Surging Gold Prices Dent Luk Fook Revenue October 21, 2024 29% rise in metal’s value hurt second-quarter sales, as did failing diamond demand. Retail
Shuttering of US Jewelry Companies Slows October 21, 2024 Only 158 businesses closed in third quarter, compared to 171 in 2023. Retail
US Retail Sales Rise in September in Lead-Up to Holidays October 20, 2024 Employment growth and an easing of inflation and interest rates also fueled purchases. Retail
LVMH Jewelry Sales Slip Amid Flagging China Demand October 20, 2024 Revenue for the segment down 5% year on year in third quarter. Retail
2024 US Holiday Sales Growth to Be Slow but Steady October 20, 2024 Spending will increase between 2.5% and 3.5% year on year, says NRF. Retail
Podcast: Sustainability in Jewelry October 15, 2024 Consultant Danielle Keller imagines a more circular market for precious stones and metals. Retail
Gold Tax Reduction Spurs Titan Sales October 13, 2024 Jewelry sales up 26% year on year amid increase in purchases of non-gemstone studded products. Retail
US Jewelry Sales See Holiday Uptick – Mastercard October 10, 2024 Labor Day weekend drives 3.8% year on year rise in category. Retail
Change in Spending Patterns Hampers Hong Kong Luxury Sales October 8, 2024 Revenue down 24% year on year in August. Retail
Watches of Switzerland Acquires Hodinkee October 6, 2024 Move will give retailer access to media site’s established community and editorial expertise. Retail