Jewellery making is a form of traditional art that has evolved over the year to become what it is today. Made out of rare and precious materials originally found in the Earth’s crust, jewellery is something that is associated with emotions, power and familial identity. According to market trends, the value of precious jewellery always tends to increase with time rather than decrease. This makes investment in the jewellery industry a lucrative one. There are several jewellery companies that offer shares in their company.
Top 5 jewellery companies
Here are the top 5 jewellery companies with the highest market value.
1 – LVMH
In 1987, the merger between Louis Vuitton the fashion brand and Moët Hennessy known for drinks gave rise to one of the most well-known and powerful multinational brand called LVMH Louis Vuitton Moët Hennessy. Based out of Paris in France, this company sells luxury goods such as fashion clothing, leather goods, cosmetics, perfumes, alcoholic beverages and jewellery. It boasts of brands such as de Beers, Bulgari, Hublot and TAG Heuer and has a market value of around two hundred and thirty billion dollars.
2 – Chanel
Chanel has its humble beginnings dating back to 1909 when Gabrielle Coco Chanel started it by designing tasteful outfits and jewellery for women. The company is owned by Alan and Gerard Wertheimer. Its headquarters in France. Not only has this company been making exquisite jewellery worn by several celebrities across the globe but also continues to be a symbol of elegant and classy fashion until this day. With three hundred concept stores operating worldwide, Chanel today is worth around ten billion dollars.
3 – Signet
Known as the world’s largest retailer of diamonds and diamond jewellery, Signet Jewellers Ltd is the number one jewellery company in United Kingdom, United States of America and Canada. Previously known as the Ratner Group, this company was established in 1949. Its headquarters in London and it expanded gradually by a series of acquisitions in the 80’s and 90’s. Today this company is known for its lab grown diamond rings & natural diamond jewellery and is estimated to be worth 6.5 billion dollars.
4 – Cartier
Founded by Louis Cartier in 1847; Cartier is a luxury goods conglomerate that is involved in production, distribution and sales of jewellery and watches. A subsidiary of the Swiss Richemont Group today, Cartier has over three hundred stores operating across a hundred and twenty five countries. Cartier is a valuable brand and is regarded as the most prestigious jewellery manufacturers worldwide with revenue of around 7.5 billion dollars.
5 – Chow Tai Fook
Chow Tai Fook is a Chinese brand founded 1929 with its headquarters in Hong Kong. Although it is a conglomerate that engages in hotels, property development, energy, telecommunications and transport it is best known for its diamond jewellery which is sold across 2500 outlets in China alone. Their diamond jewellery collections are immaculate just like the engagement rings Hatton Garden. It ranks among the top 50 largest companies in the world and is worth around 7.2 billion dollars.
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