[Ranking] TOP 25 Jewelry Retail / Retail Companies Q3/2023
Intro
Jewelry retail is a crucial sector within the larger retail industry, providing consumers with a wide range of luxurious and fashionable accessories. From engagement rings to statement necklaces, the jewelry retail industry plays a significant role in the worldwide economy.
With its profound influence, the jewelry retail industry has a ripple effect across diverse sectors. It not only caters to the desires of fashion-conscious consumers but also supports the growth of gemstone and precious metal mining, manufacturing, and design industries.
The economic magnitude of the jewelry retail industry is substantial and continues to grow. Global sales of jewelry reached a staggering $278 billion in 2018, and the industry is projected to experience a steady upward trajectory in the coming years.
Recent trends, breakthroughs, and obstacles have been shaping the jewelry retail industry. The rise of e-commerce has transformed the way customers shop for jewelry, with online platforms providing convenience and access to a vast array of products. Additionally, ethical sourcing and sustainability have become significant concerns for both consumers and industry players.
The landscape of the jewelry retail industry is ever-changing, making it an exciting and dynamic business environment. With new fashion trends, technological advancements, and consumer preferences emerging constantly, the industry is continuously evolving. This sets the context for exploring the leading companies in the jewelry retail sector.
Ranking
#25 Buccellati
Employees: 1K
Revenue: 100M$
Website: https://www.buccellati.com
Description: Buccellati is a renowned jewelry retail company headquartered in Milan, Italy. Established in 1919, the company has a rich history of crafting exquisite jewelry pieces. With a dedicated team of 1,000 employees, Buccellati is known for its exceptional craftsmanship and attention to detail. The company has achieved a revenue of 100 million dollars, showcasing its success in the jewelry retail industry. Offering a wide range of stunning jewelry collections, Buccellati continues to be a leader in the luxury jewelry market.
#24 TASAKI
Employees: 1.5K
Revenue: 200M$
Website: https://www.tasaki.co.jp/en/
Description: TASAKI is a renowned jewelry retailer based in Tokyo, Japan. Since its founding in 1954, TASAKI has established itself as a leader in the industry, offering high-quality and innovative jewelry pieces to customers worldwide. With a team of approximately 1.5K employees, TASAKI combines traditional craftsmanship with modern design, creating unique and luxurious jewelry collections. The company's revenue stands at around 200 million dollars, reflecting its successful presence in the competitive jewelry retail market. TASAKI continues to thrive by continually pushing the boundaries of jewelry design and maintaining its commitment to excellence.
#23 Maison Birks
Employees: 1.5K
Revenue: 200M$
Website: https://www.maisonbirks.com
Description: Maison Birks is a leading jewelry retailer headquartered in Montreal, Canada. With a rich heritage dating back to 1879, the company has established itself as a trusted name in the industry. Maison Birks offers a wide range of luxury jewelry pieces, including engagement rings, necklaces, bracelets, earrings, and watches. The company is known for its exceptional craftsmanship, attention to detail, and timeless designs. With a team of approximately 1,500 employees, Maison Birks continues to create exquisite jewelry that celebrates life's special moments. In 2020, the company reported a revenue of approximately 200 million US dollars, solidifying its position as a key player in the retail jewelry market.
#22 Shane Co.
Employees: 1.5K
Revenue: 400M$
Website: https://www.shaneco.com
Description: Shane Co. is a renowned jewelry retailer based in Seattle, United States. Established in 1971, the company has grown to become a prominent player in the jewelry retail industry. With a workforce of approximately 1.5 thousand employees, Shane Co. offers a wide range of high-quality jewelry products, including engagement rings, wedding bands, earrings, necklaces, bracelets, and more. The company is dedicated to providing exceptional customer service and prides itself on its knowledgeable staff who assist customers in finding the perfect jewelry pieces for any occasion. Shane Co. has achieved significant success, generating an estimated annual revenue of 400 million dollars.
