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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
Stornoway
Weakness in Low-Value Stones Hits Stornoway
Stornoway Diamond Corporation’s sales fell in the finalthree months of last year as weakness in the Indian market dented prices oflower-value rough from its Renard mine in Canada. Fourth-quarter proceeds dropped 35% to CAD 32.1 million($24.2...
Mining Jan 20, 2019 Rapaport News
Macy's
Fine Jewelry a Bright Spot for Macy’s
Macy’s noted strong sales of higher-end jewelry during theholiday season, though lower-priced items were weaker. Fine jewelry was one of seven categories the retailerhighlighted for their positive performances during November and December.However,...
Retail Jan 10, 2019 Rapaport News
Jewelry shopping.
Jewelers Upbeat About January Sales
Whoever considered the holiday season over might need tothink again: Many jewelers are seeing just as much business during January asthey witnessed during the Christmas period, if discussions on a popularsocial-media forum are anything...
Retail Jan 09, 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
Jewelry
Jewelry Shines in Upbeat US Holiday Season
Jewelry sales grew 6% this holiday season, in large partdriven by last-minute purchases, according to a Mastercard SpendingPulse surveypublished Tuesday.Total retail sales grew 4.9% during the holiday shoppingperiod between November 1 and December 24, the largest...
Retail Dec 27, 2017 Rapaport News
Cyber Monday
Mobile-Savvy Millennials Drive Cyber Monday Jump
Cyber Monday sales rose to record levels this year, with millennial consumers driving growth through transactions on their mobile devices, according to Adobe Digital Insights. Sales rose 17% to $6.59 billion as at 10 p.m. EST on the...
Retail Nov 30, 2017 Rapaport News
Tiffany nest
Tiffany Collection Puts Eggs in $10K Basket
A ball of yarn for $9,000, a $5,700 water pitcher and a$1,000 tin can are just some of the everyday items Tiffany & Co. is sellingas part of a new home-and-accessories collection.The move is the luxury jeweler’s latest...
Retail Nov 09, 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
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 and Loupe`
Analyst Upbeat on Diamond Market
VTB Capital raised its price target for ALROSA shares as buoyant holiday sales are expected to result in a wave of restocking amongretailers.The investment bank increased its 12-month target to $2.30(RUB 140) from $1.73 (RUB 105),...
Mining Dec 14, 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
jcpenney jewelry
J.C. Penney’s 3Q Revenue +5%, Loss Cut to $137M
J.C. Penney reported that revenue increased 5 per cent to$2.9 million year on year in the third quarter that ended October 31.Same-store sales increased 6 per cent.The company cut its loss by 27 percent to $137 million,according...
Retail Nov 15, 2015 Rapaport News
deloitte
Retail Federation Expects 4% Year-End Sales Increase
The National Retail Federation is projecting that overall sales in November and December could grow 3.7 percent year-on-year to $631 billion, according to data posted on the U.S. trade group’s website.Over the past decade, holiday...
Retail Oct 21, 2015 Rapaport News
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