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HAVAS' LATEST PROSUMER REPORT DEMONSTRATES GROWTH IN THE $1.6 TRILLION LUXURY MARKET--BUT ONLY FOR SOME

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Wednesday, March 27, 2024

Culture, Growth, Museum, Beauty, Travel, ALL, LVMH, Restaurant, Creativity, Boucheron, Lacoste, Gen, Prosumer

PARIS, March 27, 2024 /PRNewswire/ - Today, BETC Havas unveiled the latest edition of its Prosumer Report, "The Luxury Issue," discussing the economic changes that have affected the luxury goods market and the steps marketers can take to continue its growth.

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PARIS, March 27, 2024 /PRNewswire/ - Today, BETC Havas unveiled the latest edition of its Prosumer Report, "The Luxury Issue," discussing the economic changes that have affected the luxury goods market and the steps marketers can take to continue its growth.
The global luxury market will continue to grow, propelled in part by indulgence-minded millennials and Gen Zs.
The Global luxury brands, however, will need to adapt to keep up with these seismic shifts.
100% of Gen Z Prosumers asserted that luxury items are essential, a stark contrast to the mere 50% acknowledgement from their boomer counterparts.

Doha Jewellery and Watches Exhibition launches and announces special projects and exclusives

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Monday, February 5, 2024

Partnership, Convention center, Titanium, News, Hublot, TAG Heuer, TAG, Collection, CHANEL, DECC, Bulgari, Platinum, RLX, Education, Boucheron, Rolex, Jewellery

DOHA, Qatar, Feb. 5, 2024 /PRNewswire/ -- The epitome of luxury and design, the Doha Jewellery and Watches Exhibition (DJWE), launched the 20ᵗʰ edition on February 5 open until February 11. As the region's largest business to business and business to customer show of its kind, DJWE returns to the world-class Doha Exhibition and Convention Centre (DECC).

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DOHA, Qatar, Feb. 5, 2024 /PRNewswire/ -- The epitome of luxury and design, the Doha Jewellery and Watches Exhibition (DJWE), launched the 20ᵗʰ edition on February 5 open until February 11.
As the region's largest business to business and business to customer show of its kind, DJWE returns to the world-class Doha Exhibition and Convention Centre (DECC).
Visit Qatar unveils its new 'Jewellery Connoisseurs' campaign for the event, featuring supermodel Irina Shayk, along with the iconic French football legend Thierry Henry.
De Bethune will present a special edition of 12 watches, celebrating their 12th year at the event.

Doha Jewellery and Watches Exhibition announces brand exclusives and launches

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Tuesday, January 23, 2024

Universe, Cartier, DECC, Rolex, Boucheron, Panerai, Collection, Wonders of the World, Partnership, Tiffany & Co., Bulgari, CHANEL, Convention center, Mona Lisa, News, Jewellery

DOHA, Qatar, Jan. 23, 2024 /PRNewswire/ -- The epitome of luxury and design, the Doha Jewellery and Watches Exhibition (DJWE), is poised to mark its 20ᵗʰ edition from February 5 – 11. As the region's largest business to business and business to customer show of its kind, DJWE returns to the world-class Doha Exhibition and Convention Centre (DECC).

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Retail and brand partners celebrates the event with special, limited and rare designs
DOHA, Qatar, Jan. 23, 2024 /PRNewswire/ -- The epitome of luxury and design, the Doha Jewellery and Watches Exhibition (DJWE), is poised to mark its 20ᵗʰ edition from February 5 – 11.
As the region's largest business to business and business to customer show of its kind, DJWE returns to the world-class Doha Exhibition and Convention Centre (DECC).
Alfardan Jewellery will present exclusive products including a new bridal collection from Butani and jewellery from Robert Wan.
Almuftah Jewellery celebrate 40 years of business presenting prestigious jewellery brands including Arzano, Sandy Tabet, Rizani and Rayanas.

Cufflinks Market to grow by USD 1.51 billion from 2022 to 2027 | The market is fragmented due to the presence of prominent companies like Boucheron Holding SAS, and Cartier SA and Burberry Group Plc, and many more - Technavio

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Sunday, November 26, 2023

Montblanc, Dolce, Metal, Platinum, Gold, Burberry, SAS, USD, Boucheron, Chanel, Dior, Cartier (jeweler), Growth, Geography, Tiffany & Co., Jewellery, Music

The cufflinks market is fragmented owing to the presence of many global and regional companies.

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The cufflinks market is fragmented owing to the presence of many global and regional companies.
Download Free Sample Report before buying
Boucheron Holding SAS - The company offers cufflinks such as Boucheron Paris crystal gold bar cufflinks, coral gold bar cufflinks, carved lapis gold cufflinks, and more.
Burberry Group Plc - The company offers cufflinks such as check ruthenium-plated cufflinks, check palladium plated square cufflinks, and logo engraved palladium-plated cufflinks.
Cartier SA - The company offers cufflinks such as water-resistant décor, double c de Cartier, Santos de Cartier, and more.

