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That is, increasingly, luxury brands in a single category are increasing their product providing into watches and jewelry, thereby making it tougher to clearly outline the model. Another fascinating ‘story’ is that of APM Monaco, a silver jewelry brand with seven Australian shops. It was based in Monaco in 1982 but is now headquartered in Hong Kong. US-based personal Jewelery News equity firm TPG Capital, which focuses on leveraged buyouts and progress capital, acquired a 30 per cent stake in 2019. The evolution of the watch and jewelry model combine over the previous decade is also attention-grabbing. Of the 19 brands in the 2010 report, solely six were watches; a decade on, that determine has tripled to 18.

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• Fine jewelry house Qeelin reopened its Prince’s Building boutique this summer, whereas Tiffany & Co championed Hong Kong’s excessive streets with the September unveiling of its largest flagship store in Asia at One Peking Road.
• Diamond jewellery patrons of whatever persuasion are inclined to spend money on the company’s add-on service offerings, with Drosos reporting an 80% attachment price for extended service agreements on bridal jewellery.
• A column detailing how independent jewelers did last 12 months and the highest watch brands of 2022 have been among the most-read stories last week.