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JEWELLERY: Hallmarking down over 40% in June as Covid impact continues

  • Date: 13-07-20
  • Category: JEWELLERY
  • Source: Jewellery Focus

The impact of the coronavirus on UK hallmarking has continued in the month of June with the total number of pieces hallmarked during the month down by 45%.

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JEWELLERY: Customers return to Hong Kong’s protest-hit jewellery shops to sell their gold as coronavirus pushes prices sky high

  • Date: 16-03-20
  • Category: JEWELLERY
  • Source: SCMP

Customers return to Hong Kong’s protest-hit jewellery shops to sell their gold as coronavirus pushes prices sky high

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JEWELLERY: Virus hits China's gold jewellery demand as shoppers stay away

  • Date: 12-02-20
  • Category: JEWELLERY
  • Source: FX Street

Sales of gold jewellery in China are set to plummet this year as the economic damage from the deadly coronavirus crisis widens.

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JEWELLERY: Marks & Spencer sells the most stunning proposal rings from £12.50

  • Date: 17-01-20
  • Category: JEWELLERY
  • Source: Hello Magazine

Proposal rings are one of the biggest trends for couples getting engaged in 2020. Designed to be given at the time of proposal, they’re perfect for those who would prefer to choose their engagement ring as a couple, they’re a great compromise for someone nervous about getting it right. While some may consider this a little impersonal, we prefer to think of it as the best of both worlds - you get a pretty ring that your loved-one has chosen, and can pick out something you both love together.

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JEWELLERY: World’s Second Largest Jeweler to Shut Down About a Fifth of Its Hong Kong Stores

  • Date: 14-01-20
  • Category: JEWELLERY
  • Source: Bloomberg

Chow Tai Fook Jewellery Group Ltd. said it plans to shut about 15 of its Hong Kong stores after their leases expire this year, as the city’s retail market continues to be weighed down by ongoing anti-China protests.

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JEWELLERY: Tiffany Presents Its Interim Holiday Period Sales Results

  • Date: 13-01-20
  • Category: JEWELLERY
  • Source: Tiffany

Tiffany & Co. today presented its preliminary sales results for the interim period from November 1, 2019 through December 24, 2019 (the “2019 interim holiday period”). Worldwide (unaudited) net sales for the 2019 interim holiday period increased approximately 1 - 3% as compared to the same period in 2018. Alessandro Bogliolo, Chief Executive Officer, said, “We are pleased to present our interim sales results for this important season, which reflect improved global trends compared to previous quarters this year.

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JEWELLERY: De Beers has its toughest year since 2009 global financial crisis

  • Date: 19-12-19
  • Category: JEWELLERY
  • Source: Business Live

De Beers, the world’s largest rough diamond seller by value, marked the end of a very difficult year with total diamond sales falling by $1.35bn to its lowest level since the global financial crisis.

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JEWELLERY: Tiffany profit falls short on weak demand in Americas, Hong Kong

  • Date: 05-12-19
  • Category: JEWELLERY
  • Source: Reuters

(Reuters) - Luxury jeweler Tiffany & Co (TIF.N), which is being bought by Louis Vuitton owner LVMH (LVMH.PA), missed market expectations for quarterly profit and sales on Thursday, hit by lower spending by foreign tourists in the United States and Hong Kong.

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