Category: Retail

Larger diamonds with J grades and down are gaining popularity among wealthier US consumers. What’s driving the craze?
Jeweler also plans to expand lab-grown offering from one to 12 stores in coming year.
Country now accounts for more than half of total group revenue.
Revenue up 0.5% to $757.1 billion for the month.
Sales up 89% year on year thanks to new collections and strong consumer confidence.
Higher gold prices and a change in sales mix are driving increase.
Revenue from jewelry, watches, clocks and valuable gifts up 27% year on year.
Danish retailer will also incorporate multi-material pieces to save money and generate broader appeal.
Sales in municipality up 59% year on year in fourth quarter.

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