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Deloitte: Online to Overtake In-Store on Black Friday
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Online US retail sales will surpass in-store purchases on Black Friday for the first time as shoppers look to avoid crowds, according to a survey from Deloitte.Some 74% of respondents intend to go fully digital over the Thursday-to-Monday Thanksgiving...
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Retail
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Nov 25, 2020
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Rapaport News
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Deloitte: Jewelry Ranks Low on Consumer Wish List
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US consumers ranked jewelry low on their list of gifts to buy and receive from loved ones, as many plan to curb their spending this holiday season amid strong concerns about economic stability.The category was the...
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Retail
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Oct 25, 2020
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Rapaport News
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Deloitte Predicts Rise in US Holiday Sales
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US retail sales are forecast to increase by up to 1.5% this holiday season, despite uncertain consumer sentiment and a jump in the unemployment rate, Deloitte said Tuesday.The consulting firm expects overall holiday retail sales to rise 1% to 1.5%...
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Retail
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Sep 16, 2020
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Rapaport News
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Deloitte Predicts Uplift in Holiday Sales
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US retail sales are forecast toincrease by up to 5% this holiday season, while e-commerce spending could jumpby 18%, Deloitte said Tuesday. The predictions, initially outlined in the consultingfirm’s annual holiday retail forecast, published last month,...
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Retail
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Oct 24, 2019
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Rapaport News
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Lenders to Acquire Stornoway
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Stornoway Diamond Corporation’s major lenders have agreed to take over the company amid mounting debts that prompted the miner to file for protection from creditors.The owner of the Renard mine in Quebec is seeking torestructure...
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Mining
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Sep 10, 2019
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Rapaport News
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DiamondCorp Insolvency Hinges on Wage Deal
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DiamondCorp warned it will likely enter insolvency proceedings unless an agreement is reached over retrenchment and payment of outstanding wages in relation to its Lace Mine in South Africa.The company therefore announced a share sale to fund the care...
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Mining
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Jan 15, 2017
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Rapaport News
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DiamondCorp Battles to Save Lace Mine
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A business rescue practitioner has begun talks with stakeholders in the Lace Diamond Mine (LDM) as parent company DiamondCorp continues to assess the financial viability of the troubled South African operation. Daniel Terblanche, the appointed...
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Mining
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Nov 30, 2016
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Rapaport News
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Swiss Watch Exports Slump in March
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Swiss watch exports plunged 16 percent in March as orders from Hong Kong and the U.S. slumped, evoking memories of the financial crisis amid a widening threat from smartwatches. “The deterioration in Swiss watch exports since...
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Watches
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Apr 24, 2016
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Rapaport News
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Retail
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Sep 24, 2014
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Jeff Miller
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