Luxury slowdown hits LVMH as fashion falters
LVMH’s fashion division declines by 5% as luxury spending slowdown impacts one of France’s most valuable companies in Q3 results.
LVMH’s fashion division declines by 5% as luxury spending slowdown impacts one of France’s most valuable companies in Q3 results.
Rare watches may sell for high prices, like the Voutilainen 28Sport, exceeding estimates.
Rolex Daytonas fetched £37.3M at auction, while Cartier set a new record, highlighting shifts in luxury watch collecting.
Japan’s jewelry sales surged 19% in H1 2026, hitting a record ¥330 billion as consumers turn to gold, diamonds, and gems amid economic pressures.
Alrosa reports $129M loss in 2026 due to weak diamond demand and sanctions, marking a significant decline from 2025 profits.
Anglo American is in talks to sell its De Beers stake for about $1 billion, a potential major shift in the diamond industry.
Qatar Diamond Exchange partners with Italy's Borsa Diamanti to expand networks and strengthen ties, announced at the CIBJO Centenary Congress in Vicenza, Italy,
Australia's first natural lattice sunstone, found in the Northern Territory's Harts Range. A rare geological phenomenon unveiled.
CIBJO's centenary congress highlights how natural diamond demand dominates industry standards, influencing global jewellery supply chains.
The world's largest jewellery show returns to Hong Kong this September. JGW 2024 opens at AsiaWorld-Expo from Sept 14-18 with 3,000+ exhibitors.
© 2026 Wedding Jewelry. All rights reserved.
Theme by Auto UI Theme Builder.