Mall Traffic up 91% on Black Friday
Mall traffic rose 91 percent on Black Friday compared to an average weekend. That's the result of a report from advertising technology company Mobility Technologies. That's the good news. The bad news,...
Namibian Government Considering Waiver of Tax on Namdeb in an Attempt to Save Jobs
According to media reports, Namibia’s Minister of Mines and Energy Tom Alweendo said recently that the Namibian Government is in the process of considering the waiver of royalty payments by “the county's...
Tiffany Sales Hit by Hong Kong Unrest
Unrest in Hong Kong hit jewelry chain Tiffany & Co. hard in its third quarter. The company reported that worldwide net sales of $1 billion and comparable sales were unchanged from the...
NRF: Record Number of Consumers Shop Over Thanksgiving Weekend 2019; Total Spend Up by...
The National Retail Federation (NRF) of the USA, announcing the results of its consumer survey on shopping over the Thanksgiving weekend (Thursday November 28 to Monday December 2, 2019), said that a...
Christmas spenders spooked by general election, says Barclaycard
November 2019 has shown poor consumer spending growth of only 0.9% on the same month last year.
The trend for saving money this year looks set to continue heading...
Tiffany director resigns a week after LVMH acquisition
Francesco Tripani, director on Tiffany’s board, has resigned only four days after the company was acquired by LVMH.
It was believed that Tripani was instrumental in brokering the $16.2billion...
Laings offers consumers the chance to win family experiences during Christmas trading
Family-run Laings will be giving back to its loyal customers this Christmas, with shoppers being given the opportunity to win a range of family experiences throughout December.
Launching the...
FF Group reaches preliminary restructuring deal with some creditors
The FF Group has reached a preliminary deal with some of its creditors over a rescue plan for the company.
Greek jeweller Folli Follie has Folli has struggled to...
GJEPC Chairman Pramod Kumar Agrawal is First-ever Indian to be Elected as Vice President...
Pramod Kumar Agrawal, current Chairman of The Gem & Jewellery Export Promotion Council (GJEPC), has become the first member of the Indian industry to be elected one of the three Vice Presidents...
Chow Tai Fook Receives Three Prestigious Accolades at Bloomberg’s Listed Enterprises of the Year...
Chow Tai Fook Jewellery Group Limited recently announced that it had won three accolades at the Listed Enterprises of the Year 2019 conducted by Bloomberg Businessweek (Chinese Edition).
The...
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An Atlanta man who tried to defraud dealers and wholesalers of nearly $1.2 million in diamonds and other high-end jewelry has been...
Tiffany Sales Hit by Hong Kong Unrest
Unrest in Hong Kong hit jewelry chain Tiffany & Co. hard in its third quarter. The company reported that worldwide net sales...
Signet Same Store Sales Up in Q3; Ecomm Up 13%
Signet Jewelers Limited today (Thursday) announced that same store sales at its North American locations increased 2.9 percent in Q3 2020. Average...
DMCC and Diamond Bourse of Italy Discuss Future of Trade on UAE National Day
DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise announced today details surrounding its...
Diamond Empowerment Fund Rebrands as Diamonds Do Good
To better reflect its mission, the Diamond Empowerment Fund is changing its name to Diamonds Do Good.
Diamonds...
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