Against the backdrop of increasing competition between the two largest players — Cartier and Tiffany — plus newcomers, the sector is expanding, bringing new opportunities.
The Long View by Vogue Business: Inside the luxury jewellery boom
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Diamonds: A Girl’s Best Friend And Now A Unique Investment Opportunity For Women
This article was originally written by Jane Hanson for Forbes and published on April 25, 2023. Elizabeth Taylor once said, “Big girls need big diamonds.” Dana Auslander agrees. The veteran hedge fund executive is shaking up the investment world, creating a unique new asset class that sits at the intersection of finance and luxury, and gives all women […]
Hermès, Worth $218 Billion, Is Now the World’s Second-Most Valuable Luxury Brand
The luxury brand reached a historic milestone by exceeding a €200 billion ($218 billion) market value this week, per Bloomberg, soaring past Swiss pharmaceutical giant Novartis AG. This impressive feat is attributed to the luxury brand’s strong performance, rallying approximately 30 percent so far in 2023, buoyed by investor confidence in the high-end market’s continued success.
IGI CEO Confirms Report of Potential Sale
The company that owns an 80 percent stake in the Antwerp-based lab reportedly believes it is worth more than $200 million.
Hermes Shares Rally as Luxury Sector Defies Retail Gloom
The rich keep spending. Luxury goods maker Hermes International’s stock soared Friday after the company reported sharply higher profit and revenue despite global recession fears.
Collecting guide: Art Deco jewellery
The rich keep spending. Luxury goods maker Hermes International’s stock soared Friday after the company reported sharply higher profit and revenue despite global recession fears.