* Aims to break into luxury goods market * Looking to challenge likes of Bulgari,Tiffany,Cartier * First collection price tags from $40,000 to $7 million GOODWOOD HOUSE, England, Sept 9 - Revived luxury firm Faberge,...
* Sales fall 16 percent at actual exchange rates * In line with forecast of 15 percent drop in Reuters poll * Says sees lower H1 profitability ZURICH, Sept 9 - Richemont, the luxury goods...
* Stores in China could double within 4-5 yrs * China could be Cartier's largest market within 3-4 yrs * China, Middle East...
Discount diamond seller Zale reports on a tough quarter.
* Q2 EPS ex-items 39 cts, beats Wall St view by 6 cts * Sales fall 16 pct but top Street expectations * Raises FY EPS view to $1.65-$1.75 from $1.50-$1.60 * Shares up 8.7...
* Demand for Swiss watches seen picking up * Asia, Middle East demand vital contributor * Big players may benefit as they kept skilled workers PLAN-LES-OUATES, Switzerland, Aug 27 - Swiss watchmakers are preparing for...
* Sources say money to be used for state diamond purchases * State support may help Alrosa service debt * Alrosa sought $3 billion in state purchases in 2009-10 MIRNY, Russia, Aug 21 - Russian...
* Putin says state diamond purchases to rise * State support may help Alrosa service debt * Alrosa sought $3 billion in state diamond purchases MIRNY, Russia, Aug 21 - Russian Prime Minister Vladimir Putin...
The yellow metal's rightful place is in jewelry, not monetary policy.
* China alone sees jewellery demand rise 6 pct in Q2 yr/yr * India retail investment slumps 56% in Q2 yr/yr * High prices, economic slump dent demand in Asia TOKYO, Aug 19 - Jewellery...