Latest Retail

Pandora to Raise Prices as It Navigates Tariff-Driven Increase in Costs

Jeweler will also close at least 50 stores in China this year.

Company posted $3.3 million deficit in first quarter, compared to profit of $1.1 million a year ago.

Revenue from jewelry and watches down 3.9% in March compared to 13% in February.

Demand for diamond products improved in fourth fiscal quarter.

Consumers will shell out $6.8 billion on category, compared to $7 billion a year ago.

Boucheron, Pomellato and Qeelin all saw strong growth in first quarter.

Company plans to replace products with fixed-price gold.

Consumers stocked up to avoid higher prices from looming taxes.

Former chief operating officer Andrea Slingsby will take his place on the board until he returns.

Revenue for division up 1% as Tiffany sees “excellent growth.”

Paris Peace Forum meeting also touches on responsible sourcing, workers’ rights, and respect for local communities.