#21 Mappin & Webb
Employees: 1.6K
Revenue: 400M$
Website: https://www.mappinandwebb.com/
Description: Mappin & Webb is a renowned jewelry retailer headquartered in London, United Kingdom. Established in 1775, the company has a rich heritage and a reputation for offering exquisite jewelry pieces, luxury watches, and accessories. With a workforce of approximately 1,600 employees, Mappin & Webb has established itself as a leading player in the jewelry retail industry. The company generates an estimated annual revenue of 400 million dollars. Mappin & Webb's commitment to craftsmanship, quality, and exceptional customer service has made it a trusted destination for those seeking timeless elegance and sophistication.
#20 Mouawad
Employees: 1K
Revenue: 500M$
Website: https://www.mouawad.com/
Description: Mouawad is a renowned jewelry retail company headquartered in Dubai, United Arab Emirates. With a rich history dating back to 1890, the company has established itself as a leader in the industry. Mouawad operates globally, offering a wide range of exquisite jewelry pieces including diamond, gemstone, and gold collections. The company's commitment to exceptional craftsmanship and innovative design has earned them a prestigious reputation. With around 1,000 employees, Mouawad continues to cater to the discerning tastes of luxury jewelry enthusiasts worldwide. With an estimated revenue of 500 million dollars, Mouawad remains a significant player in the global jewelry retail market.
#19 David Yurman
Employees: 1.5K
Revenue: 500M$
Website: https://www.davidyurman.com
Description: David Yurman is a renowned jewelry retail company headquartered in New York, United States. Founded in 1980, the company has established itself as a leading player in the industry. With approximately 1.5 thousand employees, David Yurman operates with a focus on providing high-quality jewelry products to its customers. The company generates an impressive revenue of 500 million dollars annually. Known for its iconic cable motif designs, David Yurman offers a wide range of jewelry including rings, bracelets, necklaces, and watches. With its commitment to craftsmanship and innovation, David Yurman continues to be a prominent force in the jewelry retail industry.
#18 Mikimoto
Employees: 1.6K
Revenue: 500M$
Website: https://www.mikimoto.com
Description: Mikimoto is a renowned jewelry retailer headquartered in Tokyo, Japan. Founded in 1893, the company has established itself as a leader in the jewelry industry. With a workforce of approximately 1,600 employees, Mikimoto offers a wide range of exquisite jewelry pieces, specializing in pearls. The company's commitment to quality and craftsmanship has earned them a loyal customer base worldwide. Mikimoto generates an estimated annual revenue of 500 million dollars, making it a significant player in the retail jewelry market. Visit their website to explore their stunning collection of jewelry.
#17 Hearts On Fire
Employees: 1.2K
Revenue: 500M$
Website: https://www.heartsonfire.com
Description: Hearts On Fire is a prominent jewelry retail company based in Boston, United States. Since its founding in 1996, the company has been at the forefront of the luxury jewelry industry, offering exquisite diamond pieces that are known for their exceptional craftsmanship and unparalleled brilliance. With a team of approximately 1,200 employees, Hearts On Fire continues to set new standards in the retail sector, providing customers with a unique and personalized shopping experience. The company's revenue stands at around 500 million dollars, a testament to its success and popularity among discerning jewelry enthusiasts worldwide.
#16 Graff Diamonds
Employees: 1K
Revenue: 500M$
Website: https://www.graff.com
Description: Graff Diamonds, headquartered in London, United Kingdom, is a prominent player in the Jewelry Retail industry. With a rich history dating back to 1960, the company has established itself as a leader in the luxury jewelry market. Graff Diamonds operates a network of high-end retail stores globally, offering an exquisite range of diamond jewelry, including engagement rings, necklaces, earrings, and watches. Renowned for their exceptional craftsmanship and unrivaled expertise in sourcing the finest diamonds, Graff Diamonds caters to a discerning clientele seeking exquisite and exclusive pieces. The company's dedication to quality, artistry, and innovation has earned them a prestigious reputation in the jewelry industry. With approximately 1,000 employees and an annual revenue of 500 million dollars, Graff Diamonds continues to be a symbol of luxury and elegance in the retail sector.
