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QVC International Revenue Increases 15% in 4Q to $751 Million

March 3rd, 2010 | No Comments | Posted in DRTV Retailer, Gemstones, International, Jewelry (fine)

Source article recaps QVC’s 2009 performance in its home market and abroad. Among the details: QVC Japan lowered price points and sold less jewelry in the fourth quarter for a 17% increase in unit sales.  In European news, QVC will begin airing in Italy in the fourth quarter of this year.  www.DiamondNe.ws Mar. 3, 2010

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Harry Winston Alum Carol Brodie Returns to HSN with Her Rarities Collection

July 21st, 2009 | Comments Off | Posted in Jewelry (fine)
Carol Brodie

Carol Brodie

Once a ubiquitous TV-talk-show presence during awards season, Carol Brodie worked with celebs and their stylists for a decade as global communications director for Harry Winston.  Now, she’s putting that background to work as a designer of her own Rarities fine jewelry line on HSN.  The three-hour premiere sold out in June.  She’s back for a tassel-laden encore this Friday.  The Cleveland Plain-Dealer July 21, 2009

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Survey: 27% of Upscale U.S. Households Plan to Curtail Jewelry Purchases

October 14th, 2008 | Comments Off | Posted in DRTV Retailer, Jewelry (fine), Research, Trends, Forecasts

A September study of well-to-do U.S. households conducted by American Express Publishing and the Harrison Group found that 27% intend to cut back on jewelry purchases by an average of 59% this year.  Only 4% of those polled plan to increase jewelry spending.  Jewelry Television thinks new high definition TV offerings, more generous payment terms and an increase in programming designed to appeal to a younger audience will help it weather the downturn.  Still, the company is not expencting to improve on last year’s sales of roughly $500 million. Israel Diamond Industry Portal Oct. 7, 2008

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Attendance Holds Firm at Bangkok Gems & Jewelry Fair

October 13th, 2008 | Comments Off | Posted in Gemstones, International, Jewelry (fine), Trade shows & exhibitions

Despite the worldwide economic crisis and political unrest in Thailand, the Bangkok Gems & Jewelry Fair seemingly turned in a strong performance last weeek.  Attendance held steady.  Trade receipts amounted to $784 million and 1,115 companies exhibited.  JCK Online Oct. 10, 2008

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Luxury Retailers See Leaner Times Ahead

October 10th, 2008 | Comments Off | Posted in Apparel, Jewelry (fine), Research, Trends, Forecasts, Watches

For many of the world’s best-known luxury brands — jewelry makers, watch makers and high-end fashion houses — these have been very good times.  Any softness in sales in the U.S., Europe and Japan has been more than made up for by emerging markets like China and Russia.  But they think that’s going to change and they’re starting to retrench. The Wall Street Journal Oct. 8, 2008  Paid subscription may be required.

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Luxury Watches and Jewelry Drive 4.5% YTD Revenue Growth for LVMH

October 9th, 2008 | Comments Off | Posted in Jewelry (fine), Suppliers, Watches

Watches and jewelry sales grew 11 percent to 656 million euros ($894.4 million) for the first nine months of 2008, year-over-year, the strongest category for luxury goods conglomerate LVMH Moët Hennessy Louis Vuitton.  TAG Heuer and Hublot turned in particularly strong performances.  JCK Online Oct. 9, 2008

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