France and Botswana Ink Declaration to Use ‘Diamond’ Only for Natural
Paris Peace Forum meeting also touches on responsible sourcing, workers’ rights, and respect for local communities.
Latest Retail
Consumers likely to pay average of $890 per person, down from last year’s $902.
Division down 2% in third quarter.
Early festive season and improved diamond demand also drove increase.
Total spending to rise 5.3% year on year, according to Adobe.
Revenue from jewelry, watches, clocks and valuable gifts up 16% year on year.
Higher tariffs may have consumers steering away from luxury items and purchasing gift cards, which operate on a fixed budget, according to Mastercard.
Reed Krakoff will also continue his role as creative chairman of John Hardy.
Back-to-school shopping also drove August increase.
Small- and medium-sized retailers are showing steady memo demand for natural goods ahead of the holidays.
Jewelry retailers weigh in on the pandemic’s lingering effects, including clients’ higher digital standards and couples’ tendency to make the search a team effort.
Featured