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Luxury collectibles are now the second-largest revenue stream at Christie’s and Sotheby’s. The houses are not selling watches for the margin, they are buying a client relationship at twenty-five to consign a painting at fifty.
LVMH has delivered a resilient first half of 2026, with its Watches and Jewellery division once again demonstrating the enduring strength of luxury jewelry despite a more measured pace across the global luxury sector.
The world’s largest luxury group reported first-half revenue of €33.6 billion, an increase of 2 percent compared with the same period last year, while recurring operating profit remained stable at €8.7 billion. A stronger second quarter, with revenue growth accelerating to 3 percent, suggests confidence is returning to the luxury market as demand stabilizes across key regions.
Paris Haute Joaillerie Week once again demonstrated why the French capital remains the global . . .
Richemont has opened its 2027 financial year with an outstanding first quarter, reinforcing the enduring . . .
The world of fine watchmaking and haute joaillerie moves with quiet purpose, guided by those who understand that true luxury endures. In one such moment of graceful transition, Richemont has officially completed the sale of Baume & Mercier to the Damiani Group.
The transaction marks a defining milestone for both houses, uniting nearly two centuries of Swiss watchmaking heritage with one of Italy’s most revered luxury jewelry groups.
The global appetite for exceptional gemstones continues to flourish as Sotheby’s latest High Jewelry auction in New York delivered remarkable results for some of the world’s most coveted treasures.
While rare colored diamonds attracted significant attention, it was a collection of extraordinary Paraíba tourmalines that captivated collectors and highlighted the growing fascination with rare luxury jewelry among the world’s wealthiest buyers.
Savannah Friedkin Jewelry is entering a new phase of growth with the appointment of Morgan P. Richardson as chief executive officer, reinforcing the brand’s ambitions within the evolving world of luxury jewelry.
The New York based house, founded in 2024 by Savannah Friedkin, has quickly positioned itself within a new generation of fine jewelry brands focused on elevated design, modern craftsmanship, and conscious luxury.
Signet Jewelers is reinforcing its long term vision for the luxury jewelry market with the appointment of former Macy’s CEO Jeffrey Gennette to its board of directors.
The move reflects the continued evolution of the global jewelry sector as brands position themselves to serve the rising expectations of the 1%, a clientele increasingly shaping the future of luxury retail through personalization, digital engagement, and experiential shopping.
Kering has announced the launch of Kering Jewelry, a new division designed to elevate its presence in the global luxury jewelry market. This strategic move reflects the growing importance of high jewelry within the broader luxury ecosystem and reinforces the group’s commitment to craftsmanship, creativity, and long-term value creation for the 1%.
Boucheron continues to expand the creative universe of its iconic Quatre collection with the introduction of Quatre . .
