Update on Luxury Jewelry Brand Stocks; Global gems and jewelry market is projected to cross US$443 billion by 2022
Point Roberts, WA, Delta BC – March 27, 2017 – Investorideas.com, a global news source and investor resource covering actively traded sectors including luxury brand stocks and luxury brand jewelry companies issues a sector update for investors following the stocks.
According to a report released earlier this month entitled ,"Global Gems & Jewelry Market, By Type, By Region, Competition Forecast & Opportunities, 2012-2022" by Research and Markets, the global gems & jewelry market is projected to cross US$443 billion by 2022. The growth is on account of booming tourism industry, establishment of a large number of exclusive showrooms by leading players, and rising online availability of gems & jewelry. Demand for gems & jewelry across the globe is dominated by Asia-Pacific and North America.
They go on to say, “Expanding urbanization, changing lifestyles, growing e-commerce sales, rising presence of organized retail channels, growing number of premium product launches and synchronized distribution networks, etc., is projected to drive global gems & jewelry market during the forecast period. Demand for diamond in gold, gold, platinum, gemstones and pearl jewelry has always been high regardless of prices, globally. Further, major players operating in global gems & jewelry market are changing their product portfolios and increasing their focus on making customized jewelry, as per consumer demands. “
“Advancements in jewelry making process along with availability of a range of certification bodies such as Kimberly Process Certification Scheme, Bureau of Indian Standards (BIS) hallmarking and Confédération International de la Bijouterie, Joaillerie, Orfèvrerie des Diamants, Perles et Pierres (CIBJO) are anticipated to pump growth in global gems & jewelry market in the coming years. “
“Asia-Pacific is also emerging as the fastest growing market for gems & jewelry across the globe, on account of high demand from India, China, Vietnam, Thailand, Japan and Indonesia. High demand for gems & jewelry in the region can also be attributed to rising disposable income, and aggressive marketing and promotional strategies by leading players.”
source - http://www.prnewswire.com/news-releases/global-443-billion-gems--jewelry-market-2012-2017--2022-exclusive-showrooms-by-leading-players-and-rising-online-availability-of-gems--jewelry---research-and-markets-300424683.html
Recent sector news:
"Reign Corporation" will Apply In-House Operational Efficiency to Now Three, Niche D2C Custom Jewelry Brands
BEVERLY HILLS, CA March 20, 2017 / Reign Sapphire Corp., (OTCQB: RGNP a direct-to-consumer, branded and custom jewelry company today announced its name change taking effect after the matter was approved at the Annual Meeting of Shareholders on Friday, March 17 2017.
The reasoning behind board's decision to affect a name change was that the board believed that the name change would more accurately describe the expanded business from our previous sole focus on millennial targeted, sapphire jewelry.
The Company now wholly owns and operates 3 distinct niche brands:
1.Reign Sapphires: a millennial targeted, sapphire jewelry brand
2.Coordinates Collection: customized and inscribed with location coordinates of life's special moments
3.Le Bloc: classic customized jewelry
Reign Ventures is the company's joint venture platform for investment and development of jewelry technology related products.
Reign Corp's strategy is to use one in-house fulfillment, customer service and marketing apparatus for a number of distinct brands.
Tiffany Reports Full Year and Fourth Quarter 2016 Results; Sales and Earnings in Line with Previous Guidance; Management Provides Its Outlook for 2017
NEW YORK---March 17,2017- Tiffany & Co. (NYSE:TIF) reported its financial results for the full year and the three months (“fourth quarter”) ended January 31, 2017, which were consistent with its previously issued guidance for the 2016 fiscal year. Worldwide net sales declined 3% in the year and rose 1% in the fourth quarter, while in both periods higher gross margins countered growth in operating expenses. Net earnings per diluted share declined 1% in the full year and 2% in the fourth quarter. The Company generated more than $700 million of cash flow from operating activities in the full year.
In the full year:
• Worldwide net sales of $4.0 billion were 3% below the prior year, reflecting a 5% decline in comparable store sales. Performance was generally soft across all jewelry categories. On a constant-exchange-rate basis that excludes the effect of translating foreign-currency-denominated sales into U.S. dollars (see “Non-GAAP Measures”), worldwide net sales and comparable store sales declined 3% and 5%, respectively.
