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Tiffany
Podcast: Good Holiday, Bad Holiday
The first Rapaport Diamond Podcast Short looks at theholiday season just gone, following a mixed bag of sales results from themajors.Signet Jewelers and Tiffany & Co. both reported a dropin revenues for the crucial...
Retail Jan 22, 2019 Rapaport News
Holiday diamond
Now’s Too Late to Start Courting Retailers
Will the holiday season bring joy to wholesalers andmanufacturers? Traditionally, the industry looks to the fourth quarter to turna profit, but some are taking a longer view in hopes of making the holidayspart of a 12-month business.“All barometers...
Retail Nov 26, 2018 Joyce Kauf
Tiffany Holiday Sales Rise 8%
Tiffany Restores Growth in Strong Holiday Season
Tiffany & Co’s sales jumped 8% during the holidayseason amid a sharp improvement in US demand and a recovery in Asian markets,the luxury jeweler reported. Group sales grew to $1.05 billion during November andDecember, with comparable-store sales...
Retail Jan 17, 2018 Rapaport News
Signet 150
Signet Holiday Sales Disappoint
Signet Jewelers’ holiday sales fell 3% as issues relating to outsourcing its credit transactions adversely impacted the business. Signet in October sold its prime credit program to Alliance Data Systems for $960 million, meaning that...
Retail Jan 10, 2018 Rapaport News
Holiday shopping retail
Retail Enjoying Impressive Season
US retail sales have increased so far this holiday season, as an improving job market has spurred consumer confidence, according to surveys by government and private-sector organizations. Sales across all retail categories grew 6.3% year on year...
Retail Dec 17, 2017 Rapaport News
Black Friday shopping
Online Sales Surge on Black Friday
Online spending hit record levels on Black Friday, whilerobust sales at brick-and-mortar retailers indicated the shopping bonanza’straditional side is not dead yet. US e-commerce sales jumped 17% to $5.03 billion on Friday,according to Adobe Digital Insights, a data...
Retail Nov 26, 2017 Rapaport News
Real is a Diamond image Nov 2017
New Diamond Ads Refocus on Love Moments
The Diamond Producers Association (DPA) has shifted to shortervideo advertisements for the holiday season as it aims to market diamonds bycapturing precious moments in couples’ relationships.Rather than telling more involved stories, as the DPA’sinitial videos did,...
Marketing Nov 20, 2017 Rapaport News
JCPenney jewelry rebrand 2017
J.C. Penney Expects Strong Holiday for Jewelry
J.C. Penney’s comparable jewelry sales grew in the thirdfiscal quarter, prompting management to predict a furtherincrease for the holiday shopping period.“We had a strong third quarter of positive comps [comparable sales] from finejewelry, and we expect...
Retail Nov 13, 2017 Rapaport News
Tiffany
Tiffany Unveils New York Pop-Up Stores
Tiffany & Co will open small-scale stores in two key NewYork locations in time for the holiday season, as the luxury jeweler targets tourists to boost lagging sales. The concept stores will open in RockefellerCenter and...
Retail Oct 30, 2017 Rapaport News
Tiffany - must attribute to Newscast
Trump Protests Disrupt Tiffany Holiday Sales
Tiffany & Co reported holiday sales declined 4 percent to $483million in the Americas amid weaker consumer spending and protests outsidethe jeweler’s flagship New York store.Comparable-store sales also fell 4 percent in the Americas during the...
Retail Jan 17, 2017 Rapaport News
Shopping Mall
NRF Reports Some Holiday Cheer
Holiday retail sales rose 4 percent driven by anaccelerated economic recovery even as certain large chain stores reported lowertraffic, according to separate reports from the National Retail Federation (NRF) andMasterCard.The NRF said total U.S....
Retail Jan 16, 2017 Rapaport News
Birks Group Vancouver store
Birks Holiday Sales Defy U.S. Jewelry Dip
Birks Group reported comparable-store sales grew 11 percent in a record holiday season for the retailer as the average spend per shopper rose and agreater proportion of store visits translated into purchases.Comparable-store sales jumped 16 percent...
Retail Jan 15, 2017 Rapaport News
Rough Diamonds
Bain Warns of Looming Rough Bubble
Strong growth in rough diamond sales this year may lead to arepeat of last year’s damaging inventory pile-up if consumer demand does notimprove, Bain & Company warned.Rough sales grew 20 percent in the first half of this...
Rough Markets Dec 06, 2016 Rapaport News
Black Friday shopping
In-Store Holiday Sales Decline as Online Grows
Sales and foot traffic at physical stores in the U.S. fellover the Thanksgiving and Black Friday weekend as more retail business movedonline, according to the latest figures.U.S. store sales declined 4.2 percent and traffic...
Retail Dec 01, 2016 Rapaport News
Shopper
Black Friday Sales Gain from Thanksgiving Closures
Consumer foot traffic was flat on Black Friday halting the downtrend seen in previous years as more retailersstayed shut on Thanksgiving.While U.S. stores have opened in the past on theThanksgiving holiday, doing so took business away from...
Retail Nov 28, 2016 Rapaport News
Kay
Diamond Retailers Cutting Prices for Cyber Week
Retailers in the U.S. and Asia are offering deepdiscounts on jewelry for Cyber Week to lure early-bird holiday shoppers viatheir ecommerce sites.Cyber Week, together with Black Friday, is theall-important curtain raiser to the U.S. holiday...
Retail Nov 28, 2016 Rapaport News
Black Friday Walmart
Cyber Growth Pushes Cyber Monday to Cyber Week
Retailers are promoting the days immediately afterThanksgiving as ‘Cyber Week’ as the key online shopping day has ballooned intoan extended retail bonanza.While in previous years Black Friday and Cyber Monday each lasted24 hours,...
Retail Nov 24, 2016 Rapaport News
Rough loupe
Analyst Warns of Rough Price Pressure
New diamond mines may force rough prices down next year becauseof increased supply, according to Panmure Gordon.Three mines in Canada will enter the rough market early nextyear: Firestone Diamonds’ Liqhobong mine, Stornoway...
Mining Nov 21, 2016 Rapaport News
Macys
Holiday Sales to Gain From Post-Election Certainty
U.S. holiday season forecasts for retail improved as increasedcertainty after the presidential elections is expected to bolster sales. Commentatorshave, however, warned about the extent of any potential upturn.“Having certainty on that [elections being over] is probablya...
Retail Nov 15, 2016 Rapaport News
Candles
Diwali Jewelry Sales Rise on Lower Gold Prices
Jewelrysales in India improved during the Diwali festival as lower gold prices helpedrelease months of pent-up demand.Retail activity increased year on year during the period which includesDhanteras on October 28, a gold-buying festival, and Diwali on October...
Retail Nov 08, 2016 Rapaport News
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