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...
Leading jewellery display specialist ramps up clearance event
A midlands-based jewellery display specialist is looking to drive sales with it largest stock clearance event to date.
In a bid to offload old stock Wrights Plastics GPX has reduced the cost of dozens of...
Jewellery mogul seeks £250k investment from Alan Sugar on TV show The Apprentice
A Manchester-based businessman and jewellery mogul has snapped up a place in the Apprentice 2017 line-up.
24-year-old Charles Burns, who runs a management consultancy, a watch trading company and a comparison website, is the third generation...
David Yurman Is Now Selling on Mr. Porter
David Yurman is partnering with Mr. Porter, the men’s fashion offspring of Net-A-Porter, to sell pieces from its men’s silver collection—primarily bracelets.
WWD reported yesterday that Mr. Porter is the first purely e-commerce partner for David Yurman, which...
Related articles
Trump’s Tariffs: A Looming Crisis for India’s Diamond and Jewelry Exports
India is on high alert as the U.S. prepares to potentially raise tariffs, threatening to worsen the already fragile state of the country's diamond...
LVMH Appoints Jean-Christophe Babin to Lead Watches Division
LVMH has announced the appointment of Jean-Christophe Babin as the new CEO of its prestigious watches division. Babin, a seasoned veteran in the watches...
De Beers Unveils New Initiatives to Boost Natural Diamond Appeal in India
De Beers Group has introduced a fresh initiative in India aimed at promoting natural diamonds to a younger audience. The ‘Second Ear Piercing Ritual’...
Sakha Republic Delegation Explores Gems and Jewellery Collaboration in Jaipur
A distinguished delegation from the Sakha Republic (Yakutia), renowned as Russia’s largest republic and a key global supplier of rough diamonds, recently visited Jaipur...
Tata Cliq Luxury Teams Up with RedBeryl to Enhance Premium Shopping Experience
Tata Cliq Luxury, the luxury fashion and lifestyle platform from the Tata Group, has announced a strategic partnership with RedBeryl, a luxury lifestyle management...