Gems And Jewellery Trade: Newest Information & Movies, Photos About Gems And Jewelry Industry Web Page 1
Due to the spread of COVID-19, Tiffany & Co. temporarily shutters all 124 of its US and Canadian stores. The determination represents a big blow to the company’s revenue for the primary quarter of 2020 as the US accounts for about 43 per cent of complete gross sales. US monetary publication Bloomberg stories that LVMH has submitted a revised offer of $US15.7 billion, though representatives for LVMH and Tiffany & Co. decline to comment. “Putting money into jewelry is a better value during inflationary occasions.
This has prompted buying on Dhanteras, essentially the most auspicious day within the Hindu calendar…Continue Reading