Luxury Brand Jewelers Stock Directory
Birks Group Inc. (NYSE:BGI) is a leading operator of luxury jewelry stores in Canada and Southeastern United States . The Company operates 26 stores under the Birks brand in most major metropolitan markets in Canada , 17 stores in Florida and Georgia under the Mayors brand, one store under the Rolex brand name and two retail locations in Calgary and Vancouver under the Brinkhaus brand. Birks was founded in 1879 and developed over the years into Canada's premier retailer and designer of fine jewelry, timepieces and gifts. Mayors was founded in 1910 and has maintained the intimacy of a family-owned boutique while becoming renowned for its fine jewelry, timepieces and service.
Blue Nile, Inc. (Nasdaq: NILE) is a leading online jeweler. The company offers a smarter way to buy engagement rings, wedding rings, and fine jewelry by providing in-depth educational materials and unique online tools that place consumers in control of the jewelry shopping process. Blue Nile has some of the highest quality standards in the industry and offers thousands of independently graded diamonds and fine jewelry at prices significantly below traditional retail.
Christian Dior (Paris:CDI.PA) has six principal product lines: Christian Dior Couture, marketed under the Christian Dior brand; Wines and Spirits, including the Moet & Chandon, Veuve Clicquot, Hennessy and Dom Perignon brands, among others; Fashion and Leather Goods, comprising the Louis Vuitton, Fendi, Marc Jacobs and Kenzo brands, among others; Perfumes and Cosmetics, including the Guerlain, Givenchy and Christian Dior brands, among others; Watches and Jewelry, comprising the TAG Heuer, Chaumet and Zenith brands and others, and Selective Retailing, such as the Sephora, DFS and Le Bon Marche brands, among others. The Company distributes its products through the Company-owned shops and licensed distributors in Europe, the United States, Japan and Asia Pacific.
DGSE Companies, Inc. (NYSE MKT: DGSE) wholesales and retails jewelry, diamonds, fine watches, and precious metal bullion and rare coin products through its Charleston Gold & Diamond Exchange and Dallas Gold & Silver Exchange operations. DGSE also owns Fairchild International, Inc., one of the largest vintage watch wholesalers in the country. In addition to its retail facilities in South Carolina and Texas, the Company operates websites which can be accessed at www.dgse.com and www.cgdeinc.com. Real-time price quotations and real-time order execution in precious metals are provided on another DGSE website at www.USBullionExchange.com. Wholesale customers can access the full vintage watch inventory through the restricted site at www.FairchildWatches.com. The Company is headquartered in Dallas, Texas
Hermes (Paris: RMS.PA) engages in the production, and retail and wholesale distribution of consumer goods worldwide. The company offers silk and textiles, and ready-to-wear garments for men and women; leather goods and saddlery, such as bags for men and women, clutches, briefcases, luggage, small leather goods, diaries and writing objects, saddles, bridles, equestrian products, and clothing; accessories, including jewelry in leather, enamel, metal, horn and wood, men’s jewelry, belts, gloves, and hats; art of living products comprising furniture and lighting, furnishing fabrics and wallpapers, decorative objects, and tableware; jewelry and jewelry accessories; perfumes and fragrances; watches; and tableware. It also engages in the purchase, tanning, dyeing, and finishing of skins; and weaving, engraving, printing, dyeing, and finishing of textiles. The company sells its products through a network of 311 retail stores. In addition, it sells watches, perfumes, and tableware through networks of specialized stores and in airport duty-free stores.
Kate Spade (NYSE:KATE) designs and markets accessories and apparel principally under two global, multichannel lifestyle brands: kate spade new york and Jack Spade. With collections spanning demographics, genders and geographies, the brands are intended to accent customers' interesting lives and inspire adventure at each turn. The Company also owns the Adelington Design Group, a private brand jewelry design and development group that markets brands through department stores and serves jcpenney via exclusive supplier agreements for the Liz Claiborne and Monet jewelry lines. The Company also has a license for the Liz Claiborne New York brand, available at QVC, and Lizwear, which is distributed through the club store channel.
Kingold Jewelry Inc (NasdaqCM:KGJI) centrally located in Wuhan City, one of China's largest cities, was founded in 2002 and today is one of China's leading designers and manufacturers of 24-karat gold jewelry, ornaments, and investment-oriented products. The Company sells both directly to retailers as well as through major distributors across China. Kingold has received numerous industry awards and has been a member of the Shanghai Gold Exchange since 2003.
