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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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Retail Sales Slide at Berkshire Hathaway
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Revenue from the retail division of Warren Buffett’s Berkshire Hathaway fell 16% to $3.37 billion in the second quarter, the company reported Saturday.The division, which includes jewelry chains Borsheims, Helzberg Diamonds and Ben...
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Retail
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Aug 09, 2020
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Rapaport News
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US Jewelry Stores Begin Reopening
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US jewelers have restarted business in many states following a more than two-month shutdown to stem the spread of Covid-19.Signet banner Kay Jewelers has opened nearly 120 stores across the country, while business has resumed...
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Retail
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May 26, 2020
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Rapaport News
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Borsheims Names New Marketing Manager
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Borsheims has promoted Jaci Stuifbergen to marketing manager. She will oversee the company’s marketing strategies, programs and campaigns.Stuifbergen, who started at the Berkshire Hathaway-owned business in 2012, was promoted to senior marketing and event...
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Retail
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Mar 01, 2020
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Rapaport News
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Retail Sales Rise at Berkshire Hathaway
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Revenue from the retail division of Warren Buffett’s Berkshire Hathaway rose 2.5% to $16 billion in 2019, the company reported Saturday.The increase for the segment, which includes jewelry chains Borsheims, Helzberg Diamonds and...
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Retail
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Feb 24, 2020
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Rapaport News
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Borsheims Selling Luxury Jewelry Experiences
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Borsheims is offering jewelry- and diamond-related luxury adventuresthrough its holiday catalog this year, catering to millennials’ desire for transparencyand experiences. The jeweler — owned by Warren Buffett’s Berkshire Hathawayconglomerate — is selling a number of trips revolving around...
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Retail
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Nov 06, 2019
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Rapaport News
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Retail Sales Rise at Buffett-Owned Conglomerate
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Revenue from the retail division of Berkshire Hathawayincreased 5% to $4.04 billion in the third quarter, the company reportedSaturday. The improvement in the division, which includes jewelrychains Borsheims, Helzberg Diamonds and Ben Bridge Jeweler, was...
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Retail
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Nov 04, 2019
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Rapaport News
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Retail Sales Rise at Berkshire Hathaway
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Revenue from the retail division of Warren Buffett’sBerkshire Hathaway increased 2.5% to $4.03 billion in the second quarter, thecompany reported Saturday. The improvement in the division, which includes jewelrychains Borsheims, Helzberg Diamonds and Ben...
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Retail
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Aug 05, 2019
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Rapaport News
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Roberto Coin Jade Line Pulled from Macy’s
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Macy’s has removed a collection of Roberto Coin black-jadejewelry from its shelves following allegations the line bears unlawful gemcertification. Natural-stone supplier Kings Stone, which made the claimsthat prompted Macy’s move in April, filed...
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Financial-Legal
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Dec 31, 2018
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Leah Meirovich
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Berkshire Hathaway Sees Retail Jump
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Revenue from the retail division of Warren Buffett’sBerkshire Hathaway increased 5% to $3.93 billion in the second quarter, thecompany reported Saturday. The improvement in the division, which includes jewelrychains Borsheims, Helzberg Diamonds and Ben Bridge...
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Retail
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Aug 05, 2018
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Rapaport News
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Buffett Store to Sell World’s Largest Pink Synthetic
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A synthetics manufacturer has partnered with WarrenBuffett-owned jewelry retailer Borsheims to unveil what it claimed was thelargest pink lab-grown diamond in the world. ALTR Created Diamonds unveiled the Asscher-cut, 3.99-carat,fancy orangey-pink, VS2-clarity stone last...
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Polished Markets
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May 08, 2018
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Rapaport News
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Retail Sales Rise at Buffett’s Berkshire Hathaway
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Revenue from the retail division of Warren Buffett’sBerkshire Hathaway increased 5% to $3.64 billion in the first quarter, thecompany reported Saturday. The improvement in the segment, which includes jewelrychains Borsheims, Helzberg Diamonds and Ben Bridge...
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Retail
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May 07, 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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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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Berkshire Hathaway’s Retail Revenue Jumps in 2015
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Berkshire Hathaway reported retail revenue increased byabout $8.8 billion in 2015 on the back of acquisitions of the Van TuylGroup (now Berkshire Hathaway Automotive) and Detlev Louis Motorrad. The two businessestogether contributed $8.3 billion...
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Retail
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Feb 28, 2016
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Rapaport News
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Berkshire Hathaway's 3Q Retail Revenue +5%
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Berkshire Hathaway reported that revenue from its retail division increased by $48 million, or 5 percent year on year, in the third quarter that ended on September 30, 2014. The division, which includes Ben Bridge Jeweler,...
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Retail
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Nov 09, 2014
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Avi Krawitz
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Berkshire Hathaway’s Retail Revenue +15% in 2013
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Berkshire Hathaway reported that revenue from its retail division grew 15 percent year on year to $4.29 billion in 2013. Pre-tax earnings at the division, which includes Ben Bridge Jeweler, Borsheims Fine Jewelry, Helzberg Diamonds,...
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Retail
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Mar 03, 2014
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Ronen Shnidman
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