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Alrosa Jubilee mine
Revenue and Profit Decline for Alrosa
Alrosa’s revenue and profit fell in 2017, due to a shift to lower-value rough-diamond sales, and a weaker dollar. Revenue for the year declined 14% to $4.68 billion (RUB269.71 billion), while profit slipped 41% to $1.36 billion...
Mining Mar 18, 2018 Rapaport News
US, Asia Weakness Dents Pandora Sales 150
US, Asia Weakness Dents Pandora Sales
Pandora sales lagged behind expectations in 2017, as the jewelernoted a decrease in traffic to its stores in Asia and difficult US market conditions.Revenue rose 12% to $3.74 billion (DKK 22.78 billion) for the year, shy of the $3.78...
Retail Feb 08, 2018 Rapaport News
Rapaport Diamond Industry Stock Tracker
US retail stocks weakened this past week, with Macy’s (-9.7%) and Movado Group (-8.3%) recording the heaviest slides as Amazon’s continued dominance extended the low morale in the brick-and-mortar sector. Indian stocks slipped, led by Lypsa Gems (-18%), as investors feared the impact of the new...
Financial-Legal Jul 13, 2017 Rapaport News
Industry Stock Ticker Stock Image
Rapaport Diamond Industry Stock Tracker
Firestone Diamonds (+17%) led mining stocks after the rough producer discovered the largest diamond to date at its Liqhobong mine. In the U.S., retail stocks had a disappointinf week amid continued reports of store closures...
Financial-Legal Apr 06, 2017 Rapaport News
Industry Stock Ticker Stock Image
Miners, Retail Stocks in Rapaport’s Global Tracker Lag in 2015
Global diamond, jewelry and retail stocks underperformed thisyear as 76 percent of the listed companies tracked by the Rapaport DiamondIndustry Stock Tracker declined in 2015.Out of 50stocks followed by Rapaport News, 38fell between January 2 and 11 a.m. GMT...
Financial-Legal Dec 31, 2015 Rapaport News
Industry Stock Ticker Stock Image
Rapaport Diamond Industry Stock Tracker
Miner Anglo American fell 16.5% after it announced a major cost-cuttingoverhaul. Stellar Diamonds, anotherUK-listed miner, dropped 17.4%. Mining stocks were led by True North Gems (+6.5%)after it commenced mining at its Greenland project, but Rockwell...
Financial-Legal Dec 10, 2015 Rapaport News
Industry Stock Ticker Stock Image
Rapaport Diamond Industry Stock Tracker
Miner Anglo American fell 16.5% after it announced a major cost-cuttingoverhaul. Stellar Diamonds, anotherUK-listed miner, dropped 17.4%. Mining stocks were led by True North Gems (+6.5%)after it commenced mining at its Greenland project, but Rockwell...
Financial-Legal Dec 03, 2015 Rapaport News
Industry Stock Ticker Stock Image
Rapaport Diamond Industry Stock Tracker
Industry-related stocks were broadly down over the past week. U.S. retailers fell, led by Birks Group (-16%) and Nordstrom (-10%). Chinese jewelry retailer shares followed declines in the local Hang Seng index,...
Financial-Legal Nov 19, 2015 Rapaport News
bulgari lvmh
LVMH's Jewelry Division Operating Profit +91% to $227M
LVMH reported that revenue rose 19 percent year on year to $18.5 billion (EUR 16.71 billion) in the first half of 2015. However, organic growth, based on a comparable structure and constant-exchange rates, rose only 6 percent, meaning...
Financial-Legal Jul 28, 2015 Rapaport News
Ekati Mine
Dominion Diamond's Full-Year Sales Jump 22%
Dominion Diamond Corporation reported that its sales rose 3.2 percent year on year to $240.6 million in the fourth quarter that ended on January 31. Cost of sales dropped 10.9 percent to $179.8 million, driving up gross...
Financial-Legal Apr 09, 2015 Jeff Miller
pandora
Pandora's 4Q Profit +36%, Ring Sales Double
Pandora reported that revenue rose 40.4 percent year on year to $607 million (DKK 3.961 billion) in the fourth quarter that ended on December 31. Gross margin as a percentage of sales improved to 71.6 percent compared with...
Financial-Legal Feb 17, 2015 Jeff Miller
Asian Star
Asian Star's 3Q Profit +26%
Asian Star reported that revenue (net of excise duty) fell 7.5 percent year on year to $79.4 million (INR 4.944 billion) in the third fiscal quarter that ended on December 31. Company expenses were reduced...
Financial-Legal Feb 10, 2015 Jeff Miller
shopping app
Blue Nile's Christmas Quarter and Fiscal Year Profit Drops
Blue Nile Inc.'s revenue rose 7.9 percent to $157.5 million in the fiscal fourth quarter that ended on January 4 and included one additional week. Sales for that extra week accounted for $5.9 million...
Financial-Legal Feb 10, 2015 Jeff Miller
Ekati Mine
Dominion Diamond Records 3Q Profit of $34M
Dominion Diamond Corporation reported that production, sales and profit were all stronger than expected during the third quarter that ended on October 31. Profit rose to $33.6 million compared with a loss of $6.5...
Financial-Legal Dec 12, 2014 Jeff Miller
christmas book
Neiman Marcus Group Revenue +4%, Acquires Luxury Retailer Theresa
Neiman Marcus Group Ltd. reported that sales increased 4.2 percent year on year to $4.84 billion for the fiscal year that ended on August 2. Same-store sales at the group's specialty retail stores rose 3.4...
Retail Oct 01, 2014 Jeff Miller
Petra's Two Finsch Diamonds
Petra Diamonds' Profit Jumps to $68M
Petra Diamonds' revenue increased 20.2 percent year on year to $471.8 million for the fiscal year that ended on June 30. Group profit jumped to $67.5 million compared with $27.9 million one year earlier....
Mining Sep 18, 2014 Jeff Miller
kay
Signet's 2Q Sales +39%, Profit -14% to $58M
Signet Jewelers reported that sales rose 39.3 percent year on year to $1.23 billion during the second quarter that ended on August 2, which was the first reporting cycle following the acquisition of Zale Corporation...
Financial-Legal Aug 28, 2014 Jeff Miller
tiffany store
Tiffany & Co.'s Sales +7%, Profit +16% to $124M
Tiffany & Co. reported that revenue rose 7.2 percent year on year to $992.93 million in the second fiscal quarter that ended on July 31. Same-store sales increased 3 percent. The jeweler held cost of sales...
Financial-Legal Aug 27, 2014 Jeff Miller
pandora
Pandora's 2Q Revenue +32%, Profit +54%
Pandora Jewelry reported that its revenue increased 31.7 percent year on year to $456 million (DKK 2.544 billion) in the second quarter that ended on June 30. Gross margin as a percentage of sales improved to 70.7 percent...
Financial-Legal Aug 13, 2014 Nirali Sheth
blue nile diamonds
Blue Nile's 2Q Sales -1%, Profit -2% to $2M
Online diamond retailer Blue Nile's sales declined 1.3 percent year on year to $106.6 million for the second quarter that ended on June 29. The company's cost of sales fell 1.7 percent to $86.4 million....
Financial-Legal Aug 05, 2014 Jeff Miller
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