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Snow stalls jewelry sales, but men still buying
...onexistent, while others said customers braved the elements to shop.New York--The economic slowdown and severe snowstorms packed a one-two punch for jewelers this weekend, with many reporting slow sales despite new sales tactics, while others celebrated the last-minute male shopper.As part of National Jeweler's annual holiday weekend roundup, which appears online every Monday through the end of th... |
Myshape introduces Valentine’s Day Collection
...ntine's Day gift."The myShape customer provides me with a special challenge; with her keen eye for fashion, she's on the prowl to discover her own special brand of style," says Smyth. "She is my favorite customer to design for, as she is happy to think outside the box and ready to embrace beauty at every turn."Joann's designs have captured the eye of many discerning women, aficionados include: Mad... |
Study: Gift-spending to rise this holiday season
Shoppers buying gifts this holiday season will spend an average of more than $1,000 each, according to a new study from Unity Marketing.This represents an 8 percent increase over last year's average holiday gift budget of $928.So far this year, consumers have spent an average of $1,034 on gifts, 20 percent more than last year, according to Unity Marketing's quarterly "gift Tracker" survey, which m... |
J.C. Penney 'Doghouse' spot has viewers howling
... instead of a diamond jewelry gift from J.C. Penney.Plano, Texas--Chain retailer J.C. Penney's "Beware of the Doghouse" holiday commercial has become an Internet sensation, garnering both criticism and applause from the millions who have the viewed the online jewelry ad."Beware of the Doghouse" is a four-and-a-half minute mini-movie that serves as a reminder to men of what can happen when they don... |
Jeweler to light Ronald McDonald House
...al holiday lights and holiday gifts for the House's Capital Region location here. A house lighting ceremony is scheduled for Nov. 27. In addition to adding to the Ronald McDonald House's usual holiday festivities, the event will also inaugurate the charity's 25th anniversary celebration."We are grateful to the Bleser family [owners of Northeastern] and to our friends at Northeastern Fine Jewelry f... |
The Unwritten Rules of Social Networking
...strategy actually costing you customers? Use these strategies to get it right.Drumming up a fan base on MySpace, LinkedIn, Facebook or Twitter isn't as simple as sending out friend requests. To find followers, you need to create threads and promote products on social sites. To do so, there are a few unwritten rules of etiquette you should know. Master the etiquette so you can stop sending Super Po... |
Where to Find the Absolute Best Post-Christmas Sales
...riday, Cyber Monday, weeks of gift wrapping, hitting stores, and checking off lists. But just when you thought it was over, retailers across the country are offering post-Christmas, year-end, and clearance sales in hopes of luring shoppers back into stores.Make way for the new Black Friday, the day after Christmas. For many retailers, the holiday shopping season is expected to be a bust, courtesy ... |
EXCLUSIVE: Jewelers see uptick in sales since Black Friday
...ggling local economy has kept customers out of the store."Jewelry is a luxury," says owner Walter Leonard Jr. "If you don't have a job, you don't have money, and you can't buy luxuries."Leonard has not totally given up hope on the holiday season yet. He says several out-of-town visitors have made inquiries about larger diamonds. If those sales go through, Leonard says, he may be able to salvage th... |
Polo Ralph Lauren to Assume Direct Control of Distribution in Southeast Asia
...ber of large department store customers, including risks related to extending credit to customers; risks associated with the Company's dependence on its licensing partners for a significant portion of its net income and risks associated with a lack of operational and financial control over licensed businesses; risks associated with changes in social, political, economic and other conditions affect... |
NRF forecasts dip in Valentine's Day sales
...onsumers will continue buying gifts that are traditional favorites, including jewelry, but they will spend less this year, according to the NRF's 2009 Valentine's Day Consumer Intentions and Actions survey, conducted by Big Research. The study found that consumers plan to spend an average of $102.50 on Valentine's gifts and merchandise, down from last year's $122.98 per person. "A bad economy won'... |
