International News
LVMH’s Watches & Jewelry Division Holds Steady at €2.48B in Q1 2025
Despite a turbulent global backdrop, LVMH’s Watches & Jewelry arm posts stable revenue, driven by Tiffany & Co.’s global expansion and creative campaigns from Bvlgari and Chaumet.
LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury conglomerate, reported stable performance in its Watches & Jewelry division for the first quarter of 2025, with revenue reaching €2.482 billion. This marks a slight increase of 1% from €2.466 billion in Q1 2024. On an organic basis, which excludes currency fluctuations, the division’s revenue remained flat — a reflection of resilience in the face of ongoing economic and geopolitical headwinds.
Representing 11% of the group’s total Q1 revenue, the division was buoyed by the continued momentum of Tiffany & Co., which expanded its iconic collections and accelerated the global rollout of its new store concept inspired by The Landmark, its flagship location in New York City.
Bvlgari tapped into cultural storytelling with its celebration of the Year of the Snake, bringing new energy to its legendary Serpenti line through immersive art exhibitions in Shanghai and Seoul. Meanwhile, Chaumet spotlighted its rich heritage by reimagining the Bee de Chaumet collection, unveiling refreshed designs that emphasize the brand’s artisanal excellence and historical depth.
Despite market uncertainties, LVMH’s Watches & Jewelry division maintained its footing through a blend of innovation, craftsmanship, and strategic brand storytelling.
International News
Gold prices climbed above $4,250 ahead US ISM Manufacturing PMI release
US spot Gold prices climbed above $4,250 early Monday, touching a six-week high as investors turned cautious ahead of the upcoming US ISM Manufacturing PMI release. The yellow metal is poised for further upside momentum if it secures a sustained daily close above the crucial $4,250 resistance level.
The US Dollar opened December on a softer note, pressured by rising expectations that the Federal Reserve may announce a rate cut next week. Growing market confidence in easing monetary conditions has boosted the appeal of non-yielding assets such as gold.
Analysts note that a decisive break and close above $4,250 could reinforce bullish sentiment and pave the way for an extended rally in the days ahead. As global markets await fresh cues from the US economic calendar, gold continues to benefit from a favorable macroeconomic backdrop and robust safe-haven demand.
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