Richemont has reported a 3% increase in group sales to €20.6bn (£17.6bn) in FY 2024, driven by jewellery Maisons and retail, representing 69% of group sales. However, the group’s operating profit dropped by 5% to €4.8bn (£4.11bn). Profit for the year from continuing operations, which incorporated net one-time unallocated charges of €58m (£49.6m), was solid …
Loveness Lee has announced the launch of its six-piece engagement ring collection, marking its debut in the engagement category. The Loveness Lee Engagement Ring Collection is available with baguette, pear, oval and brilliant cut diamonds paired with sapphires and emeralds. The stones are set in solid 18ct recycled yellow or white gold and prices range …
