Why Jewelry Retail Is Struggling to Reverse Its Two-Decade Decline March 28, 2024 The aging of the industry, the difficulties of owning a store these days and the lack of new blood are contributing to a systemic decline of independent retail jewelry stores. Retail
Forevermark to Refocus as Jewelry Brand, Drop De Beers Name March 27, 2024 Business will begin testing the strategy in India. Retail
Hong Kong Reopening Drives Strong Sales at Chow Sang Sang March 26, 2024 Increased demand for gold products also led to rise in revenue. Retail
Signet Says Shoppers Getting Wiser on Falling Lab-Grown Prices March 21, 2024 Last year saw highly promotional environment in natural and synthetics, according to CEO Gina Drosos. Lab-grown Diamonds
NRF Predicts Slowdown in US Retail Sales in 2024 March 21, 2024 Spending will reach between $5.23 trillion and $5.28 trillion, federation forecasts. Retail
Signet Revenue Slides Amid Lower-Value Sales March 20, 2024 Jeweler expects number of US engagements to be down by low- to mid-single digits in first quarter. Retail
Brilliant Earth Reports Record Revenue for 2023 March 17, 2024 17% increase in number of orders drove sales. Retail
Hong Kong Jeweler TSL Warns of Major Loss for Full Year March 17, 2024 Deficit driven by lack of demand for diamond jewelry in mainland China. Retail
US Retail Sales Show Slight Improvement in February March 17, 2024 Gain is due to higher spending on services, while outlay on goods has softened, NRF says. Retail
Jewelry Segment Sees Rebound in Recovering China Luxury Market March 11, 2024 Category up 15% to 20% in 2023. Retail