Three separate shipments of counterfeit jewelry with a combined value of more than $10m (if genuine) were seized entering the US in a 24-hour period. A total of 2,387 items fraudulently branded with Van Cleef and Arpels, Louis Vuitton, Hermes, Gucci, Dior, Prada, Bvlgari and Cartier trademarks, among others, were intercepted by U.S. Customs and […]

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Kering, the French luxury group, reported an 11 per cent drop in revenue to $4.8bn during Q1, but reported double-digit growth at Boucheron and “outstanding performances” at its other high jewelry maisons. It said market conditions generally had been tough, with an adverse macro-economic backdrop, and in Asia-Pacific in particular they were “volatile and challenging”. […]

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Gucci is the latest brand to announce it will not be exhibiting at this year’s Baselworld. Last year the brand took up to exhibition spaces in Hall 1.0, one to showcase its jewellery and another its watches, but for 2020 it won’t be present at all. Gucci joins a growing list of big brand leaving […]

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Gucci, the Italian luxury brand known for its fashion and leather goods, has forayed into the area of high-end jewellery with the launch of its first dedicated boutique in Paris’s Place Vendôme. The highlight of the boutique is the special collection of jewellery entitled Hortus Deliciarum (Garden of Delights), created by Gucci’s Creative Director Alessandro […]

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Gucci entered the high jewellery market this week with the launch of a debut collection and dedicated store in Paris. The lucrative brand has had great success with fine and fashion jewels, and now it is looking to compete in the high-end arena with pieces up to the £800k price mark. The debut line comprises […]

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