#15 Chopard
Employees: 1.5K
Revenue: 500M$
Website: https://www.chopard.com/
Description: Chopard, headquartered in Geneva, Switzerland, is a prominent player in the Jewelry Retail industry. Established in 1860, the company boasts a rich heritage and a strong reputation for crafting exquisite jewelry pieces. With around 1.5 thousand employees, Chopard combines traditional craftsmanship with innovative design to create timeless and luxurious jewelry collections. The company's revenue stands at approximately 500 million dollars, reflecting its success and popularity among discerning customers. Chopard's commitment to sustainability and ethical practices further enhances its appeal in the highly competitive jewelry retail market.
#14 Piaget
Employees: 2K
Revenue: 500M$
Website: https://www.piaget.com/
Description: Piaget is a luxury jewelry retail company based in New York City. Founded in 1874, the company has established itself as a leading brand in the industry. With a workforce of approximately 2,000 employees, Piaget offers a wide range of exquisite jewelry pieces, including diamond rings, bracelets, necklaces, and watches. Known for its exceptional craftsmanship and attention to detail, Piaget has earned a reputation for creating timeless and elegant designs. The company's revenue stands at around 500 million dollars, reflecting its strong presence in the luxury jewelry market. Piaget continues to innovate and captivate customers with its exceptional creations, making it a prominent player in the retail industry.
#13 Blue Nile
Employees: 2.5K
Revenue: 600M$
Website: https://www.bluenile.com
Description: Blue Nile, headquartered in Seattle, United States, is a leading jewelry retailer that operates in the Retail industry. Founded in 1999, the company has a workforce of approximately 2,500 employees. With a revenue of 600 million dollars, Blue Nile has established itself as a prominent player in the jewelry retail market. The company offers a wide range of high-quality jewelry, including engagement rings, wedding bands, and fine jewelry, which can be purchased through their e-commerce platform. Blue Nile's commitment to providing exceptional customer service and offering a personalized shopping experience has contributed to its success in the industry.
#12 Kalyan Jewelers
Employees: 6K
Revenue: 1.2B$
Website: https://www.kalyanjewellers.net
Description: Kalyan Jewelers is a renowned jewelry retail company based in Thrissur, India. Since its establishment in 1993, the company has grown to become a leading player in the jewelry retail industry. With a workforce of approximately 6,000 employees, Kalyan Jewelers is committed to providing exceptional customer service and a wide range of high-quality jewelry products. The company generates an impressive revenue of 1.2 billion dollars annually, showcasing its strong presence in the market. Kalyan Jewelers continues to expand its offerings and has established itself as a trusted brand in the jewelry retail industry.
#11 Harry Winston
Employees: 1.5K
Revenue: 1.2B$
Website: https://www.harrywinston.com/
Description: Harry Winston is a renowned jewelry retailer headquartered in New York City. Founded in 1932, the company has established itself as a leader in the luxury jewelry industry. With approximately 1.5K employees, Harry Winston offers a wide range of high-quality jewelry, including diamond engagement rings, earrings, necklaces, and bracelets. The company is known for its exceptional craftsmanship and exquisite designs, attracting customers from around the world. Harry Winston's revenue reached 1.2B$, reflecting its strong presence and success in the jewelry retail market. With its prestigious brand reputation, Harry Winston continues to be a prominent player in the industry, catering to the desires of discerning customers seeking timeless elegance and luxury.
#10 Bulgari
Employees: 3K
Revenue: 1.5B$
Website: https://www.bulgari.com/en-int/
Description: Bulgari, headquartered in Rome, Italy, is a renowned luxury jewelry retail company operating in the Retail industry. Founded in 1884, the company has a rich history and is globally recognized for its exquisite jewelry designs. With approximately 3,000 employees, Bulgari has established itself as a leading player in the industry. The company's revenue stands at 1.5 billion US dollars, reflecting its success and strong market position. Bulgari offers a wide range of high-quality jewelry, including rings, necklaces, bracelets, and watches, known for their exceptional craftsmanship and timeless elegance. Through its website and physical stores worldwide, Bulgari caters to discerning customers seeking luxury and sophistication in their jewelry choices.
