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DJWE Promotes 20th Edition with Irina Shayk, Thierry Henry

Irina Shayk and Thierry Henry from DJWE's promotion film.
Irina Shayk and Thierry Henry from DJWE's promotion film.
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DJWE Promotes 20th Edition with Irina Shayk, Thierry Henry

Irina Shayk and Thierry Henry from DJWE's promotion film.
Irina Shayk and Thierry Henry from DJWE's promotion film.

The countdown for the Doha Jewelry and Watches Exhibition (DJWE) has started, and so have the preparations to host thousands of guests from the industry and around 500 luxury brands.

For over two decades, DJWE has emphasized its position, not only as a showcase of the world’s most exclusive jewelry and timepieces, but also as “a key driver of development and advancement, promoting Qatar’s position as one of the fastest growing tourism destinations in the region,” said Hessa Al-Thani, head of marketing planning at Qatar Tourism.

Running from February 5 to 11, the exhibition promises its visitors a wide variety of creations and special editions.

The preparation for the highly anticipated event started months ago. Visit Qatar unveiled its new “Jewelry Connoisseurs” campaign for the event, featuring supermodel Irina Shayk and iconic French football Thierry Henry.

Directed by Luca Caon and fashion photographer Rowan Papier, the film shows the two stars with an exclusive collection of extraordinary jewelry and timepieces with the support from the five biggest exhibitors of the event: 51 East, Ali bin Ali, Alfardan Jewelry, Al Majed and Bulgari.

While Shayk and Henry come from two different worlds, they are both passionate about fancy jewelry and timepieces, and this passion clearly manifests in the promotion campaign. The film shows the supermodel and footballer arriving at the exhibition and exploring what it has to offer.

“Throughout my career, I have always appreciated the best in design and luxury. I am a keen follower of the watches industry and admire the dedication, expertise and years of training required for the creation of a timepiece. I am really excited to experience the entire Doha exhibition and all that it has to offer and will be on the lookout for special pieces, designers, and craftsmen,” said Henry, commenting on his film debut for DJWE.

“I am happy and eager for more exploration, and I know their pieces will become family heirlooms to be passed down generation after generation,” said Shayk.

Acclaimed Director Luca Caon and photographer Rowan Papier created a masterpiece of beauty and intrigue. “What is very interesting about this film is that it is of a hybrid genre, between a commercial and fashion film,” said Caon.

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Fashion

Kering Posts 11% Drop in Q2 Sales, Sees Weak Second Half

The logo of luxury brand Gucci is seen in Tokyo on June 22, 2021. (AFP)
The logo of luxury brand Gucci is seen in Tokyo on June 22, 2021. (AFP)
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Kering Posts 11% Drop in Q2 Sales, Sees Weak Second Half

The logo of luxury brand Gucci is seen in Tokyo on June 22, 2021. (AFP)
The logo of luxury brand Gucci is seen in Tokyo on June 22, 2021. (AFP)

Kering reported a bigger-than-expected drop in second-quarter sales and forecast a weak second half, as the French luxury group struggles to revive its key label Gucci and worries grow about a prolonged downturn in high-end spending.

Sales at the French luxury group which owns labels Gucci, Boucheron and Balenciaga, fell to 4.5 billion euros ($4.9 billion), an 11% drop on an organic basis, which strips out currency effects and acquisitions.

The figure was below analyst expectations for a 9% drop, according to a Visible Alpha consensus.

It also said second-half operating income could fall by around 30%, following a 42% drop in the first half.

Sales at Gucci fell 19%, showing no improvement from the first quarter, and below analyst expectations for a 16% decline, according to a Visible Alpha consensus.

Kering has been revamping Gucci, the century-old Italian fashion house which accounts for half of group sales and two-thirds of profit.

Minimalist designs from new creative director Sabato de Sarno, which began trickling into stores earlier this year, are key to the design reset and push upmarket, in a bid to cater to wealthier clients who are more immune to economic headwinds.

Kering chief financial officer Armelle Poulou told reporters that the designs had been well received and the rollout was on track.

But the efforts have been complicated by a downturn in the global luxury market, while China's rebound - traditionally Gucci's most coveted market - was clouded by a property crisis and high youth unemployment as Western markets came down from a post-pandemic splurge.

Earnings from sector bellwether LVMH on Tuesday missed expectations as sales rose 1%, offering few signs that a pickup is around the corner, sending shares in luxury goods companies down on Wednesday. Kering traded at its lowest level since 2017.