NRF: US Holiday Sales Set For Record 11.5% Jump
US retail sales continued to grow in November, putting the 2021 holiday season on the home stretch for record spending despite inflation, supply chain disruptions and Covid-19, the National Retail Federation (NRF) said.
“Despite economic...
Cartier and Van Cleef & Arpels drive sales growth for Richemont
Richemont chairman Johann Rupert has described 2018 as a year of transition and consolidation as the group’s audited accounts for the year ending March 31, 2019, were published.
Completing the acquisition of Yoox Net-A-Porter (YNAP)...
Jewellery sales retain shine in Hong Kong
Hong Kong’s jewellery sales in July stayed in positive territory, recording a 16.8 percent increase compared to the same period last year, data from the Census and Statistics Department showed.
Sales value reached HK$7.25 billion...
Amazon to close domestic marketplace business in China
Amazon.com Inc plans to close its domestic marketplace business in China by mid-July, people familiar with the matter told Reuters on Wednesday, focusing efforts on its more lucrative businesses selling overseas goods and cloud...
Gold finally sparkles this Akshaya Tritiya, sales up over 25%
Jewellers reported better footfalls on the auspicious day of Akshaya Tritiya Tuesday with many reporting up to 25 percent sales volume over the previous year.
Lower retail prices of gold and the marriage season boosted...
ALROSA’s New York Auction of Large Rough Diamonds Yields US$ 7.9 Mn
At ALROSA’s auction held in New York from September 17, 2018 to October 5, 2018 of special size rough diamonds (over 10.8 carats), the Company garnered a total revenue of US$ 7.9 million. ...
London’s diamond district encourages consumers to spend ‘Christmas in the Garden’
The Hatton Garden BID will be hosting a series of activities during the Christmas countdown as it continues to help bolster business in the area.
The celebrations begin on Thursday November 22 with a Nomad...
Lucapa introduces Lulo diamonds into Angola’s new diamond marketing system
Lucapa Diamond (ASX:LOM) said it supports the recent diamond sector reforms announced by Angola’s government and that it will sell certain select large premium-value diamonds from its prolific Lulo mine through the country’s new...
Lancaster’s family-owned jewellers fly the flag for technology-enhanced retail
Family-run jewellers in Lancaster have merged their bricks and mortar presences with online platforms and digital solutions in a bid to stay current and relevant for local shoppers.
The city’s jewellery offering, which includes high-end...
Organised jewellery companies may gain from ban on risky deposit schemes
The firms that hope to gain from the ordinance include Kalyan Jewellers, PC Jeweller, Joyalukkas and Senco Gold & Diamonds.
Jewellery firms in the organised sector are hoping to increase their share of jewellery purchase...
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GJEPC Delegation Highlights Urgency of Tariff Relief in Meeting with Shri Shaktikanta Das
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