#9 Cartier
Employees: 3K
Revenue: 2B$
Website: https://www.cartier.com/
Description: Cartier is a renowned luxury jewelry brand based in Paris, France. Founded in 1847, the company has established itself as a leader in the jewelry retail industry. With its headquarters in the heart of Paris, Cartier has a rich heritage of crafting exquisite jewelry pieces, including iconic watches, engagement rings, and high-end accessories. The company employs approximately 3,000 individuals who are dedicated to upholding the brand's commitment to exceptional craftsmanship and timeless elegance. Cartier's revenue stands at around 2 billion dollars, a testament to its success and popularity among discerning customers worldwide.
#8 Pandora
Employees: 22K
Revenue: 2.8B$
Website: https://www.pandora.net
Description: Pandora is a renowned jewelry retailer headquartered in Baltimore, United States. Since its founding in 1982, the company has grown to become a prominent player in the jewelry retail industry. With approximately 22,000 employees, Pandora operates numerous stores worldwide, offering a wide range of high-quality and customizable jewelry pieces. The company's revenue stands at an impressive 2.8 billion US dollars, a testament to its success and popularity among consumers. Pandora's website serves as a platform for customers to explore and purchase their exquisite jewelry collections, including their iconic charm bracelets, rings, earrings, and necklaces. With its commitment to craftsmanship and innovation, Pandora continues to captivate customers with their timeless and elegant jewelry designs.
#7 Chow Tai Fook
Employees: 38K
Revenue: 3.9B$
Website: https://www.chowtaifook.com
Description: Chow Tai Fook, headquartered in Hong Kong, China, is a prominent player in the Jewelry Retail industry. Founded in 1929, the company has a workforce of approximately 38,000 employees. With annual revenue reaching 3.9 billion US dollars, Chow Tai Fook has established itself as a leading jewelry retailer in Asia. The company operates a vast network of stores, offering a wide range of jewelry products including diamonds, gemstones, watches, and gold. Chow Tai Fook's commitment to quality and craftsmanship has earned it a strong reputation in the industry, attracting a large customer base. Through its online platform and physical stores, the company caters to both domestic and international customers, providing them with exquisite jewelry pieces that reflect elegance and style.
#6 Tiffany & Co.
Employees: 14K
Revenue: 4.4B$
Website: https://www.tiffany.com
Description: Tiffany & Co. is a renowned jewelry retailer based in New York City, United States. With its headquarters located in North America, Tiffany & Co. has been in operation since its foundation in 1837. The company employs approximately 14,000 individuals and generates an estimated annual revenue of 4.4 billion US dollars. Tiffany & Co. is known for its exquisite collection of high-end jewelry, luxury watches, and accessories. It has established itself as a global leader in the jewelry retail industry, offering iconic designs and exceptional craftsmanship. Through its website and physical stores, Tiffany & Co. continues to provide customers with an unmatched shopping experience and a wide range of luxury products.
#5 Swarovski
Employees: 35K
Revenue: 4.8B$
Website: https://www.swarovski.com/
Description: Swarovski, headquartered in Wattens, Austria, is a leading jewelry retail company operating in the Retail industry. Founded in 1895, the company employs approximately 35,000 people worldwide. Swarovski is renowned for its precision-cut crystals and offers a wide range of jewelry products, including necklaces, bracelets, earrings, and rings, as well as accessories and home decor items. With its exquisite craftsmanship and innovative designs, Swarovski has established itself as a luxury brand in the jewelry industry. The company generates an annual revenue of around 4.8 billion dollars, making it one of the key players in the global jewelry retail market.
