Category: Retail

National Retail Federation expects strong final weekend before Christmas.
US jeweler tackles slower-than-expected bridal demand.
Company predicts decline in fourth-quarter revenue.
Addition of Roberto Coin has brought in business, as have increasing levels of stock in key brands.
Figure beats NRF’s original prediction by more than 13 million.
Overall Black Friday sales rise 3.4% year on year.
Revenue from segment down 11% year on year.
High gold prices weaken consumer sentiment and lead to revenue decrease of 27%.
Individual intentionally made erroneous accounting entries for delivery expenses, company says.
High gold prices increased costs and impacted sales.
Prices from goods at company’s other sites up 9% over previous sale.
Jeweler won’t accept cost changes to either in-progress or confirmed future purchase orders.
2.33-carat diamond is fifth-largest of its color and hue.
Ramat Gan bourse cites global trade body’s “recent actions.”
Hong Kong and Dubai locations are now allowing rough and polished above 3.99 carats.
Solitaire diamond segment also saw a turnaround during fourth quarter.
Manufacturers shift inventory to US; prices see small rise.
AI advancements, new jewelry-making tech, and ways to push retail forward are just some of the topics in this edition’s offerings.

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