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10/05/2024 07:43Watches of Switzerland (UK based) has acquired Roberto Coin Inc. the US division of the Italian jeweller and 6th largest brand in the US by sales through 400 points of sale, for US$130m. The acquisition will allow the group to increase the volume of Roberto Coin jewelry in its own retail network as well as the exclusive right to expand the wholesale reach of Roberto Coin Inc., which will operate as a standalone company within the group. The acquisition demonstrates the increasing importance of branded jewelry in the global retail landscape, National Jeweler notes.
08/05/2024 05:32This year's MET Gala red carpet in Manhattan, the most prestigious and glamorous fashion event of the year, themed "The Garden of Time" was dripping in diamonds. The Natural Diamond Council (NDC)'s Only Natural Diamonds site lists an impressive overview of the world's rich and famous and what they wore on the annual fundraising gala, with some of the most lavish and exquisite diamond jewelry pieces taking center stage.
03/02/2022 09:50The Jewelers Board of Trade (JBT) statistics for 2021, detailing the jewelry retail landscape in North America (USA & Canada) reflect the booming jewelry market trends. In 2021, more new jewelry stores opened, up 151% y-o-y, and less jewelers closed, the majority ceasing activities, than in previous years.
