RE:RE:RE:This puppy gonna run
Why you shouldn't salt a leech that's sucking your blood!!!
Luk Fook’s same-store sales rose 30% in the fourth fiscal quarter amid the recovery of the Chinese economy following Covid-19 closures.
Luk Fook opened a net 45 stores on the mainland during the quarter, bringing its regional total to 2,366 stores as of March 31. The jeweler believes sales will continue to rise thanks to the introduction of vaccines and improved consumer sentiment, primarily on the mainland, it said.
Revenue at Lucapa Diamond Company soared in the first three months of the year as the miner benefited from a rebound in the rough market.Revenue at Lucapa Diamond Company soared in the first three months of the year as the miner benefited from a rebound in the rough market.
Sales from the company’s Lulo mine in Angola increased 22% year on year to $9.5 million for the quarter ending March 31, Lucapa said Monday. An 89% surge in sales volume to 5,313 carats outweighed a 35% drop in the average price to $1,796 per carat.
Meanwhile, revenue from Lucapa’s Mothae mine in Lesotho leaped to $11.5 million from $2.1 million a year earlier. Sales volume climbed 63% to 10,295 carats, and the average price jumped 330% to $1,117 per carat.
Kering’s jewelry and watch divisions grew strongly in the first quarter amid a market recovery in the North America and Asia-Pacific regions.
Revenue from the company’s “other houses” segment, which includes jewelry and watches, rose 29% year on year to EUR 714.3 million ($857.8 million) for the three months ending March 31, the company said Tuesday.