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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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.