LVMH Watch and Jewelry Revenue Down 5%

LVMH saw revenue from its watch and jewelry division slip by 5 per cent during the first nine months of 2024 to $8.2bn.

Across all its 75 maisons the French luxury conglomerate reported a 2 per cent dip for the same period, to $66.1bn.

LVMH said it had shown “good resilience” and that it remained confident in an uncertain economic and geopolitical environment

It said it would “maintain a strategy focused on continuously enhancing the desirability of its brands, drawing on the authenticity and quality of its products, excellence in distribution and agile organization.”

LVMH’s eight watch and jewlery brands – Bvlgari, Chaumet, Fred, Hublot, Repossi, Tag Heuer, Tiffany & Co and Zenith – generated a total of $11.8bn in 2023. The company does not provide a brand-by-brand earnings breakdown.

It said the third quarter decline in revenue across all LVMH brands was largely due to a stronger yen and lower growth in Japan.

Source: DCLA

Watch and Jewellery Valuations

If Require a watch or jewellery valuation for insurance.

AcuVal is the jewellery valuation App for you.

Simply download the Free App off the App store, and you are almost there.

A HD picture with your phone, and model and serial number is all the valuer will need to complete your valuation, all while your watch remains on your wrist.

No longer the need to leave you watch or jewellery with anyone.

AcuVal App for insurance valuations

The superior technology making your experience hassle free.

Free Download here: https://acuval.com.au

AcuVal jewellery valuations

               Watch and Jewellery Valuations

Valuations and Certificates
AcuVal is a platform that provides an easy way of building up a valuation for a jewellery item and providing a printable certificate. Create and manage valuations and valuation certificates.

Connecting Jewellers and Customers
The platform provides direct and live connectivity between Jewellers and customers. Chat and send messages in real-time. Record communication in one place.

Digital Valuation Certificate Vault
A safe and secure repository for your valuation certificates. Keep your records of your precious items up top date Always ready to send to your insurer or jeweller. Maintain a list of jewellery items and track the value. Your digital valuation certificate Vault becomes your store of value of your watch and jewellery items.

Validation, Advice and Market Prices
In addition to creating the valuation certificate, the platform provides direct links to exchange rates, gemstone pricing markets, laboratories and industry experts. AcuVal provides all of the information you need for an accurate valuation.

Valuation methodology with added intelligence
Build a valuation fast and accurately, using our database of information and guides.

Use our predictive text algorithm to help build your valuation certificate.

Get advice from a global network of laboratories, gemologists and valuation experts.

Benefit from a library of valuations and historical data.

See More: AcuVal

AcuVal jewellery valuations

               Watch and Jewellery Valuations

Valuations and Certificates
AcuVal is a platform that provides an easy way of building up a valuation for a jewellery item and providing a printable certificate. Create and manage valuations and valuation certificates.

Connecting Jewellers and Customers
The platform provides direct and live connectivity between Jewellers and customers. Chat and send messages in real-time. Record communication in one place.

Digital Valuation Certificate Vault
A safe and secure repository for your valuation certificates. Keep your records of your precious items up top date Always ready to send to your insurer or jeweller. Maintain a list of jewellery items and track the value. Your digital valuation certificate Vault becomes your store of value of your watch and jewellery items.

Validation, Advice and Market Prices
In addition to creating the valuation certificate, the platform provides direct links to exchange rates, gemstone pricing markets, laboratories and industry experts. AcuVal provides all of the information you need for an accurate valuation.

Valuation methodology with added intelligence
Build a valuation fast and accurately, using our database of information and guides.

Use our predictive text algorithm to help build your valuation certificate.

Get advice from a global network of laboratories, gemologists and valuation experts.

Benefit from a library of valuations and historical data.

See More: AcuVal