When is the next big gold rush?
When you’re an elite jewellery designer: the ‘gold rush’ was a myth
NEW YORK — Gold’s market cap is at a record high of more than $1.2 trillion and has surged on the strength of the Federal Reserve’s latest interest rate hike.It is now worth about $2.5 trillion.Gold prices have surged more than 12% in 2017 so far, outperforming all other asset classes, according to data compiled […]
‘Grace’ to buy up jewels by Grace for $20 million
By The Australian Financial Review EditorAUSTRALIA’S first jewellery company, jewel weed, is going bust.The company was founded in 2005 by a group of high-end jewellering professionals in Melbourne.“We started off with no money,” said the founder, Ms Elaine Gurney.Jewel weed started out as a hobby of Ms Gurneys father, the Australian artist and designer, and […]
A look at the latest jewelry and jewellery companies in America
Bloomberg Newswire — Grace, a luxury jewelry firm, has purchased jewellies by Grace in its portfolio of retail brands, the company said Thursday in a statement.Grace was founded in 1996 by her late husband, who had become a well-known investor in the jewelry industry, and she became the third largest private equity fund in the […]
The following are the largest companies in the jewelry and retail sector in the U.S.According to a recent report from the National Retail Federation, the largest jewelry and accessories companies in 2013 were:Mandalay Bay Jewelry Inc. (MSBJ) – $1.05 billion in revenue; $1 billion in profits; $100 million in net income from selling jewelry, accessories […]