Latest Retail

Pandora will introduce lab-grown diamonds in North America later this month following a trial in the UK, the jewelry retailer announced Tuesday.
Shareholders should reject proposal to add former LVMH executive to board, Johann Rupert says.
Revenue rose strongly at Brilliant Earth in the second quarter as the US retailer expanded its online-offline model and benefited from higher sales of fine jewelry.
US e-commerce spending rose in July as Amazon Prime Day drove record online sales, according to Adobe Analytics.
Signet Jewelers has signed a deal to acquire online retailer Blue Nile for $360 million in cash.
Revenue from the retail division of Warren Buffett’s Berkshire Hathaway fell 2.3% year on year in the second quarter amid supply-chain disruptions.
US jewelry sales rose in July, driven by strong demand and consumers’ desire to spend on products that made them happy, according to Mastercard SpendingPulse.
Tiffany & Co. has launched a non-fungible token (NFT) that comes with a real piece of jewelry, targeting an exclusive group of digital collectors.
Hong Kong’s hard-luxury sales grew at a more moderate pace in June as the health situation deteriorated and interest rates climbed.
Kering reported strong jewelry sales during the first half of 2022, led by a recovery in North America and Europe.

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