Titan: Strong Festive Jewellery Sales Drive 11% Growth
Titan Company, India’s leading jewellery retailer, said healthy consumer demand spurred by a vibrant festive season resulted in double-digit growth for Q3 of FY 2022-23 in combined sales year-on-year across the company’s standalone businesses.
Healthy...
US Jewelry Spending Down 5.4 % over Holiday Season
The holiday season saw a 5.4 per cent drop in year-on-year jewelry sales in the US, despite a growth in overall spending of 7.6 per cent.
Shoppers opted to spend their dollars on eating out...
Rio Tinto Unveils $3.75m Argyle Legacy Ring
Rio Tinto has unveiled its first piece of jewelry in its Argyle Pink Diamonds Icon Partner program.
It's a one-off $3.75m ring handcrafted with 3.42 carats of pink, red and blue diamonds from the iconic...
US July Retail Sales Show Consumers Still Shopping Despite Inflation
Core retail sales as calculated by the National Retail Federation (NRF) rose in July even as overall sales reported by the Census Bureau remained flat on a monthly basis, and both calculations showed strong...
June UK retail sales dip again, July looks flat – CBI
The first monthly retail sales report for June is out and it doesn’t look good. The Confederation of British Industry (CBI) has released its regular report and said that retail sales volumes fell slightly...
Ultra-Wealthy Invest $1.1bn in Tycoon’s Jewelry Fund
Hong Kong billionaire Calvin Lo has launched a jewelry investment for the ultra-rich to take financial refuge in pieces by Van Cleef & Arpels, Cartier and Bulgari.
The insurance tycoon has already attracted $1.1bn from...
E-Commerce Jewellery Exports Through Courier Route Gets Wings: GJEPC
As announced by Hon’ble Finance Minister Smt. Nirmala Sitharaman in the 2022-23 budget, the Finance Ministry has come up with draft Standard Operating Procedure (SoP) for facilitating e-commerce jewellery exports through the courier route....
Orra’s Latest Store In New Delhi Targets Bridal Jewellery Boom
Diamond jewellery retail chain Orra opened a new store in the upscale residential colony Preet Vihar in New Delhi, taking its store count to 10 in Delhi, and 59 across India.
The outlet, inaugurated by...
US Jewellery Sales +11.9% In March As Consumer Spending Re-Balances To Pre-Pandemic Levels
Jewellery sales in the US in March benefitted from life increasingly getting back on track and growing numbers of consumers returning to stores, said Mastercard SpendingPulse, a payment tracking firm. US jewellery sales in...
NRF: US Holiday Sales Set For Record 11.5% Jump
US retail sales continued to grow in November, putting the 2021 holiday season on the home stretch for record spending despite inflation, supply chain disruptions and Covid-19, the National Retail Federation (NRF) said.
“Despite economic...
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