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Zale same-store sales edge up in 1Q
...ame-store sales increase to clearance at the Zales brand, which saw more transactions but lower tickets."Our performance was consistent with our plan to move through as much non-program merchandise as possible in the first quarter to make way for fresh assortments and the selling of regular-priced goods in the all-important holiday season," President and Chief Executive Officer Betsey Burton said ... |
Warning issued in Denver for traveling jewelry salespeople
...he robberies.* The robbers appeared on video following the victims for up to three days prior to the robberies.* The robbers drove numerous rental-style vehicles, including Dodge Grand Caravans, Chevrolet Impalas or Chevrolet Trailblazers while following the victims.* The robbers, men ages 20-40, numbered from three to eight and used knives or guns to commit the robberies.* The robbers knew prior ... |
COS launches childrenswear spring/summer 2009 collection
... the complete COS children’s wear collection. For girls and boys aged between 1 to 4, it is designed to echo the understated, modern take on the contemporary wardrobe that COS has embodied since its inception in 2007.COS children’s wear focuses on the casual side of this aesthetic. As with men’s and women’s wear, the basis of the collection is the reinterpretation of iconic pieces including pleate... |
Icahn to increase shares of Federated
...f Icahn's plans to file for clearance for the acquisition through with the Hart-Scott-Rodino Antitrust Improvements Act.Filings with the Securities and Exchange Commission show Icahn Management currently holds about 2 million shares in Federated, worth about $74 million."We're glad Mr. Icahn sees value in our company and is increasing his investment," Federated Chairman Terry J. Lundgren said in a... |
Stocks up after GMAC lifeline, retail sales dip
..., but gains were limited by dreary holiday shopping readings that dimmed the chance of a big year-end rally.The major indexes finished the week with losses, but the market nonetheless showed further signs of stability.The news from the retailing sector was far from surprising: Americans spent much less on gifts this season than they did last year, according to SpendingPulse, a division of MasterCa... |
Helzberg's 'Sparkle' sale to benefit children's charities
...the sale of its "Sparkle the Bear" plush toy to benefit children who are the victims of catastrophic illness or life-threatening abuse and neglect.Sparkle the Bear dons a sparkling red sweater with a coordinating messenger bag, and is available for $9.99 at Helzberg Diamonds stores nationwide and at the retailer's Web site, .All profits from Sparkle the Bear sales will be donated to Jewelers for C... |
VNU to combine Couture and Signature Salons shows
... Couture Collection over the years will be designated "Cornerstone Retailers" and will enjoy special activities and accommodations at the Wynn.VNU Jewelry Group Vice President Lee Arevian explains that the decision was based on extensive discussion with the shows' exhibitors and retailers."It is our goal to continually listen to the members of the Couture community, both exhibitors and retailers a... |
What work? 60 million shop online today
...ducted this weekend by Big Research. Today, expected to be one of the biggest online shopping days of the year, starts the holiday season in earnest for online retailers. "While traditional retailers used Black Friday promotions to pack the stores this weekend, online retailers are using Cyber Monday to debut holiday merchandise and offer virtual door-busters," said Scott Silverman, Shop.org execu... |
U.S. fuels Signet 3Q growth
...States increased 6.5 percent.Year-to-date same-store sales for the company increased 5.3 percent. Total year-to-date sales increased 10.2 percent (9.8 percent at constant exchange rates). U.S. sales accounted for 75.6 percent of the company's total year-to-date sales, or $1.583 billion. Total year-to-date sales at U.S. stores increased 13.3 percent (12.6 percent at constant exchange rates), while ... |
Tiffany & Co. sales grow in first half
...ent in the first half of the year, with sales in the New York flagship store slipping 1 percent, and branch store sales rising 2 percent. For the second quarter alone, same-store sales increased 5 percent, including a 5 percent increase in the flagship store and a 4 percent boost in branch stores.Total net sales of $1.1 billion for the first half of the year were 7 percent higher than last year's ... |
