Category: 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.

Holiday-Weekend Shopper Count Smashes Forecast 

Figure beats NRF’s original prediction by more than 13 million.

Jewelry One of Top Holiday Gifts This Year – Mastercard

Overall Black Friday sales rise 3.4% year on year.

Hong Kong Luxury Decline Narrows Slightly in October 

Revenue from segment down 11% year on year.

Luk Fook Shutters 175 Shops as Slow Demand Persists 

High gold prices weaken consumer sentiment and lead to revenue decrease of 27%.

Macy’s Delays Results Amid Investigation into Employee ‘Hiding’ $154M 

Individual intentionally made erroneous accounting entries for delivery expenses, company says.

Luk Fook Warns First-Half Profit Down by 50%

High gold prices increased costs and impacted sales.

Younger Shoppers Most Likely to Gift Jewelry for Holidays

Some 30% of 18- to 24-year-olds favor this category, according to NRF survey.

Is Donald Trump Good for Diamonds and Jewelry?

What tax cuts, tariffs and immigration policy could mean for consumer demand.

TSL Questions Ability to Remain ‘Going Concern’ in Challenging Market

High gold prices and significant drop in demand for natural-diamond jewelry hurt sales.

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