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Hong Kong
Jewelry Sales Up in China and Hong Kong
Sales of jewelry and other luxury items climbed in greater Chinain May, driven by improved consumer sentiment and a higher rate of tourism toHong Kong, according to government sources. In China, retail sales of gold, silver and jewelry...
Retail Jul 03, 2018 Rapaport News
nrf big show
NRF Predicts U.S. Holiday Sales to Rise
U.S. sales in the upcoming holiday season will increase amid an improvement in jobs and income and stronger consumer sentiment, the National Retail Federation (NRF) forecast.Revenue is expected to rise 3.6 percent to $655.8 billion year...
Retail Oct 10, 2016 Rapaport News
US Flag
U.S. Jewelry and Watch Sales Grow in May
U.S. jewelry and watch sales from all retail outletsincreased 4.2 percent to an estimated $7.17 billion in May, according toprovisional government figures. May was the 13th consecutive month ofyear-on-year growth.Jewelry sales advanced 4.1...
Retail Jun 30, 2016 Rapaport News
Laurence and Francois Graff
Graff Diamonds’ Profit Slumps 74% in 2015
Graff Diamonds Limited, the U.K. subsidiary of Graff Diamonds Holdings, reported sales slid and profit nosedived last yearas tougher market conditions in the global gem industry hit the high-endLondon-based jeweler.Revenue fell 32 percent...
Retail May 24, 2016 Rapaport News
Pandora Raises Expectations after Strong 1Q
Pandora increased itsrevenue guidance for the year as sales surged in the first quarter off the backof strength in Europe and Asia Pacific Revenue in the three months to March 31 jumped 34 percent to$724.7 million and...
Retail May 10, 2016 Rapaport News
U.S. Jewelry and Watch Sales Increase Again in February
U.S. jewelry and watch sales from all retail outlets rose4.5 percent to an estimated $6.17 billion in February, according to provisionaldata from the government released March 28.The sector’stotal for January was revised, as is often the...
Retail Mar 29, 2016 Rapaport News
chow sang sang
Chow Sang Sang’s 2015 Sales Dip on Low Hong Kong Spending
Chow Sang Sang reported revenue dipped 1 percent in 2015 as strongerresults from mainland China countered a drop in spending by visitors to HongKong amid an economic slowdown.Group revenuefell to $2.46 billion (HKD 19.07 billion) as jewelry sales in Hong Kong...
Retail Mar 23, 2016 Rapaport News
tiffany store
Tiffany’s 2015 Sales -3% on Strong Dollar
Tiffany & Co. missed its own revenue forecast in 2015 asa strong dollar affected translation of non-U.S. sales into the greenback andhit foreign tourist spending in American markets. Macro-economic “challengesand uncertainties” also had...
Retail Mar 20, 2016 Rapaport News
Signet Jewelers
Signet’s Same-Store Sales +5% in 4Q
Signet Jewelers' same-store sales increased 4.9 percent in thefourth quarter that ended January 30, according to preliminary results releasedFebruary 29.The improvement is withinthe diamond jewelry retailer’s guidance of 4.6 to 5 percent same-stores salesgrowth and comes...
Retail Feb 29, 2016 Rapaport News
Gitanjali’s 3Q Revenue, Profit Dip on 20% Drop in Diamond Sales
India-based Gitanjali Gems reported revenue declined 1.5 percent yearon year to $499 million (INR 34 billion) in the third quarter that endedDecember 31 as a slump in diamond sales outweighed an increase in jewelryrevenue.The company sold diamonds worth $120.1...
Retail Feb 14, 2016 Rapaport News
Tara Jewellers
India’s Tara Jewels Reports 13% Sales Rise in 3Q
India-based Tara Jewels reported sales increased13 percent year on year to $83.6 million (INR 5.69 billion) in the thirdquarter that ended December 31. Net profit for the period advanced 2.9 percent to$2.4 million.Sales...
Retail Feb 14, 2016 Rapaport News
Titan Company
Titan’s 3Q Revenue +17% on Stronger Festive Sales
India-basedjeweler Titan Company reported revenue increased 17 percent year on year to$504.6 million (INR 34.26 billion) in the third quarter that ended December 31as retail sales improved during the festive season.The strong result...
Retail Jan 31, 2016 Rapaport News
Tiffany Logo
Tiffany’s Holiday Sales -6% on Strong Dollar, Lower Tourist Spending
Tiffany & Co. reported global sales in thetwo months to December 31 dropped 6 percent year on year to $961 million as astronger U.S. dollar coupled with weaker tourist spending hit revenue. Thejeweler cut its guidance for...
Retail Jan 19, 2016 Rapaport News
Richemont’s 3Q Sales -4% Ex-Currency as Jewelry Outperforms Watches
Richemont reported revenue – measured at constantexchange rates – declined 4 percent year on year in the third quarter thatended December 31 even as jewelry sales grew in most regions and productcategories. Demand for watches was weak.The slowdownreflected weaker...
Retail Jan 14, 2016 Rapaport News
Chow Tai Fook
Chow Tai Fook 3Q Sales -11% amid Hong Kong Slump
Chow Tai Fook reported group retail sales dropped 11percent year on year in the third quarter that ended December 31 as fewertourists from mainland China visited Hong Kong and on account of weaker localretail sentiment in Hong...
Retail Jan 10, 2016 Rapaport News
NRF Lowers U.S. Retail Sales Growth Projection for 2015
The National Retail Federation (NRF) lowered the outlook for U.S. retail sales from an earlier forecast growth of 4.1 percent to 3.5 percent, citing unexpectedly slow growth during the first half of the year....
Research Jul 22, 2015 Jeff Miller
U.S. May Jewelry Store Sales Decline 4% to $3B
U.S. specialty jewelry store sales fell 4.4 percent year on year to $2.703 billion in May, according to the latest government calculations. The decline was noticeable considering that preliminary sales of jewelry and watches across...
Research Jul 14, 2015 Jeff Miller
U.S. Jewelry Store Sales -2% to $2B
U.S. specialty jewelry store sales fell 2.4 percent year on year to $2.221 billion in April, according to government calculations. The decline at specialty stores was more pronounced than for the sector as a whole, as jewelry and...
Research Jun 11, 2015 Jeff Miller
brown & co.
U.S. February Jewelry Store Sales -5% to $3B
U.S. specialty jewelry store sales fell 5.4 percent year on year to $2.72 billion in February, according to government calculations. The sales decline was much more severe than the preliminary totals anticipated for jewelry...
Research Apr 14, 2015 Jeff Miller
Harry Winston Store
U.S. Jewelry Store Sales -7% in November
U.S. specialty jewelry store sales fell 7.1 percent year on year to $2.734 billion in November -- the latest sign that jewelers in the U.S. have been facing economic headwinds. Furthermore, the sales figures from...
Research Jan 14, 2015 Jeff Miller
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