News
Silver Linings In Latest Australian Jewelry Market Evaluation
Since then it has had a internet lack of only 10 stores, or 2 per cent, declining from 469 to 459. Some fantastic jewellery chains – similar to Prouds and Michael Hill – managed to increase overall store numbers, while others marginally decreased. For these of us who personal jewellery businesses, it may be extra correct to name them probably the most hectic time of the yr. They’re additionally the time of year when we’re particularly more doubtless to encounter purchasers going via difficult times. As a jeweler who regularly does heirloom redesigns, I’ve witnessed firsthand how the “happiest season…
News
Commerce Update: Australian Jewellery Sales Information During Covid Reveals Shocking Trends
During a rare assembly carried out digitally on 30 December 2020, more than 99 per cent of Tiffany & Co. shareholders approve LVMH’s new supply of $US131.50 and the terms of the revised merger agreement. Quoting sources near the negotiation, US enterprise publication CNBC stories that the 2 parties are in “fluid” talks to revise the terms of the merger, lowering the overall value of the deal from $US135 per share to $130–133 per share. In a press release launched on its web site, LVMH management expresses “shock” at Tiffany & Co.’s legal filing in the US, calling it “completely…