Neiman Marcus Bejeweled Ball Celebrates an Evening of Magic for Customers in Pursuit of the Extraordinary

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Monday, November 6, 2023

Dance, Neiman, Photography, Boucheron, Bejeweled, Incircle and excircles of a triangle, Chopard, Dallas Symphony Orchestra, Magic, Neiman Marcus, Jewellery, The Utterly Utterly Merry Comic Relief Christmas Book, Retail

DALLAS , Nov. 6, 2023 /PRNewswire/ -- Last week, Neiman Marcus hosted its inaugural Bejeweled Ball in Dallas, bringing the renowned Bejeweled book to life to create the magic for its discerning customers. Attendees enjoyed an exclusive activation featuring high jewelry creations from preeminent brands Assael, Bayco, Boucheron, Chopard, Margot McKinney and Paul Fisher Vintage & Rare.

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DALLAS , Nov. 6, 2023 /PRNewswire/ -- Last week, Neiman Marcus hosted its inaugural Bejeweled Ball in Dallas, bringing the renowned Bejeweled book to life to create the magic for its discerning customers.
For more than a decade, the Neiman Marcus Bejeweled book has featured unparalleled pieces from leading jewelers.
"The Neiman Marcus Bejeweled program offers a truly unique assortment of rarely seen pieces that ignite the extraordinary for our customers."
Neiman Marcus invites customers to shop items from the Bejeweled program across its integrated retail model.

Abell Auction Co. Proudly Presents “The Traditional Collection” Featuring Important and Historical California Estates on October 25-26

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Thursday, October 19, 2023

Abell Auction Co. proudly presents The Traditional Collection on October 25 and 26, promising to delight an international following of collectors, designers and art aficionados.

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Abell Auction Co. proudly presents The Traditional Collection on October 25 and 26, promising to delight an international following of collectors, designers and art aficionados.
Live bidding for the online sale, offering over 600 lots, begins at 9 a.m. PDT each day.
View the full release here: https://www.businesswire.com/news/home/20231019413658/en/
Abell Auction Co.'s Oct. 25-26 online sale will offer rare and exceptional items across traditional collecting categories, including European antiques, fine art and exquisite jewelry.
An auction preview will be held on weekdays, from 8 a.m. to 3 p.m., at the Abell gallery located at 2613 Yates Ave. in Los Angeles.

Inter Parfums, Inc. Reports Record 2023 Second Quarter Net Sales

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Monday, July 24, 2023

“We are very pleased to have achieved another record second quarter sales,” said Jean Madar, Chairman & Chief Executive Officer of Inter Parfums.

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“We are very pleased to have achieved another record second quarter sales,” said Jean Madar, Chairman & Chief Executive Officer of Inter Parfums.
Second quarter GUESS brand sales more than made up for the first quarter logjam we experienced due to the ERP implementation.
Of note, the significant growth in the quarter builds upon the 39% sales increase we reported for the second quarter of 2022.
“We will revise our guidance for net income per diluted share when we release our full second quarter results on August 8, 2023.

Inter Parfums, Inc. Reports Record 2023 First Quarter Results

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Monday, May 8, 2023

At comparable foreign currency exchange rates, consolidated first quarter net sales increased 27% from the first quarter of 2022.

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At comparable foreign currency exchange rates, consolidated first quarter net sales increased 27% from the first quarter of 2022.
Add to that, 2022 first quarter GUESS brand sales rose 36%, making for a difficult comparison.
In the first quarter of 2023, the Company initiated a small share repurchase program to purchase 166,060 shares.
Over the course of the first quarter of 2023, the Company repurchased 43,060 shares at a cost of $5.58 million.

Inter Parfums, Inc. Reports 2023 First Quarter Net Sales

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Wednesday, April 19, 2023

Cosmetics, Retail, MCM, Boucheron, Oscar de la Renta, COVID-19, Montblanc, Growth, Abercrombie, Salvatore Ferragamo S.p.A., GUESS, ERP, Lacoste, Abercrombie & Fitch, DKNY, History, Kate Spade, Fashion design

Jean Madar, Chairman & Chief Executive Officer of Inter Parfums stated, “Net sales for the quarter ended March 31, 2023 were not only a first quarter record but were also the highest for any quarter in our history.

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Jean Madar, Chairman & Chief Executive Officer of Inter Parfums stated, “Net sales for the quarter ended March 31, 2023 were not only a first quarter record but were also the highest for any quarter in our history.
Our European operations grew sales by 26% in dollars or 29% in constant currency with our three largest brands generating exceptional growth.
Additionally, sales by several of our mid-sized brands started the year on a strong note, most notably Karl Lagerfeld, Boucheron and Rochas, all of which achieved double-digit sales growth.
With first quarter sales further exceeding our expectations, we are raising our 2023 guidance calling for net sales of $1.25 billion up from $1.2 billion resulting in earnings per diluted share of $4.25 up from $4.00.

Inter Parfums, Inc. Reports Record 2022 Fourth Quarter and Full Year Net Sales

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Monday, January 23, 2023

In the final quarter of the year, our four largest brands, Montblanc, Jimmy Choo, Coach and GUESS?

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In the final quarter of the year, our four largest brands, Montblanc, Jimmy Choo, Coach and GUESS?
generated sales gains of 50%, 78%, 82% and 28%, respectively, compared to the same period one year earlier.
Many of our other fragrance brands also achieved stellar comparable quarter growth.
For 2022 as a whole, our European operations grew sales by 26% in euro or 12% in dollars.