Amazon.com shares soar on rosy outlook, holiday sales
...ironment. Asked whether fewer customers were subscribing to Amazon Prime in the recession, Chief Financial Officer Tom Szkutak said Amazon was "very pleased" with the service, which charges a flat fee of $79 for a year's shipping. "We have very good subscriber growth and customers like it. That was evidenced further in Q4 during the holiday season," he said. As for Kindle device, which launched la... |
‘Golden Christmas’ with Porsche Design
...olden accent and now presents gift ideas whose designs take the precious metal as their theme. The selection of classic men’s accessories includes automatic watches, cufflinks and sunglasses. The products are available immediately from Porsche Design Stores.Three chronographs from the Dashboard series and the Worldtimer P'6750 have been selected for Christmas. For the first time, two models from t... |
5 Gifts That Will Shock a Techie
...you're desperate for that one gift that will thrill and surprise your tech-savvy spouse. These gifts are not only reasonably priced—with only one a smidgen over $200—they're cutting edge. Many of these gifts can be found at electronics stores, and there is still time for a two-day or overnight delivery. You'll not only make any geek happy with these gadgets, you'll startle them with your know-how.... |
Report: Same-store sales slow in October
r the holidays, a reduction from the 7.2 percent growth seen in October-to-December sales last year.Retail Forward's ShopperScape survey shows that the majority of shoppers plan to spend about the same as they did last year on holiday gifts. Down-market shoppers appeared the most cautious about holiday spending this year, with more than half planning to spend less than last year or nothing at all.... |
Movado's sales, profits rise
$17.5 million, versus $14.4 million a year earlier."Our strong results reflect the continued customer appeal of our diverse portfolio of brands, including the growing prominence of Ebel around the world, the introduction of our new Hugo Boss watch collection and the very successful launch and delivery of Series 800, a bold new sport collection from Movado," said President and CEO Efraim Grinberg.... |
La-Z-Boy Reports Fiscal 2009 Third-Quarter Results
...e with an increasing number ofcustom-order cut-and-sewn kits coming from Mexico. We are pleased to reportwe opened the Mexican cut-and-sew facility last month on time and onbudget." Darrow continued, "Our casegoods segment's business model is predicatedupon the ability to deliver products in two weeks or less. As retail demandslowed during the quarter, we experienced cancellation... |
Handbags maker Coach reduces new store growth plans
...a and Leah. While many of our customers responded positively to these new offerings, the significantly depressed backdrop and barrage of poor economic news clearly impacted consumer spending. Additionally, we stood virtually alone among retailers in maintaining our long-standing practice of not discounting in our retail stores in order to protect our brand proposition.” “During the Spring, we will... |
Consumers need greater tanzanite exposure
...e jewelry, but Sites says his customers always remark on the stone's color, regardless of its price point, leading him to believe that the market extends from mass retail to luxury.Haber agrees: "QVC had some record sales lately for tanzanite jewelry, selling almost $3 million worth in 24 hours," she says.Still, the Tanzanite Foundation study finds that retail jewelry stores were the top source of... |
Breuning expands silver offerings
how, where a number of retailers interviewed by National Jeweler said they were seeking out silver designs so that they might offer a lower price point to customers.Designers at the show in turn, appeared to have heard silver's call, with many introducing new silver collections or expanding their silver offerings.For more information on Breuning's Silver and Diamonds III line, call (866) 872-2842.... |
Stocks fall on fresh worries about economy
...ones, has seen demand fall as customers trim inventories. Allstate fell $6.14, or 20.7 percent, to $23.50 a day after the insurer posted a loss of $1.13 billion for the fourth quarter. Starbucks was flat at $9.65, after the coffee retailer posted a two-thirds drop in earnings. Black & Decker Corp. dropped $8.09, or 20.9 percent, to $30.65 after reporting that its fourth-quarter earnings droppe... |
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