Latest Retail

Signet Sales and Profit Fall in Challenging US Market

Trading picked up during first fiscal quarter after “sluggish” February, jeweler reports.

Retailer launches four collections in new Denmark flagship store.

Consumers took trips abroad for Easter, while weather curbed local spending.

Retailer also upped its guidance for the full year.

Revenue will fall compared to last year as forecasted market recovery in second half did not materialize.

Full-year revenue flat as drop offsets rise in US market.

Company wants consumers to view it as a full jewelry brand rather than a charms business.

Category reached new record high of $15.49 billion for the full year.

Naturals have a strong chance of succeeding in a quality-conscious market, jewelers argue.

Inflation has driven moderation and selectivity in purchasing, according to NRF.

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