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Berkshire Hathaway Sales Rise as Stores Reopen
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Retail sales at US conglomerate Berkshire Hathaway rose 4% year on year to $4.21 billion in the third quarter as business resumed following coronavirus-related lockdowns.The company owns Borsheims, Helzberg Diamonds and Ben Bridge Jeweler, but derives around...
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Retail
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Nov 18, 2020
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Rapaport News
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Jewelry Tops List of Mother’s Day Gifts – MVI
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Jewelry was the top gift US moms received this Mother’s Day, with most consumers purchasing online due to store closures, according to a survey by MVI Marketing.Some 57% of husbands who bought their wives a Mother’s Day...
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Retail
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May 18, 2020
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Rapaport News
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Helzberg Debuts ‘Will You?’ Proposal Ring
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Helzberg Diamonds has launched the “Will You?” ring, a $50placeholder for proposing that enables couples to choose an engagement ringtogether at a later stage. Some 73% of men and 63% of women in relationships believemarriage proposals should be a surprise,...
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Retail
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Jun 20, 2018
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Rapaport News
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Buffett’s Conglomerate Sees Slight Retail Drop
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Revenue from the retail division of Warren Buffett’s Berkshire Hathaway slipped0.2% to $15.06 billion last year, the company reported Saturday.The decline in the segment, which includes jewelry chains Borsheims, Helzberg Diamonds and Ben...
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Retail
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Feb 27, 2018
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Rapaport News
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Sales Slip at Buffett-Owned Retail Business
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Berkshire Hathaway’s retail sales declined 1.5% to $3.48billion in the first quarter, mainly due to lower performance at its car dealershipand confectionery businesses.Revenue at Berkshire Hathaway Automotive (BHA) fell 2%,primarily because of a lower number of vehicle sales,...
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Retail
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May 07, 2017
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Rapaport News
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Helzberg Diamonds to Receive DEF Award
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The Diamond Empowerment Fund (DEF) will honor HelzbergDiamonds for its contribution to society, at an award ceremony in Las Vegas laterthis year.The retailer will receive the Diamonds Do Good CorporateLegacy of Philanthropy Award at a gala event on June...
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Retail
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Mar 07, 2017
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Rapaport News
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Charles & Colvard, Helzberg Expand Retail Deal
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Charles & Colvard will double the number of HelzbergDiamonds stores where its moissanite jewelry is available, under an extensionof its arrangement with the Warren Buffett-owned retailer.“Our companies share a common customer, and this expansioninitiative...
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Retail
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Mar 05, 2017
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Rapaport News
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Berkshire Hathaway’s Retail Sales Jump
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Revenue from Berkshire Hathaway’s retail division, includingthree jewelry businesses, grew 14 percent to $15.09 billion last year, thecompany reported over the weekend.Pre-tax earnings for the unit increased 17 percent to $659 millionin 2016, the...
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Retail
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Feb 27, 2017
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Rapaport News
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Acquisitions Spur Buffett’s Retail Growth
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Berkshire Hathaway, the conglomerate chaired by WarrenBuffett, reported retail revenue increased 6 percent to $3.81 billion in thesecond quarter of 2016. Growth was driven by acquisitions of an automotivedealer and a motorcycle gear retailer, while the business unit also...
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Retail
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Aug 11, 2016
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Rapaport News
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Berkshire Hathaway’s Retail Sales Soar in 1Q
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Warren Buffett’s Berkshire Hathaway reported revenue fromits retail business surged in the first quarter off the back of two acquisitionsin the automotive sector last year. The company bought Berkshire Hathaway Automotive, formerlythe...
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Retail
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May 09, 2016
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Rapaport News
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Helzberg Diamonds Wins MarketLive Merchant Award
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MarketLive selected the winners of its annual MarketLive Merchant Awards in honor of the top performing ecommerce websites across the company's customer base. MarketLive recognized winners in three key categories: The Ken Burke Award...
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Technology
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Mar 31, 2014
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Jeff Miller
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U.S., India Approve Trademarks for Diamond Brands, Jewelers
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The U.S. Patent & Trademark Office (USPTO) approved the ''Sparkling Champagne By Helzberg Diamonds'' trademark on March 11 with the registration number 4496288. The trademark was requested on June 3, 2013 by Columbia Insurance Company of Omaha,...
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Financial-Legal
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Mar 14, 2014
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Jeff Miller
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Marketing
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Nov 22, 2013
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Jeff Miller
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Financial-Legal
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Nov 04, 2013
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Jeff Miller
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Marketing
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Aug 02, 2013
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Jeff Miller
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Helzberg Extends Private-Label Agreement With Capital One
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Capital One Financial Corporation and Helzberg Diamonds extended a multi-year agreement for private-label credit cards. The partnership enables Helzberg's customers to have expanded buying power through access to special purchase offers, as well as exclusive benefits and financing options.“We are pleased to extend our relationship with...
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Financial-Legal
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Jul 30, 2013
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Jeff Miller
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Helzberg Creates 'iamloved.com' to Benefit Make-A-Wish
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Helzberg Diamonds created the iamloved.com website to capture love stories and to benefit Make-A-Wish. The website is an extension of Helzberg Diamonds’ commitment to Make-A-Wish, whose mission is changing the lives of children diagnosed with life-threatening medical conditions.“Helzberg...
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Marketing
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Jul 16, 2013
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Jeff Miller
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Helzberg Wins Appy for Proposal Pro App
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Helzberg Diamonds took home two awards for its new smartphone application at the 2013 Appy Awards, an official event during the South by Southwest Conference (SXSW) in Austin, Texas. Helzberg's Proposal Pro™: A Complete Guide...
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Technology
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Mar 19, 2013
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Jeff Miller
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Helzberg, Kay to Open at Fashion Outlets of Chicago
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Retail developers AWE Talisman and Macerich named the anchors and specialty stores set to open at the Fashion Outlets of Chicago on August 1. The new outlet mall sits outside of Chicago, just minutes away from...
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Retail
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Mar 05, 2013
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Jeff Miller
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Helzberg Selects Lucernex to Manage Real Estate Portfolio
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Helzberg Diamonds Inc. selected Lucernex Technologies’ cloud-based Lx Retail solution to manage the jeweler's real estate portfolio, comprised mostly of mall-based locations across 37 states. Lx Retail will replace Helzberg’s legacy lease administration and rent...
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Technology
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May 14, 2012
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Jeff Miller
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