National Retail Federations Predicts Holiday Spending Will Be up This Year
The National Retail Federation (NRF) has released its predictions for consumer spending this holiday season, and they’re fairly rosy.
In a survey conducted by Prosper Insights & Analytics for the NRF, consumers said they will...
Over Half of Brits Plan to Splash The Cash on Black Friday
Global e-commerce events Black Friday and Cyber Monday are predicted to attract over half of British consumers when they get underway on November 24.
New research from Barclaycard has found that while 22% of potential...
Henryka Unveils Transformed Boutique Following Branding Overhaul
Fast-growing silver and natural gemstone jewellery brand Henryka has transformed the interior and exterior of its own-brand boutique in Hereford to accommodate its new brand identity.
Unveiled earlier this year, Henryka refreshed its brand strategy...
Nordstrom Opens 5 New Rack Stores to Counter Off-Price Slowdown
The financial success of Nordstrom’s off-price Nordstrom Rack stores has offset the company’s shrinking sales in its full-price locations for years.
But competition in the discount fashion retail category has intensified since the Great Recession—and...
Tiffany Opening Two Pop-up Stores in New York City
Tiffany & Co. is opening two pop-up boutiques, concept stores that will last only 18 months, in New York City.
The new stores will offer a “curated section of jewelry and its new home and...
Signet Completes Sale of Its Prime Credit Accounts
Signet Jewelers announced it has completed the first phase of the outsourcing of its in-house credit program.
The first phase, announced last year in response to analyst concerns about its credit book, has three prongs:
–...
Bon-Ton Sees Vendor Pullback, Report Says
Vendors of Bon-Ton Stores are pulling back on shipments, similar to how Toys R Us vendors exercised caution ahead of its recent bankruptcy, according to a report in Bloomberg.
Suppliers to the 260-location department store...
Harry Potter jewellery launch conjures media frenzy
Alex and Ani has launched a Harry Potter collection which has spelled big publicity for the US jewellery brand just weeks after the opening its first UK store.
Headlines in consumer press include, “This new...
Neiman Marcus Posts Net Loss, Unveils ‘Digital First’ Strategy
Neiman Marcus is unveiling a new strategy: digital first.
Its latest SEC filing mentions the strategy but provides scant details about it, except noting that it’s aimed at “anticipating customers’ evolving behaviors and engaging them...
Jabong kickstarts festive season; aims at 2x jump in revenue
India's leading fashion e-tailer Jabong is all set for the festive season and expects to see a doubling of its revenues.
The e-commerce platform's core consumer base is constantly growing as the company has seen...
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Prithviraj Jewels Unveils Luxurious New Store in South Extension
~Discover exquisite jewellery that masterfully blends tradition with contemporary elegance
New Delhi, November 2024 – Prithviraj Jewels, a name synonymous with exquisite craftsmanship and heritage...
LBMA Adds India’s Choksi Heraeus to Silver Good Delivery List
Choksi Heraeus Pvt. Ltd. (CHPL), a leading silver refinery based in Udaipur, Rajasthan, India, has been added to the London Bullion Market Association (LBMA)...
“Marie Antoinette Diamond Necklace” Sells for $4.8m
An historic necklace that has been linked to Marie Antoinette sold for $4.8m at Sotheby's Geneva, smashing its pre-auction high estimate of $2.8m.
Seven bidders...
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