09 September 2010
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NEWS Retail
TOLKOWSKY EXPANDS DIAMOND BRAND THROUGHOUT AUSTRALIA, NEW ZEALAND
05 September 2010
Luxury diamond brand Tolkowsky is expanding throughout Australia and New Zealand by launching its brand in 27 outlets in those two countries. Following the brand's launch at the JAA Int...
TIFFANY & CO. POSTS 9% INCREASE IN 2ND QUARTER WORLDWIDE SALES
30 August 2010
Luxury jewelry retailer Tiffany & Co. reported worldwide net sales of US$668.8 million during the second quarter ended July 31, 2010, a 9 percent increase over the comparative period a ...
NRF: U.S. RETAIL OUTLOOK 'MURKY' DESPITE RESILIENT JULY SALES
23 August 2010
U.S. retail industry sales for July (excluding autos, gas stations, and restaurants) increased 3.1 percent unadjusted year-over-year yet declined 0.2 percent seasonally adjusted month-t...
SAKS INC. CLOSES FIVE SAKS FIFTH AVENUE STORES
23 August 2010
Following the closure of three Saks Fifth Avenue stores last month, U.S. specialty retailer Saks Incorporated is closing two more branches of its Saks Fifth Avenue store - in Texas and...
RIO TINTO ANNOUNCES NEW BRIDAL DIAMOND MARKETING INITIATIVE IN INDIA
22 August 2010
Building on the demand for bridal diamond jewelry in India, Rio Tinto has launched a new marketing initiative to focus on bridal accessories. The campaign, titled "Nazraana," aims to ca...
LVMH'S WATCH & JEWELRY GROUP POSTS 28% REVENUE INCREASE IN H1 2010
29 July 2010
Luxury products group LVHM Mo?t Hennessey Louis Vuitton posted revenue of €9.1 billion (US$11.8 billion) in the first half of the year, an increase of 16 percent. Profit from recurring ...
NEIL LANE PARTNERS WITH KAY JEWELERS TO LAUNCH NEW BRIDAL COLLECTION
21 July 2010
Jewelry designer Neil Lane and U.S. jewelry chain Kay Jewelers have teamed up to introduce Neil Lane Bridal, a new jewelry collection of 36 vintage-inspired engagement and wedding rings...
NRF: ECONOMIC UNCERTAINTY IMPACTED U.S. CONSUMERS IN MAY
13 June 2010
The latest U.S. retail sales released by the U.S. Commerce Department suggest that after two months of increased spending, U.S. consumers tightened their wallets in May. U.S. retail ind...
MICHAEL HILL TO CLOSE 8 U.S. JEWELRY RETAIL STORES
09 June 2010
Due to challenging economic and retail environments, jewelry retailer Michael Hill is scaling back its U.S. presence by closing eight of its 17 stores in the country. The remaining nine...
RIO TINTO DIAMOND TO BRING TOGETHER SELECT DIAMANTAIRES AND US JEWELERS
07 June 2010
In an effort to gain market share among US jewelry retailers, Rio Tinto Diamond is holding an inaugural jewelry business development symposium in Chicago, where many of its Select Diama...
TIFFANY & CO.'S 1ST QUARTER WORLDWIDE SALES UP 22%
30 May 2010
Tiffany & Co.'s worldwide sales increased 22 percent to US$633.6 million in the first quarter ended April 30, 2010, owing to growth in most regions and product categories, said the jewe...
SIGNET POSTS 6.2% RISE IN 1ST QUARTER TOTAL SALES
30 May 2010
Signet Jewelers Limited posted a 6.2 rise in total sales to US$810 million for the 13 weeks ended May 1, 2010. The specialty retail jeweler had a 5.8 percent rise in same-store sales fo...
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