LVMH Moet Hennessy Louis Vuitton (Paris:MC.PA; OTC:LVMUY) operates as a luxury products company worldwide. The company operates through six segments: Wines and Spirits, Fashion and Leather Goods, Perfumes and Cosmetics, Watches and Jewelry, Selective Retailing, and Other Activities and Holding Companies. Its wines and spirits comprise champagne, sparkling and still wines, cognac, scotch whisky, white spirits, and other wines under the Moët & Chandon, Dom Pérignon, Veuve Clicquot Ponsardin, Krug, Mercier, Ruinart, Château dYquem, Château Cheval Blanc, Hennessy, Glenmorangie, Ardbeg, Belvedere, Chandon, Cloudy Bay, Cape Mentelle, Newton Vineyard, Terrazas de los Andes, Cheval des Andes, Numanthia, and Wenjun brands. The company also offers trunks, leather goods, men’s and women’s ready-to-wear, shoes, watches, jewelry, sunglasses, books, silk accessories and fragrances, haute couture, and gifts; shirts, ties, and accessories for men; and children’s wear and accessories under the Louis Vuitton, Céline, Berluti, Kenzo, Givenchy, Marc Jacobs, Fendi, Emilio Pucci, Thomas Pink, Donna Karan, Loro Piana, and Nicholas Kirkwood brands, as well as operates an editorial Website. In addition, it provides fragrance, make-up, skincare, candle, cologne, home collection, and beauty care products under the Parfums Christian Dior, Guerlain, Parfums Givenchy, Kenzo Parfums, Benefit, Fresh, Make Up For Ever, Acqua di Parma, Parfums Loewe, Fendi Parfums, and Nude brands. Further, the company offers watches and chronographs, and jewelry under the TAG Heuer, Zenith, Hublot, Chaumet, Bulgari, De Beers, and Fred brands. Additionally, it operates travel and beauty products retail stores; retail stores for luxury products on cruise ship; and department stores under the brands of DFS, Starboard Cruise Services, Sephora, and Le Bon Marché Rive Gauche. The company also operates yachts and attraction parks, as well as provides media services.
Michael Hill International Limited (ASX:MHJ.AX) owns and operates retail jewelry stores, and provides related services. The company operates its stores under the Michael Hill and Emma & Roe brands. Its stores offer bracelets and bangles, earrings, pendants and necklaces, rings, watches, and collections. As of June 30, 2016, it operated 297 Michael Hill stores and 16 Emma & Roe stores in Australia, New Zealand, Canada, and the United States. The company also offers professional care plans and in-house customer finance. The company was founded in 1979 and is headquartered in Murarrie, Australia. Michael Hill International Limited operates as a subsidiary of Durante Holdings Pty Limited.
Michael Kors Holdings Limited (NYSE:KORS) is a world-renowned, award-winning designer of luxury accessories and ready-to-wear. His namesake company, established in 1981, currently produces a range of products through his Michael Kors and MICHAEL Michael Kors labels, including accessories, footwear, watches, jewelry, men’s and women’s ready-to-wear and a full line of fragrance products. Michael Kors stores are operated, either directly or through licensing partners, in some of the most prestigious cities in the world, including New York, Beverly Hills, Chicago, London, Milan, Paris, Munich, Istanbul, Dubai, Seoul, Tokyo and Hong Kong.
Movado Group, Inc. (NYSE:MOV) Movado Group, Inc. designs, sources, and distributes MOVADO®, EBEL®, CONCORD®, ESQ® Movado, COACH®, TOMMY HILFIGER®, HUGO BOSS®, JUICY COUTURE®, LACOSTE® and SCUDERIA FERRARI® watches worldwide, and operates Movado company stores in the United States.
Reign Corporation (OTCQB: RGNP) is a Beverly Hills-based, D2C branded and custom jewelry company with 3 niche brands: Reign Sapphire: ethically produced, millennial targeted sapphire jewelry millennials, Coordinates Collection: custom jewelry, inscribed with location coordinates commemorating life's special moments, and Le Bloc: classic customized jewelry.
Signet Jewelers Limited (NYSE: SIG) is the world's largest retailer of diamond jewelry. Signet operates approximately 3,600 stores primarily under the name brands of Kay Jewelers, Zales, Jared The Galleria Of Jewelry, H.Samuel, Ernest Jones, Peoples and Piercing Pagoda.
Tiffany & Co. (NYSE:TIF) is the internationally-renowned jeweler founded in New York in 1837. Through its subsidiaries, Tiffany & Co. manufactures products and operates TIFFANY & CO. retail stores worldwide, and also engages in direct selling through Internet, catalog and business gift operations.
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