Despite a slowdown in the broader luxury market and ongoing global economic uncertainties, Swiss luxury powerhouse Richemont, owner of Cartier and other prestigious brands, reported better-than-expected earnings for its fiscal fourth quarter. The group’s success highlights how high-end jewelry...
As luxury buyers become more discerning, the world’s wealthiest continue to invest heavily in fine jewelry — from diamond-encrusted rings to rare gemstone necklaces — even while other segments of the luxury market face slowing demand. However, the super-rich...
