Uncertainty in Europe takes its toll on Tiffany’s holiday sales
Luxury jewellery Tiffany & Co has adjusted its full-year forecast after holiday results fall short of expectations.
During the two months ‘holiday’ period (November-December), worldwide net sales declined by 1% to $1.04bn, and comparable sales...
NRF: Strong Finish to Holiday Season as Growth Rate Doubles Over 2018
Holiday retail sales grew 4.1 percent year-over-year to $730.2 billion, reported the National Retail Federation (NRF). This result is in line with the NRF's October forecast that sales would rise between 3.8...
Amazon reconsiders New York headquarters over local opposition
Amazon.com Inc is reconsidering locating part of its new headquarters in New York because of local opposition, the Washington Post reported on Friday, citing two people familiar with the retailer’s thinking.
The company had not...
Retailers demand action as 16 high street stores close each day
Retailers and unions have called for urgent action from the government to help struggling high streets as new data shows the number of shop closures is rising at the fastest pace since records began...
Nottingham jeweller shuts shop as jewellery retail trade loses its sparkle
Long-established family-run jewellers in Nottingham will be closing down this summer as tough trading conditions have taken the sparkle out of the business.
Kemp Jewellers, which is run by a mother-daughter team, will be shutting...
Retail sales ‘fall sharply’ in March but sector expects to spring back in April
Retail sales made their sharpest drop in 17 months in March, marking a four-month run in which sales have not grown.
The relatively sharp drop of 18% was disappointing for the retail sector but most...
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...
De Beers Launches Origin Collection Across North American Retailers
De Beers Group has officially introduced its polished diamond line, Origin De Beers Group, to physical retail stores throughout North America—marking the collection’s first appearance on showroom floors. The rollout gives shoppers an opportunity...
Tribe Amrapali Enters Sharjah with Craft-Centric Boutique at Bait Elowal
Indian jewellery label Tribe Amrapali has expanded its international footprint with the opening of a new retail presence in Sharjah, UAE, debuting a curated jewellery showcase at Bait Elowal, the culture-led retail destination developed...
Platinum Jewellery Market Shows Strength Despite Precious Metal Price Volatility
The global platinum jewellery market is demonstrating strong resilience despite ongoing volatility in precious metal prices. Supported by substitution trends away from gold and sustained demand in premium segments, platinum continues to gain traction...
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