The weaker-than-expected financial restoration, a record-high RMB gold worth and seasonality drove this decline. The market is seeing rapid progress as more men use jewellery as a type of self-expression. As a part of the broader shift to formal wear this season, Hatton Jewels has seen a rising demand specifically for accessories to fashion suits. “The first Serpent Bohème watch was introduced in 2011 to reply a specific request of the Middle Eastern market,” Hélène Poulit-Duquesne, the company’s chief govt, mentioned in a video call.

The jeweler noticed total gross sales fall by 6.3% 12 months over yr, with same-store …