Browsing: Luxury Market

LVMH Jewellery Growth Offsets Decline in Fashion Sales

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LVMH’s Watches and Jewellery division recorded 6% organic revenue growth in the third quarter of 2026, supported by jewellery strength at Tiffany & Co. and Bulgari. The performance contrasted with a decline in Fashion and Leather Goods as softer demand in China weighed on the wider luxury market.

GJEPC Opens New Market Opportunities for India’s Gem & Jewellery Exports in Saudi Arabia as Market Set to Nearly Double to USD 8.34 Billion by 2030

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The Saudi Arabia Jewellery Exposition (SAJEX 2025), the first-ever dedicated B2B gems and jewellery exhibition in the Kingdom, was inaugurated today at the iconic Jeddah Superdome. Organized by the Gem & Jewellery Export Promotion Council (GJEPC) with the support of the Ministry of Commerce & Industry, Government of India, the Embassy of India in Riyadh, and the Consulate General of India in Jeddah, the Ministry of Investment, Saudi Arabia, the exposition marks a new chapter in bilateral trade and cultural exchange between India and Saudi Arabia. The show is being held from 11th to 13th September 2025.