Latest Retail

De Beers Sales Fall Amid Slow Trading

Rough-price index declined 2% in first half of 2023.

Lifting of travel restrictions drove 11% sales growth in first half.

Retail revenue up 0.2% compared with May, Census Bureau reports.

Move is part of retailer’s efforts to expand its jewelry-service division.

Hong Kong-based retailer to focus on gold jewelry.

Revenue from Buccellati, Cartier, and Van Cleef & Arpels up 19% year on year in first fiscal quarter.

Consumers spent $6.4 billion on July 11, says Adobe.

Stores in Virginia, Illinois, Florida and California are part of company’s omni-channel strategy, it says.

Municipality’s same-store sales up 64% year on year in first fiscal quarter.

Company aims to add 18 new Tanishq jewelry stores, with main focus on Gulf area and US.

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