Hong Kong–based jewelry manufacturer LJ International Inc., which produces
the Lorenzo line and owns the ENZO retail jewelry stores in China, reported second-quarter
revenues of $33 million, representing a 47 percent year-over-year increase. Net
income was $2.3 million.
The company said revenue growth was strong in both retail
and wholesale operations. Second-quarter revenues for the ENZO stores, which
numbered 108 at the end of the quarter, were up 57 percent from the year
before, to $16.7 million. Wholesale revenues rose 38 percent, to $16.3 million.
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