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Kay Jewelers Signet
Signet Sees Surge in Holiday E-Commerce Sales
Signet Jewelers reported a positive holiday season as soaring online sales helped compensate for the pandemic’s adverse impact on store traffic.Revenue was flat year on year at $1.8 billion for the nine weeks ending January...
Retail Jan 14, 2021 Rapaport News
Tiffany 2020 holiday campaign jewelry
Tiffany Holiday Sales Reach All-Time High
Sales at Tiffany & Co. rose 2% during the holiday season as the US jeweler benefited from sharp growth in China and a surge in online demand.Revenue in the Asia-Pacific region jumped 20% year on year in November and December,...
Retail Jan 06, 2021 Rapaport News
De Beers Industry Services grading Surat
India Rushes to Meet US Holiday Demand
Indian diamond manufacturers are planning a curtailed Diwali break as they scramble to fulfill US holiday orders amid a shortage of polished.Factories will shut for five to 12 days instead of the usual two to three weeks, aiming to offset months...
Manufacturing Oct 22, 2020 Joshua Freedman
Signet Raises Forecast Following Strong Holiday
Sales at Signet Jewelers increased during the holiday season, prompting the retailer to raise its full-year outlook.Same-store sales — at branches open for at least a year — increased 1.6% for the nine weeks ending January 4, while...
Retail Jan 16, 2020 Rapaport News
JCPenney jewelry rebrand 2017
J.C. Penney Expects Strong Holiday for Jewelry
J.C. Penney’s comparable jewelry sales grew in the thirdfiscal quarter, prompting management to predict a furtherincrease for the holiday shopping period.“We had a strong third quarter of positive comps [comparable sales] from finejewelry, and we expect...
Retail Nov 13, 2017 Rapaport News
Shopping Mall
Ease of Shopping Mass Retailers Holds an Edge Over Online Stores
As Thanksgiving week fast approaches -- beginning the most important time of the year for U.S. retail -- physical and online stores have readied their channel strategies to attract the consumer wallet, but there are...
Research Nov 19, 2014 Jeff Miller
NRF: 24% of U.S. Gift Shoppers Plan to Buy Jewelry or Precious Metal Item
The National Retail Federation (NRF) determined that 24 percent of U.S. consumers who buy gifts for the Christmas season intend to purchase jewelry or a precious metal accessory this year, according to Prosper Insights & Analytics...
Research Nov 13, 2014 Jeff Miller
Affluent Consumers Signal Trouble for Christmas Sales
The Luxury Consumption Index (LCI), a propriety survey of the top 20 percent of wealthy U.S. households, plummeted to 46.4 points in October -- the lowest level since the great recession, according to Unity Marketing. And with such...
Research Nov 06, 2014 Jeff Miller
Wealthy View Jewelry, Watches as 'Earned Asset'
The Survey of Affluence and Wealth, published by Time Inc. and YouGov, revealed that the jewelry and watch category made the top five gift list for Christmas season 2014 as 30 percent of affluents selected...
Research Nov 05, 2014 Jeff Miller
NRF - Black Friday
NRF's Intentions Survey Finds 25% Desire Jewelry or Precious Metals Gift
U.S. consumers who purchase gifts during the 2014 Christmas season anticipate spending an average of $596.53, according to the National Retail Federation's (NRF) annual holiday intentions survey. The anticipated figure represented an increase of 6.9...
Research Oct 20, 2014 Jeff Miller
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
Harry Winston Store
U.S. Jewelry Store Sales +11% to $3B
U.S. jewelry store sales jumped 11.2 percent year on year in November to $3.008 billion, according to the latest government calculations. Meanwhile, the U.S. consumer price index (CPI) for jewelry during the month was...
Research Jan 14, 2014 Jeff Miller
tiffany store
Tiffany & Co.'s Christmas Sales +4% to $1B
Tiffany & Co. reported that sales increased 4 percent year on year to $1.03 billion during the Christmas season, which included the months of November and December. Comparable-store sales rose 6 percent. Revenue from stores...
Financial-Legal Jan 10, 2014 Jeff Miller
Zales Store
Zale's Christmas Season Sales -2% to $556M
Zale Corporation reported that revenue fell 1.9 percent year on year to $556 million for the Christmas season, which included the months of November and December. However, same-store sales rose 0.7 percent and...
Financial-Legal Jan 10, 2014 Jeff Miller
U.S. Chain-Store Sales +3%
U.S. chain-store sales rose 3 percent year on year for the week that ended on December 28, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs. Week-to-week comparable-store sales improved 1 percent as consumers...
Research Dec 31, 2013 Jeff Miller
comScore sm
Online Christmas Retail Sales Growth Fails to Meet Expectations
According to comScore Inc., the final week for online Christmas shopping missed its mark. For the period of November 1 through December 22, comScore determined that seasonal retail sales rose 10 percent year on year...
Retail Dec 26, 2013 Jeff Miller
Computer Laptop E-Commerce ecommerce e commerce cr
Standard Shipping Deadlines Fast Approach for U.S. Retailers
With less than one week before Christmas Day, 84.2 percent of U.S. retailers will expire their standard shipping deadline for guaranteed Christmas delivery prior to December 20 and 74.2 percent expect free standard...
Marketing Dec 18, 2013 Jeff Miller
NRF - Black Friday
Retailers Predict a Surge in Seasonal Fraudulent Returns
The National Retail Federation (NRF) estimated that fraudulent merchandise returns at the nation's retailers in 2013 will decline slightly, by just 0.6 percent year on year, to $8.76 billion. However, fraudulent returns for the Christmas...
Financial-Legal Dec 06, 2013 Jeff Miller
NRF - Black Friday
U.S. Consumers Plan Reduced Spending for Christmas
The National Retail Federation (NRF) released its annual Christmas-season consumer survey, which revealed that 91.7 percent of U.S. consumers celebrate a fourth-quarter holiday, with 94.8 percent celebrating Christmas, while 6.5 percent celebrate...
Research Oct 16, 2013 Jeff Miller
Deloitte Forecasts U.S. Christmas Retail Sales to Top 4%
Deloitte's retail and distribution practice expects U.S. Christmas-season retail sales to increase between 4 percent and 4.5 percent year on year in the range of $963 billion to $967 billion. The consulting firm defined the shopping...
Research Sep 23, 2013 Jeff Miller
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