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Category: Retail
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Retail
Improved Sentiment, New Acquisition Drive Watches of Switzerland
Addition of Roberto Coin has brought in business, as have increasing levels of stock in key brands.
December 5, 2024
Leah Meirovich
Retail
Holiday-Weekend Shopper Count Smashes Forecast
Figure beats NRF’s original prediction by more than 13 million.
December 4, 2024
Leah Meirovich
Retail
Jewelry One of Top Holiday Gifts This Year – Mastercard
Overall Black Friday sales rise 3.4% year on year.
December 3, 2024
Leah Meirovich
Retail
Hong Kong Luxury Decline Narrows Slightly in October
Revenue from segment down 11% year on year.
December 1, 2024
Leah Meirovich
Retail
Luk Fook Shutters 175 Shops as Slow Demand Persists
High gold prices weaken consumer sentiment and lead to revenue decrease of 27%.
November 26, 2024
Leah Meirovich
Retail
Macy’s Delays Results Amid Investigation into Employee ‘Hiding’ $154M
Individual intentionally made erroneous accounting entries for delivery expenses, company says.
November 26, 2024
Leah Meirovich
Retail
Luk Fook Warns First-Half Profit Down by 50%
High gold prices increased costs and impacted sales.
November 25, 2024
Leah Meirovich
Retail
Younger Shoppers Most Likely to Gift Jewelry for Holidays
Some 30% of 18- to 24-year-olds favor this category, according to NRF survey.
November 24, 2024
Leah Meirovich
Retail
Is Donald Trump Good for Diamonds and Jewelry?
What tax cuts, tariffs and immigration policy could mean for consumer demand.
November 21, 2024
Rapaport News
Retail
TSL Questions Ability to Remain ‘Going Concern’ in Challenging Market
High gold prices and significant drop in demand for natural-diamond jewelry hurt sales.
November 18, 2024
Leah Meirovich
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Featured
Small-Diamond Recovery Accelerates in June
0.30 ct. RAPI up 4.2%, a bigger gain than in May.
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