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Economic situation should keep consumers spending as holiday season gets underway, according to NRF.
Kering-owned jewelry brand opens boutique on New York’s Madison Avenue.
Gianluca Brozzetti will serve in an interim CEO role at Vhernier.
Retailer incurs loss following impairment related to digital banners.
Group sales up 3.2% in first eight weeks of fiscal 2025.
Increase in outbound tourism leads to buying abroad.
Retailer launches pop-up in Hong Kong and will offer lab-grown diamond and sapphire jewelry.
Retail market sending mixed messages ahead of holiday season.
Retailer lowers guidance for the full year to between $22.1 billion and $22.4 billion.
Special deal days also contributed to 1% increase, according to NRF.

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