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Podcast: What’s in Store for the Holidays
With the holiday season well under way, the Rapaport Diamond Podcast debates different trends taking shape in the retail space. The discussion spans personalization, omnichannel, effective storytelling, being more open-minded, and...
Retail Dec 12, 2019 Rapaport News
Singles Day
Alibaba Sees Record Singles’ Day Sales
Singles’ Day has continued to grow as a major onlineshopping occasion in China, with Alibaba Group reporting record sales through itse-commerce sites. The total value of transactions on the Chinese retailgiant’s platforms rose 26% to CNY 268.4...
Retail Nov 12, 2019 Rapaport News
Joyus Secures $24M in New Funding
Joyus, a direct response online video shopping platform, secured $24 million in new financing, led by Marker LLC and Steamboat Ventures, which is a capital firm affiliated with The Walt Disney Company. Current investors, Accel...
Financial-Legal Jun 05, 2015 Jeff Miller
nrf 2
Average Spending on Jewelry for Mother's Day Expected to be $103
Approximately 84 percent of U.S. shoppers celebrate Mother's Day by gifting to a mother, step-mother, wife, sister or others, according to a survey conducted by the National Retail Federation (NRF) and Prosper Insights & Analytics. Of those who do mark the...
Research May 01, 2015 Jeff Miller
nrf 2
NRF Creates Retail Research & Analysis Center
The National Retail Federation (NRF), the largest U.S. organization that represents retailers, invested several million dollars in creating a Retail Research and Analysis Center, which will serve as a hub for economic and consumer...
Research Apr 09, 2015 Jeff Miller
India Jewelry Consumer
India's Online Sales to Surge 40% for Valentine's Week
ASSOCHAM forecast that Valentine's week online sales in India will jump 40 percent year on year to $3.53 billion (INR 220 billion) as consumers have increased spending power and they strive to celebrate the festival with...
Research Feb 12, 2015 Jeff Miller
Valentine's Day heart and jewelry
NRF Survey: U.S. Valentine's Day Jewelry Sales May Improve
With Valentine's Day falling on a Saturday this year, U.S. retailers could see a slight bump up in consumer spending, according to a survey conducted by the National Retail Federation (NRF) and Prosper Insights & Analytics. Nearly 55 percent...
Research Jan 26, 2015 Jeff Miller
Computer Laptop E-Commerce ecommerce e commerce cr
U.S. Online Christmas Season Retail Sales +15% to $48B
U.S. Christmas-season ecommerce spending rose 15 percent to $48.3 billion from November 1 through December 21, according to comScore Inc. The most recent week (December 15 to 21) posted a strong 18 percent rate of growth, representing $5.8 billion...
Retail Dec 23, 2014 Jeff Miller
NRF - Black Friday
NRF: 17% of Christmas Shoppers Purchased Jewelry or Precious Metal Item
Slightly more than 9 percent of U.S. consumers who purchase gifts for the Christmas festival have completed their shopping, according to an updated survey conducted by Prosper Insights & Analytics for the National Retail Federation...
Marketing Dec 17, 2014 Jeff Miller
fashion island
December Jewelry & Accessories Gift Spending to Increase Slightly
With a little more than one week before Christmas gifts are open in the U.S., at least in the traditional sense, IBISWorld anticipates that season-specific gift spending will increase 1.8 percent year on year to $54.79...
Marketing Dec 16, 2014 Jeff Miller
AGS Provides Consumer Tips for Christmas Diamond Purchases
Press Release: The American Gem Society (AGS), a non-profit dedicated to consumer protection and the ongoing education of jewelers, is providing tips for consumers to keep in mind before hitting the stores to make significant diamond and...
Retail Dec 15, 2014 AGS
chow sang sang
Chow Sang Sang Expands Omnichannel Strategy With eShop Revamp
Chow Sang Sang selected hybris software, an SAP company, to create an ecommerce experience that expands the retailer's omnichannel strategy and reaches tech-savvy customers in new ways. Chow Sang Sang's existing "eShop" platform will...
Technology Dec 08, 2014 Jeff Miller
IGT - Artists Impression
IGT Jewelry Shopping Mall Plans New Year Party on Dec. 11
Press Release: The IGT Jewelry Shopping Mall (www.igtny.com), a collection of over 40 of the most prominent and prestigious jewelry boutiques, will host a New Year's party on December 11, between 4 p.m. and 8 p.m., at the center...
Marketing Dec 05, 2014 The Gulaylar Group
PwC Warns Retailers: U.S. Consumers Have Less to Spend on Christmas
Consulting firm PwC expects the U.S. Christmas-shopping season to be characterized by two distinct groups of consumers: the selectionists who represent 33 percent of shoppers and earn more than the median household income of $50,000 per year,...
Retail Oct 08, 2014 Jeff Miller
fashion island
Shullman Research: Affluent Reveal Christmas Jewelry Purchase Intentions
The Shullman Research Center found that 21 percent of U.S. adults who plan Christmas shopping expect to purchase jewelry this year; however, the percentage increases dramatically for the top 41 percent of households, or those earning...
Research Sep 30, 2014 Jeff Miller
IBISWorld Predicts 4% Increase in Mother's Day Jewelry Sales
IBISWorld anticipates that gift spending for Mother's Day in the U.S. will increase 3 percent year on year to $18.1 billion, with the average household spending $156.60 on related purchases. The research firm found that...
Research May 06, 2014 Jeff Miller
pam danziger
Jewelers Need a 'De Beers Home Run' to Attract Millennials
De Beers marked a huge success for the jewelry industry when "Diamonds Are Forever" convinced post-WWII consumers in the U.S. to celebrate an engagement milestone with a diamond. And while this tagline worked very well for...
Marketing Apr 23, 2014 Jeff Miller
Valentine's Day heart and jewelry
NRF Valentine's Day Survey Points to Lower Jewelry Sales at $4B
The National Retail Federation (NRF) determined that U.S. consumers are not ready to splurge as much on jewelry for Valentine's Day 2014 as they did one year ago. The NRF estimated that total spending...
Research Feb 04, 2014 Jeff Miller
NRF - Black Friday
Retail Sales -3% in Week Leading Up to Christmas
In-store retail sales fell 3.1 percent year on year for the week that ended on December 22 and foot traffic plunged 21.2 percent, according to ShopperTrak. “Bad weather throughout the country kept some shoppers...
Research Dec 24, 2013 Jeff Miller
U.S. Chain-Store Sales +3%
U.S. chain-store sales rose 2.7 percent year on year for the week that ended on December 21, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs. Week-to-week comparable-store sales improved 1.4...
Research Dec 24, 2013 Jeff Miller
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