed, a person with knowledge of the transaction suggested that the…
Jeweller Tiffany & Co is launching its first Tiffany Cafe in Tokyo. The new Tiffany @ Cat Street concept store is located on the top floor of the Tadao Ando-designed Bank Gallery, in the Harajuku district. It follows the launch of the brand’s Blue Box Cafe in…
Jewellery retailer Michael Hill’s revised operating model is showing some encouraging signs, with sales falling at a slower rate in the March quarter compared to prior periods. Over the three months to March 31, 2019, total sales fell by 0.8 per cent to…
Skechers Singapore is opening Southeast Asia’s largest and first duplex experiential concept store, at Jewel Changi this week. Set to open on Thursday (April 11), the 5000sqft space will incorporate new visual-merchandising and store-design elements with the…
Australian jewellery retailer Secrets is gearing up for international expansion online, with New Zealand slated to be its next major market. Customers in New Zealand can currently order from the Australian Secrets website, and while details are scarce, the…
Hong Kong retail sales fell 1.6 per cent in the first two months of this year. February’s sales were always expected to be down on last year due to the timing of Lunar New Year. They fell 10.1 per cent, while the revised figure for January was an increase of…
Jewellery retailer Pandora has been told by the consumer watchdog to amend its refund and warranty policies in Australia following complaints from some of their customers. The Australian Competition and Consumer Commission said they have received complaints…
Emperor Watch & Jewellery sales rose strongly in Hong Kong and Macau last year, due to a rebound in tourism in the first half and the opening of new stores. Hong Kong remained the group’s core market, with sales there up 19.6 per cent. In Macau, sales rose…
From social media filters, to reshape the concept of traditional retail, Augmented Reality (AR) is rapidly growing in popularity because it brings elements of the virtual world, into the reality, thus enhancing the things we see, hear, and feel. AR has made…
Two major jewellery shows organised by the Hong Kong Trade Development Council (HKTDC) will open next week. The sixth HKTDC Hong Kong International Diamond, Gem & Pearl Show, which showcases jewellery raw materials, will take place at AsiaWorld-Expo from 26…
When Mithun Sacheti founded CaratLane 10 years ago, e-commerce was at its infancy in India and no one could have imagined that Indian consumers would be ready to buy jewellery online. CaratLane was founded with a mission to democratise jewellery – to make…
The Board of Directors of Pandora has appointed Alexander Lacik as President and Chief Executive Officer. Mr. Lacik’s strong track-record as a consumer marketer and brand architect will help drive the execution of Programme now and assert Pandora’s position…
If you were in Hong Kong for Valentine’s Day you must have seen cascades of flowers around the city, couples flooding the restaurants, and inevitably thought: “love is definitely in the air”. You were actually right. Hong Kong is one of the top Asian markets…
Zoya, the exquisite diamond boutique from the House of Tata, has reopened its flagship store in Delhi, amidst a glittering celebration, graced by connoisseurs of design from Delhi’s high society. Located in the iconic South Extension neighbourhood, the new…
