The jewelry and watch industry has endured a few rocky years.
Gold prices climbed to almost $1,900 an ounce last August, and although prices have come down, gold closed at its highest rate in more than a month on Nov. 23, at $1,750. (It closed at $1,715 at press time.) Many even speculated that the volatile market would result in prices hitting the $2,000 mark last year.
In September, for the first time since 2010, Swiss watch exports fell 2.7 percent compared with the same period in 2011. Global sales for the month hit 1.7 billion Swiss francs, or $1.84 billion. The Federation of the Swiss Watch Industry said a slowdown in Asia contributed to the decline. Swiss watch exports to China and Hong Kong fell by more than 25 percent and 19 percent, respectively. The fall comes after Swiss watch sales rose 13.6 percent the first three quarters of 2012.
@moncler unveiled its latest project, #MonclerGenius, yesterday at Milan Fashion Week. The Italian outwear maker gave show-goers a preview of the monthly collections – which were created by eight designers and creative talents including Pierpaolo Piccioli, Simone Rocha, Craig Green and more – that will start rolling out in the summer.
In honor of Rihanna’s 30th birthday, we took a look back at an interview with the Barbados-native when she was just 18 years old. Here, she talked about her second album, “A Girl Like Me” in 2006. “I want to be me. I want people to fall in love with who Rihanna is, and that’s why I want the album to be about me so people can really find out who this girl Rihanna is, because they only know the ‘Pon de Replay’ girl.” Fast forward 12 years, and she’s released six more albums and has become a powerhouse in both the fashion and music industries. Happy birthday, @badgalriri 🎈(📷: Pavel Antonov) #wwdarchive