Faberge reports significant jump in sales for third quarter

0
1179

As part of the Gemfields trading update, luxury jeweller Faberge announced that it experienced a huge jump in sales for the third quarter compared to the same period in 2013. The new numbers can be attributed to an increasing demand of high-end luxury jewellery items by the world’s upper class.

The item highest in demand is a stunning multi-coloured ring costing over $40,000 and featuring 300 emeralds, sapphires, rubies and diamonds.

Owner of the largest emerald mine in the world located in Zambia, Gemfields purchased Faberge in 2013 for over $150M. CJ

 149 total views