Time Warner swings to 4Q loss on hefty writedown
...on, or 28 cents per share, a year ago.Quarterly results were dragged down $4.70 per share mostly due to the $24.2 billion writedown.Time Warner had anticipated the writedown, predicting in January that it would record an operating loss for the fourth quarter and the full year.Revenue for the period ended Dec. 31 dipped 3 percent to $12.31 billion from $12.64 billion on softness in its filmed enter... |
Luxury department same-store sales up for August
...9.3 percent to $517 million. Year-to-date sales for the company increased 8 percent to $4.57 billion, with a same-store sales increase of 5.8 percent.Total sales at Neiman Marcus Group grew 7.4 percent to $270 million. By segment, same-store sales increased 2.1 percent at Neiman Marcus and Bergdorf Goodman stores and comparable sales grew 19.3 percent in Neiman Marcus Direct, which includes catalo... |
Dubai jewelry show sets new dates
reamlines the weekends to Friday and Saturday. This new weekend dates will ensure a greater visitor flow to the exhibition, the show planners said in a release.The show opening times will be as follows: Dec. 12-14, 3 to 6 p.m., trade only; 6 to 10 p.m. trade and general public; Dec. 15-16, 4-10 p.m., trade and general public. For more information, e-mail wjd@dwtc.com or visit www.jewelleryshow.com... |
Study: 2009 retail industry losses
... Co.: 50 (over the next five years)Ruby Tuesday: 40Famous Footwear: 35Yankee Candle: 28Cost Plus: 26Blue Tulip Gift Shops: 24Sears: 22Oneida Ltd.: 20Gap Inc.: 15Kira Plastinina: 12Macy's: 11Filene's: 11Dillard's: 8Dominos: 8Sweetbay Supermarkets: 7Applebees: 4Harry W. Schwartz Bookshops: 4Good's Furniture and Flooring: 3Lane Bryant: 3P and C Food Markets: 3Pier One: 3Virgin Records: 1Some chains, ... |
Celebrity style: Who what wear
...he glamour in a studded sweatheart corset and neon shoes at the X Factor semi finals. NATASHA BEDINGFIELD ... dresses like someone's mum at a Cosmo bash in New York. Well, she is engaged so of course she needs to start dressing like a middle-aged temp. CATE BLANCHETT ... is honoured with a star on the Walk of Fame in Hollywood, but it sure wasn't for her styling prowess. White tapered trousers are... |
Report: Consumers uneducated on jewelry hot topics
... Gemological Symposium.The research, released Thursday, was conducted in response to trade requests and allowed analysis of consumer opinion as industry leaders met from Aug. 26-29 in San Diego. JCOC said 7,223 United States and Canadian panelists participated in the survey.According to the research, consumers still have limited insight on issues like conflict diamonds. For instance, 29 percent sa... |
Sotheby's Geneva announces 'Magnificent Jewels' sale
...lights of the sale include a pear-shaped, D-color, internally flawless diamond weighing 34.21 carats, estimated at $2 million to $3 million; two cushion-shaped Burmese rubies weighing 18.28 carats and 9.24 carats, estimated at $1 million to $1.5 million and $850,000 to $1.25 million, respectively; and a bracelet featuring 25 colored sapphires (including 19 Burmese sapphires) from the property of a... |
Mahogany clock biggest lot at Sotheby's auction
...Overall, we are very pleased with the results of today's sale, which demonstrate the strength of the market for rare and exceptional watches," said Jonathan Darracott, head of Sotheby's Watches department London, in a statement. "We are particularly pleased that the three Breguet watches in the top ten were successfully bought by the Breguet Museum."The three Breguet watches were a gold open-faced... |
EXCLUSIVE: Jewelers see uptick in sales since Black Friday
...eat and more willing to spend early on."Deutsch says that Friday, Dec. 1, was the busiest first Friday in December ever for his store, which opened in 1987."We had good traffic, and we made large diamond sales that we don't usually make so early on," Deutsch says.The bustling business on Friday set the tone for a weekend where sales also increased over the year before, Deutsch says."We're very ple... |
Study: Gift-spending to rise this holiday season
...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 monitors gift givers' purchases.If consumers continue buying gifts at this rate, average gift-spending could exceed $2,250 for the entire year, a 12 percent... |
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