France and Botswana Ink Declaration to Use ‘Diamond’ Only for Natural
Paris Peace Forum meeting also touches on responsible sourcing, workers’ rights, and respect for local communities.
Latest Retail
Growth slowed to 1% in third quarter.
Discounts will have limited effect on Indian retailer’s margins, says jewelry chief.
Spending will increase 3% to 4% this year, National Retail Federation projects.
Revenue for jewelry up 27% year on year in September.
Boucheron, Pomellato and Qeelin all saw growth in third quarter.
179 companies closed in third quarter, compared with 160 a year earlier.
Average outlay on gifts will be 5% above last year, NRF projects.
Same-store sales up 31% year on year in second quarter.
Company cites waning consumer confidence in mainland China.
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A Tough Month for High-End Retail