Latest Retail

India’s Titan Company Buys Out CaratLane for $557M

Jewelry giant ups stake in online retailer to 98%.

Revenue up 0.7% from June amid summer promotions.

Consumers’ changing spending habits are the real cause of weak retail sales, more so than rising inflation, says consultant David Marcotte.

Revenue up 1.3% year on year in second quarter.

Jewelers’ Security Alliance reports 14 incidents in just over a month.

Revenue from jewelry, watches, clocks and valuable gifts up 64% in June.

Number of business closures rose 8% year on year in second quarter.

Boucheron, Pomellato and Qeelin all delivered double-digit growth, company says.

Division’s sales up 11% in first half of 2023.

Retailer in discussions to open new locations before Christmas.

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