jewellery Archives - Inside Retail Asia

Pandora cuts Thai staff

397 employees to be cut from Pandora’s payroll.

New Zealand jeweller all but axes subsidiary chain

Jewellery firm acts after concluding strategic review.

New Zealand jeweller all but axes subsidiary chain

Jewellery firm acts after concluding strategic review.

Hong Kong jewellery shows attract 80,000

Two major Hong Kong jewellery shows hosted more than 80,000 buyers from 147 countries this month.

Hong Kong jewellery shows set to dazzle

Two Hong Kong jewellery shows are set to dazzle next month: the 3rd Hong Kong International Diamond, Gem & Pearl Show and the 33rd Hong Kong International Jewellery Show.

French jeweller Fred Hong Kong debut

The first Fred Hong Kong boutique has opened on the second floor of Elements shopping centre.

Sales lose sparkle for Luk Fook

In a continuing sluggish market, Hong Kong-based Luk Fook Jewellery’s overall sales dropped by a quarter in the three months to December 31.

Kingold Jewelry sales plunge

Kingold Jewelry has announced a 26.6 per cent fall in sales in the second quarter to June 30.

King Fook blames protesters for red ink

Luxury jeweller King Fook says it lost $149.25 million in the year to March 31, blaming the Occupy Central protest movement and the decline in cashed up Mainland shoppers. The group’s turnover from its retail business plunged 27.8 per cent to $817.6 million (from $1.13 billion the previous year) “following the general decline of the Hong Kong luxury goods retail market”. As the company discounted stock to increase sales, its gross profit margin fell from 23.7 per cent to 20.9 per ce…

Tse Sui Luen misses the Gold Rush

Listed Hong Kong jeweller Tse Sui Luen has reported a 46.7 per cent reduction in profit for the year to March 31.

Downturn? Not for The Hour Glass

Singapore listed watch retailer The Hour Glass Limited has defied the regional downturn in luxury watch sales.

Jubilee of Siam opens giant diamond boutique

Thailand’s Jubilee of Siam has opened what it says is Asia’s largest diamond boutique, a 1500 sqm store spread over four floors in the heart of Bangkok.