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Macao's Diamond Exports, Watch Imports Surge in 1Q
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Macao exported $6 million (MOP 48.1 million) worth of diamonds and diamond jewelry in March, an increase of 113 percent year on year, while exports of clocks and watches surged 54 percent to $4.1 million (MOP 33 million). The first-quarter's...
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Manufacturing
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May 06, 2013
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Jeff Miller
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Bulova Expands Diamond Watch Collection
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Press Release: Bulova introduces an extraordinary extension of its renowned diamond collection. Breathtaking statements of individuality and artistic allure, the Bulova Diamond Collection presents a vast array of seductive silhouettes adorned with hand-set diamonds, epitomizing...
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Watches
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May 01, 2013
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Bulova
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Expensive Basel Show Frustrates Diamond Suppliers
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Diamond exhibitors reported steady sales and strong demand for unique stones at the Basel show; however, they were frustrated by show expenses and venue changes made at this year's fair. “It’s an expensive show...
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Polished Markets
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Apr 30, 2013
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Avi Krawitz
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Research
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Apr 25, 2013
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Jeff Miller
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Baselworld Unveils New $454M Exhibition Space
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The management of the Baselworld trade fair unveiled its renovated exhibition space on Wednesday that was constructed at a cost of $454 million (CHF 430 million). “The new exhibition venue is the largest investment ever made...
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Polished Markets
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Apr 24, 2013
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Avi Krawitz
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LVMH's Watches & Jewelry Sales -1%
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LVMH Moët Hennessy Louis Vuitton reported that sales rose 6 percent year on year to $9 billion (EUR 6.95 billion) in the first quarter that ended on March 31. Same-store sales rose 7 percent. The luxury group...
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Retail
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Apr 16, 2013
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Jeff Miller
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Swiss Watch Exports -3% in Feb.
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Swiss watch exports fell 2.5 percent year on year to $1.73 billion (CHF 1.61 billion) in February due mainly to softer demand from China and Hong Kong, according to the Federation of the Swiss Watch Industry.Exports...
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Retail
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Apr 15, 2013
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Avi Krawitz
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Zales Bumps Tiffany as Affluents' Jeweler of Choice
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Post-recession growth has not been uniform across income segments, according to Unity Marketing, which determined that it is the top 20 percent of earners, or 24.2 million households, who are driving the recovery. But even more...
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Research
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Apr 11, 2013
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Jeff Miller
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Movado 4Q Sales +1%, Profit -26% to $8M
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Movado Group reported that its sales rose almost 1 percent year on year to $123.6 million for the fourth quarter that ended on January 31. The retailer's cost of sales jumped 7.4 percent to $60.9 million...
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Financial-Legal
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Mar 21, 2013
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Jeff Miller
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Marketing
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Mar 19, 2013
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Jeff Miller
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Casio Introduces New Pro Trek Timepiece
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Casio America introduced its latest Pro Trek timepiece, the PRG260, which the brand designed specifically for adventure seekers and outdoorsmen. The PRG260 is defined as a resilient, high-performance timepiece offering a duplex LCD display,...
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Watches
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Mar 05, 2013
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Jeff Miller
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TAG Heuer Launches Online Boutique
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TAG Heuer opened its first online shopping boutique, which the watch brand designed to mimic its "lifestyle lounge" concept and to encourage consumers to fully immerse themselves in the brand from any location. TAG...
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Watches
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Feb 25, 2013
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Jeff Miller
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Research
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Feb 13, 2013
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Rapaport News
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Swiss Watch Exports Climb 16%
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Despite a stagnant global economy, the Swiss watch industry is going strong. According to the Federation of the Swiss Watch Industry, the first eight months of the year experienced a record 16 percent year-on-year increase in exports of Swiss-made...
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Watches
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Oct 11, 2012
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Ricci Dipshan
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Retail
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Oct 04, 2012
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Dilipp S Nag
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88 Rue du Rhone Unveils 'Lucky Lady' Diamond Watch
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Watch brand 88 Rue du Rhone unveiled its Double 8 Origin Lucky Lady Diamond timepiece. The watch is described as bold and elegant with an air of mystery. The eye is immediately drawn to the display of diamonds that dance...
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Watches
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Sep 20, 2012
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Jeff Miller
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Seiko Introduces The XNY Watch Brand
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The Seiko Corporation of America launched its newest watch brand, XNY™, which it says was influenced by a fusion of what both fashion and cultural independence represent. XNY watches capture youthful energy, artistic diversity and...
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Watches
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Sep 19, 2012
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Jeff Miller
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Miami Antique Jewelry & Watch Show Begins Oct. 5
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U.S. Antique Shows will host more than 100 exhibitors at its 20th annual Miami Beach Antique Jewelry & Watch Show at The Miami Beach Convention Center from October 5 to 7. The breadth of offerings include...
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Retail
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Sep 04, 2012
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Jeff Miller
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Seiko Adds Two 'Go Red' Tressia Watches
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Seiko Corporation of America is supporting the American Heart Association's Go Red For Women® campaign again this year with two exclusively designed "Go Red" Seiko Tressia watches. Between September 1 and March 1, 2013, Seiko...
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Watches
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Aug 28, 2012
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Jeff Miller
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Jewelry, Watch Sales Soar 64% in Macao
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Macao's Statistics and Census Service determined that the country's second-quarter retail sales rose 30 percent year on year to $1.6 billion (MOP 12.74 billion), for the three months that ended on June 30. When...
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Retail
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Aug 21, 2012
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Jeff Miller
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