luxury / Jewellery

While European and American luxury brand sales have fallen in China, Laopu Gold Co.’s sales have doubled in each of the past two years, underscoring a shift towards homegrown brands.

Even as luxury fashion brands face declining demand, jewellery sales are booming. The Debrief explores how smaller designers and novel pieces are capturing consumer interest and finding new paths to growth.

Jewellery brands have raised prices less than fashion labels, and now benefit from a stronger sense of lasting value.

Even as demand for luxury goods stalls, Milanese jeweller Pomellato is gaining ground by appealing to self-purchasing women and expanding into high jewellery — a welcome win for Kering as it works to re-energise its portfolio.

The same sense of meaning, intimacy and radical creativity that’s enabled indie designers to connect with consumers is helping them adapt to turbulent times.

As lab-grown stones become more of a force in the jewellery industry, sellers of both man-made and natural diamonds are looking for ways to differentiate themselves in their marketing.

As leather goods lose their cool amid rising prices and quality concerns, fine jewelry is emerging as luxury’s shining star.

Brands including Chopard and Messika are increasingly open about their reliance on Indian gemstone cutters. In addition to lower costs, the country boasts pedigreed suppliers and craftspeople well-versed in traditional techniques.