Aug 24 (Reuters) – U.S. Tiffany signed on pop star Lady Gaga to launch the Tiffany Hardware collection, which features items like the $13,500 Wrap necklace in 18k gold, while Signet sells items like the $10,999 Le Vian diamond earrings in 14k pink gold at its stores. Both the retailers beat analysts’ average estimates by the widest margins since October last year. Signet’s new Chief Executive Virginia Drosos started her role earlier this month, while Tiffany’s new CEO Alessandro Bogliolo will join in October this year. Tiffany and Signet have shaken up their management and hired outsiders to fill important roles such as CEOs and chief designers, to give their brands a new look. Tiffany & Co and Signet Jewelers Ltd reported bigger-than-expected quarterly sales and profit, helped by strong demand for their high-margin bracelets, rings, necklaces and branded jewelry. Tiffany’s earnings came in at 92 cents per share, while Signet reported a profit of $1.33 per share. Shares of Signet rose 23 percent to $63.74 in morning trading, while Tiffany was marginally up at $88.77. Tiffany attributed its sales growth to strong demand for its high-end jewelry, such as the Tiffany T collection, while Signet said higher-priced branded jewelry sold better than lower-priced brands. New York-based Tiffany said it also benefited from higher sales of wholesale diamonds and increased spending in Japan. While shoppers have been shunning traditional jewelry such as solitaire engagement rings, there has been a marked shift towards brands that offer a more contemporary look such as the Tiffany Hardware collection and products from Pandora A/S , which are sold at Signet’s Jared stores. Danish jeweler Pandora’s shares were up 2 percent in Copenhagen. Analysts on average had expected Tiffany to post sales of $930.3 million and Signet $1.33 billion, according to Thomson Reuters I/B/E/S. Tiffany, which gets about 15 percent of its revenue from Japan, said overall sales rose 3 percent to $959.7 million in the reported quarter, while Signet’s rose 1.9 percent to $1.40 billion.
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If you’re as magpie-like about jewellery as I am, you’ll always be on the lookout for new brands and original pieces to add to your collection. Otiumberg positions itself as a demi-fine jewellery brand. The brand’s founders, sisters Christie and Rosanna Wollenberg, believe you shouldn’t just save beautiful jewellery for best, so the sculptural rings and earrings are as practical as they are elegant. If you love keeping things unique and prefer to shop independent, these jewellery brands are worth checking out and keeping in mind for your next purchase. There are so many amazing affordable and mid-range jewellery brands out there today, with a plethora of choice no matter what your style. But along with the prominent brands we all know and love, there are a load of under-the-radar gems (no pun intended) out there just waiting to be discovered. Her signature T-bar necklaces have been worn by the likes of Taylor Swift. Tilly Sveaas founded her eponymous brand in 2016. Born in Hong Kong to British-Norwegian parents, London-based Tilly has been a jewellery designer for over 25 years, creating her first pieces during an extended trip to Bali, where she still produces to this day. Their goal is to make pieces that ‘will be your go-to for years to come’. This British brand was launched in the autumn of 2024 by Tofi Caroline Adedoyin, a former investment banking director. All Grove & Vae jewellery is designed in London, and created using 14k gold vermeil and rhodium-plated sterling silver.
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The brand focuses on creating timeless, versatile pieces tailored to the modern woman’s everyday wardrobe. Think timeless glamour meets modern minimalism, without the unattainable price tag. Catherine ‘Catch’ Rhys Jones started her label out of a frustration with the jewellery she was buying. The pieces are gorgeous too – from delicate pendants to eye-catching hoops, available in either 18ct gold vermeil or sterling silver. I was tired of sacrificing style for quality, or my bank account for both’ says Neima Row founder Naomi Genes. With Love Darling believes in changing the world one piece of jewellery at a time. After working in the jewellery industry for 10 years, Amelia Bainbridge saw a gap in the market for jewellery that was both beautiful and affordable – and Auree was born in 2014. All Auree pieces are made with the highest quality solid gold, sterling silver or gold vermeil and natural gemstones. Founded by Amelia Hitchcock-Merritt in the middle of lockdown at just eighteen, Bijoux De Mimi became one of the fastest growing jewellery brands in the UK. The brand uses solid metals – not plated or vermeil, and promises no green fingers or brass rash. It always came with lengthy care instructions and still tarnished after only a few wears or turned my skin green’ she says. So she decided to make her own. Made by small workshops all over the world, each piece holds a story. Items are produced in developing countries, giving the artisans income to lift themselves and their families out of poverty. Prior to starting Bijoux De Mimi, Amelia attended Central Saint Martins. Crystals & Co. founders (and best friends) Emily Mackeogh and Leah O’Reilly aim to accessorise peoples lives with fun, high quality affordable jewellery. It specialises in bright, colourful jewellery.
It was established in 2009, with the ethos that jewellery should say a lot about who you are, whether big and bold or delicate and gold. The ranges include a collaboration with Vogue Williams. The eclectic collection draws inspiration from founder Abby Kaye’s past experiences and travels through India, as well as her childhood in London and love of nature. Pieces are made in sterling silver with 18ct gold vermeil. Dreamt up on a bicycle ride through Rajasthan, India, the British jewellery brand Memara was launched in 2019, with the aim to create beautiful, timeless yet affordable demi-fine pieces. The brand is named after Olivia’s mother Deborah Louise who Olivia sadly lost to cancer in 2017. With the loss of her mother, Olivia felt life was too short to not be truly passionate about the everyday and D.Louise was born. Scream Pretty’s signature style is the curated ear – combining piercings and ear cuffs, to create bold stand out styling. After growing up in Singapore, founder Lynette Ong left her job in finance to pursue a dream of using her creativity for the better. Olivia’s pursuit began when she identified a gap in the jewellery market – the need for everyday pieces that wouldn’t fade after a few wears – with this every piece comes with a lifetime guarantee against colour fading. Abby is a big believer in the talismanic and restorative power of jewellery, and strives to create designs that are both ethical and fashioned with love. Award winning British Jewellery Brand Scream Pretty was founded by Lucy Lee with her sister Jessica Pearce in 2016. This family run business designs jewellery for self expression; affordable, stylish and fun – jewellery to shout about. Founded by Olivia Jenkins in 2021, D. Louise creates timeless long-lasting yet affordable jewellery.