#4 De Beers
Employees: 25K
Revenue: 6.1B$
Website: https://www.debeersgroup.com
Description: De Beers is a prominent player in the Jewelry Retail industry, operating primarily in Africa. With its headquarters in Johannesburg, South Africa, the company was founded in 1888. De Beers employs approximately 25,000 individuals worldwide. The company generates an estimated revenue of 6.1 billion dollars. De Beers is renowned for its expertise in diamonds and is involved in various activities related to the mining, trading, and retailing of these precious gems. The company has established itself as a leader in the industry, offering high-quality diamond jewelry and innovative designs to customers around the globe through its retail operations.
#3 Signet Jewelers
Employees: 24K
Revenue: 6.3B$
Website: https://www.signetjewelers.com
Description: Signet Jewelers, headquartered in Akron, United States, is a prominent player in the Jewelry Retail industry. Founded in 1949, the company operates a diverse portfolio of retail brands including Kay Jewelers, Zales, Jared, and Piercing Pagoda. With approximately 24,000 employees, Signet Jewelers offers a wide range of jewelry products and services, catering to various customer preferences and budgets. The company's revenue stands at 6.3 billion US dollars, reflecting its strong presence in the market. Signet Jewelers continues to expand its retail footprint, leveraging its expertise and reputation in the jewelry industry to provide customers with exceptional shopping experiences and high-quality products.
#2 Swatch Group
Employees: 36K
Revenue: 8.2B$
Website: https://www.swatchgroup.com
Description: The Swatch Group is a prominent player in the Jewelry Retail industry. Headquartered in Biel/Bienne, Switzerland, the company operates globally and offers a wide range of jewelry products through its various brands. With a rich history dating back to 1983, the company has established itself as a leader in the industry. The Swatch Group employs approximately 36,000 individuals worldwide, contributing to its success and growth. In terms of revenue, the company generates an impressive 8.2 billion dollars annually, solidifying its position as a major player in the jewelry retail market. With its commitment to innovation, quality, and stylish designs, the Swatch Group continues to captivate customers and drive the industry forward.
#1 Richemont
Employees: 30K
Revenue: 13B$
Website: https://www.richemont.com
Description: Richemont is a leading luxury goods company operating in the jewelry retail industry. Headquartered in Geneva, Switzerland, the company was founded in 1988. With a workforce of approximately 30,000 employees, Richemont is known for its prestigious jewelry brands such as Cartier, Van Cleef & Arpels, and Piaget. The company's revenue stands at an impressive 13 billion dollars, reflecting its strong presence in the luxury market. Richemont's jewelry retail activities encompass the design, manufacturing, and distribution of high-end jewelry pieces, including diamond and gemstone jewelry, watches, and accessories. Through its extensive network of boutiques and authorized retailers, Richemont ensures its luxury jewelry brands reach discerning customers worldwide.
Summary
The top companies in the Jewelry Retail sub-industry have been analyzed and ranked based on their performance and achievements. These companies have demonstrated exceptional success in the highly competitive retail sector, particularly in the jewelry market.
One outstanding finding is the significant growth of online jewelry retailers. As consumers increasingly prefer the convenience of shopping online, these companies have capitalized on the digital trend and experienced remarkable success.
Among the premier companies in the Jewelry Retail sub-industry are Tiffany & Co., Signet Jewelers, and Pandora. These companies have established themselves as leaders in the industry and are recognized for their high-quality products, exceptional craftsmanship, and strong brand reputation.
One key element driving the prosperity of these leading firms is their ability to adapt to changing consumer preferences. They have invested in innovative technologies, such as augmented reality for virtual try-ons, and have created personalized shopping experiences to cater to individual customer needs.
What sets these eminent companies apart from their industry rivals is their commitment to sustainability and ethical practices. They source their materials responsibly, ensuring that their jewelry is ethically produced. Additionally, they actively engage in social responsibility initiatives, supporting causes such as environmental conservation and fair trade.