National Retail Federations Predicts Holiday Spending Will Be up This Year

National Retail Federations Predicts Holiday Spending Will Be up This Year

The National Retail Federation (NRF) has released its predictions for consumer spending this holiday season, and they’re fairly rosy. In a survey conducted by Prosper Insights & Analytics for the NRF, consumers said they will...
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Over Half of Brits Plan to Splash The Cash on Black Friday

Global e-commerce events Black Friday and Cyber Monday are predicted to attract over half of British consumers when they get underway on November 24. New research from Barclaycard has found that while 22% of potential...
Henryka unveils transformed boutique

Henryka Unveils Transformed Boutique Following Branding Overhaul

Fast-growing silver and natural gemstone jewellery brand Henryka has transformed the interior and exterior of its own-brand boutique in Hereford to accommodate its new brand identity. Unveiled earlier this year, Henryka refreshed its brand strategy...
Nordstrom-Rack

Nordstrom Opens 5 New Rack Stores to Counter Off-Price Slowdown

The financial success of Nordstrom’s off-price Nordstrom Rack stores has offset the company’s shrinking sales in its full-price locations for years. But competition in the discount fashion retail category has intensified since the Great Recession—and...
Tiffany Opening Two Pop-up Stores in New York City

Tiffany Opening Two Pop-up Stores in New York City

Tiffany & Co. is opening two pop-up boutiques, concept stores that will last only 18 months, in New York City. The new stores will offer a “curated section of jewelry and its new home and...
Signet jewelers

Signet Completes Sale of Its Prime Credit Accounts

Signet Jewelers announced it has completed the first phase of the outsourcing of its in-house credit program. The first phase, announced last year in response to analyst concerns about its credit book, has three prongs: –...
Bon-Ton Sees Vendor Pullback, Report Says

Bon-Ton Sees Vendor Pullback, Report Says

Vendors of Bon-Ton Stores are pulling back on shipments, similar to how Toys R Us vendors exercised caution ahead of its recent bankruptcy, according to a report in Bloomberg. Suppliers to the 260-location department store...
harrypotter reveal instagram

Harry Potter jewellery launch conjures media frenzy

Alex and Ani has launched a Harry Potter collection which has spelled big publicity for the US jewellery brand just weeks after the opening its first UK store. Headlines in consumer press include, “This new...
neiman marcus storefront

Neiman Marcus Posts Net Loss, Unveils ‘Digital First’ Strategy

Neiman Marcus is unveiling a new strategy: digital first. Its latest SEC filing mentions the strategy but provides scant details about it, except noting that it’s aimed at “anticipating customers’ evolving behaviors and engaging them...
Jabong kickstarts festive season; aims at 2x jump in revenue

Jabong kickstarts festive season; aims at 2x jump in revenue

India's leading fashion e-tailer Jabong is all set for the festive season and expects to see a doubling of its revenues. The e-commerce platform's core consumer base is constantly growing as the company has seen...

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Precious-Gold slips to 1-week low as global slowdown fears ease

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International Diamond Council Elects New Leadership Julien Drybooms Is New Chairman, Pol Van Der...

The International Diamond Council (IDC) has elected Julien Drybooms as its new Chairman, while Pol van der Steen is the new Vice-Chairman. "I am very...
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Amazon to close domestic marketplace business in China

Amazon.com Inc plans to close its domestic marketplace business in China by mid-July, people familiar with the matter told Reuters on Wednesday, focusing efforts...
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BDB may lift ban on synthetic diamonds trade in 6 months

India cuts and polishes 10 out of every 11 rough diamonds traded globally. Mumbai: Bharat Diamond Bourse (BDB), the diamond trading hub in Mumbai,...
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