GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

LVMH 2016 revenue for 9 months reaches $29.3B

12 october 2016
French luxury brand LVMH Moët Hennessy Louis Vuitton recorded revenue of $29.3 billion (€26.3 billion) over the first nine months of 2016, GEMKonnect reports. This is a 4 percent growth when compared with the same period last year (5 percent when measured at constant exchange rates).
LVMH’s performance was buoyed by its perfumes and cosmetics business group that rose 6 percent and its watches and jewellery brands including Tag Heuer, Bulgari and Chaumet, which grew 3 percent. Tag Heuer’s growth came in a tough market, boosted by its Connected smartwatch.
Performance in the third quarter improved over the first half, with Asia, Europe and the United States performing well overall.
Both Japan and France on the other hand, did not add to the growth performance, with both markets seeing a decline in tourist traffic.