ALROSA, a global leader in diamond production, reports its Q4 2019 diamond production of 8.8 m carats and sales of 8.2 m carats. Sales of rough and polished diamonds went up to $916 m. Q4 diamond production seasonally declined by 27% q-o-q to 8.8 m cts. A 15% y-o-y reduction was due to lower production […]

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Signet’s UK retail outlets, H.Samuel, and Ernest Jones have both suffered a slump in sales of a little over 11% for the nine weeks ending January 5, 2019. During the key Christmas trading period, sales at H Samuel dropped by 11.8% year-on-year to $84.1m (£64.9m), while turnover at Ernest Jones turnover was down by 11.6% […]

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Retailers across Australia have been anticipating the arrival of e commerce giant Amazon for several months. It now seems apparent that they will be launching as early as October, giving them time to exploit the pre-Christmas sales boom. That’s the view according to new statistics and analysis from investment bank Citi in a recent note […]

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