Cut Diamonds » Plunge http://www.cutdiamonds.biz   Diamond Article & Web Directory. Thu, 09 Feb 2012 13:51:53 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Namibia diamond profits plunge http://www.cutdiamonds.biz/news/namibia-diamond-profits-plunge/ http://www.cutdiamonds.biz/news/namibia-diamond-profits-plunge/#comments Sun, 23 May 2010 06:12:00 +0000 admin http://www.cutdiamonds.biz/news/namibia-diamond-profits-plunge/ Continue reading → No related posts. Related posts brought to you by Yet Another Related Posts Plugin.]]>

WINDHOEK, May 21 – Namibia’s largest diamond mining company Namdeb recorded a 73-million-dollar loss in its annual results for 2009, as the global recession ravaged sales, the company said Thursday. ‘Carats sold in 2009 have decreased by 25 percent and

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]]> http://www.cutdiamonds.biz/news/namibia-diamond-profits-plunge/feed/ 20 LVMH Profit from Jewelry Sales Plunge 47% in 2009 http://www.cutdiamonds.biz/news/lvmh-profit-from-jewelry-sales-plunge-47-in-2009/ http://www.cutdiamonds.biz/news/lvmh-profit-from-jewelry-sales-plunge-47-in-2009/#comments Mon, 08 Feb 2010 12:25:01 +0000 admin http://www.cutdiamonds.biz/news/lvmh-profit-from-jewelry-sales-plunge-47-in-2009/ Continue reading → No related posts. Related posts brought to you by Yet Another Related Posts Plugin.]]>

LVMH Moët Hennessy Louis Vuitton recorded a revenue of €17.1 billion ($23.31 billion) in 2009. The luxury products group suffered a 1 percent decline in revenue and 13 percent drop in profit compared to 2008. The Watches & Jewelry segment suffered a severe blow, declining to €764 million ($1.04 billion).

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