Weekly Top 5 News In The Jewelry Industry – Nov.11.2019

1. After two tough years, Pandora Jewelry is refocusing its in-store experience to move beyond back-to-back years of declining sales in the U.S.Pandora is opening its first experience-focused concept store in the U.S. on Thursday, at Garden State Plaza in Paramus, New Jersey.

2. Tiffany & Co has asked Bulgari owner LVMH to raise its $14.5 billion acquisition offer, arguing that it significantly undervalues the U.S. jewelry chain, people familiar with the matter said on Wednesday.

3. The Hardin Center for Cultural Arts will host a special reception Tuesday evening to celebrate an exhibit currently on display. Gold, platinum, a variety of pearls, diamonds, topaz, opals, aquamarine, rubies, tourmaline, amethyst and sapphires are included in the jewelry on display with many of them containing unique interlocking combinations that transcend the jewelry into decorative arts.

4. Shares in luxury goods group Richemont fell over 5 percent on Friday after it said political protests in Hong Kong weighed on first half sales and reported higher than expected losses at recently-acquired online distributors.

5. The Atlanta Jewelry Show is seeking applicants to compete in the CAD/CAM Challenge to be held March 7, 2020, at Cobb Galleria Centre in conjunction with the Spring edition of AJS, March 7-9, 2020. This competition highlights the expertise and craftsmanship required to turn basic ideas into brilliant finished pieces

Extracted from:

1. https://www.glossy.co/fashion/jewelry-brand-pandora-is-overhauling-u-s-stores-to-focus-on-experiences

2. https://www.businessinsider.com/tiffany-asks-lvmh-to-raise-its-145-billion-offer-sources-2019-11

3. https://www.gadsdentimes.com/news/20191109/hardin-center-to-host-reception-for-space-jewelry-exhibit

4. https://www.businessoffashion.com/articles/news-analysis/richemont-results-hong-kong-protests-jewellery


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