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Snow stalls jewelry sales, but men still buying
..., 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 the year, editors interview independent jewelers around the country.Here is a region-by-region breakdown of how jewelers responded to our inquiries about last-minute customers, special sales practices this season and more:Northeas... |
Study: Gift-spending to rise this holiday season
...ts 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 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 p... |
NRF forecasts dip in Valentine's Day sales
...ts and merchandise, down from last year's $122.98 per person. "A bad economy won't stop Cupid this valentine's Day, but it might slow him down," NRF President and Chief Executive Officer Tracy Mullin said in a media release issued on Thursday.And jewelry sales are expected to fall slightly from the 16.6 percent who purchased jewelry for the 2008 holiday to 16 percent who will buy jewelry for Valen... |
Jeweler to light Ronald McDonald House
milies under duress whose children are being cared for in area hospitals."Albany Mayor Jerry Jennings will take part in the house lighting. The gifts for the children will be presented at Northeastern's holiday party on Dec. 16. Supporting the House has become an annual tradition for the jeweler, who last year invited children from the House to participate in a shopping spree at a local toy store.... |
Report: Same-store sales slow in October
...erage sales increase reported last month and the 4.4 percent average sales increase reported in October 2005.The sales results fall roughly in line with Retail Forward's prediction of 5.5 percent total sales growth for 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 sp... |
Myshape introduces Valentine’s Day Collection
...esigner for over two decades, creates jewelry that is classically inspired with a modern vibe. Her use of pearls and stones in unusual colors, shapes, and textures is the cornerstone of her collection.Smyth premieres her Heart Collection for myShape, featuring luxury pieces that don't come at a luxury cost with selections at under $50. This heart wear can sweeten up any ensemble and makes the idea... |
EXCLUSIVE: Jewelers see uptick in sales since Black Friday
... season moved into full swing last week, jewelers showed a significant increase in sales since Black Friday weekend, with diamond jewelry topping consumers' shopping lists."Sales last week were definitely higher for us than they usually are in the week after Thanksgiving," says Evan James Deutsch, owner of Evan James Ltd. in Brattleboro, Vt. "The weather I think really helped. It was 65 degrees he... |
Danier Leather Q2 sales drop
...million in the second quarter last year. Comparable store sales decreased by 4%. Year-to-date sales decreased by 2% to $91.7 million and comparable store sales decreased 3%. Financial market concerns, expectations of higher unemployment rates and increased fear of recession contributed to weakened consumer confidence and a highly promotional retail environment which in turn caused customers to del... |
Stocks up after GMAC lifeline, retail sales dip
...fts this season than they did last year, according to SpendingPulse, a division of MasterCard Advisors. Retail sales dropped between 5.5 percent and 8 percent compared with last year, the data showed, or between 2 percent and 4 percent after stripping out auto and gas sales.Ever since the Thanksgiving weekend, it has been widely expected that this holiday season would be dismal, and analysts belie... |
Li-Lo almost puts me off leopard print
...l that I blagged my way in to last Thursday. Organised by sexy members club Soho House and held in Chiswick House, the 'festival' was more like a very swish garden party. The look of the day seemed to be cordrouy as the SH members and their middle-aged pals partied on down to The Kooks and the Sugababes. Instead of cider and hot dogs, guests here chowed down on champagne and lobster (all free once... |
Ennis Apparel Segment revenues up 4.8% for 9-months period
... million for the same quarter last year, or a decrease of 6.9%. Apparel sales were $59.9 million, compared to $69.5 million for the same quarter last year, or a decrease of 13.8%. Our overall gross profit margins ("margins") were 26.6% for both current and prior year third quarters. Our Print margins decreased slightly from 26.8% to 26.4%, while our Apparel margins increased from 26.2% to 26.9%. O... |
Black Friday bargains start season off with a bang
...$360.15, up 18.9 percent from last year's $302.81.Clothing or clothing accessories were the most popular items purchased (41.4 percent) as well as books, CDs, DVDs, videos or video games (41.4 percent). Consumer electronics or computer-related accessories (33.3 percent) were also in high demand, as well as toys (28.3 percent), gift cards/gift certificates (17.6 percent) and home decor or home-rela... |
Posh says no to boobs in NY
...ack at critics who called her last range old-fashioned - including fellow WAG Cheryl Cole - Mrs Beckham was determined to show how youthful the new range was. With designs including rubberised capes and much shorter hemlines than last season's modest mid-calf styles, Posh showed off lashings of leg - but little cleavage. In fact, despite showing off her own curves more than once in the past, she d... |
Federal Reserve Cuts Rates to Historic Low
....64% to 5.28% since the Fed's last meeting, according to HSH Associates, a financial publishing firm. It has been one of the few areas in financial markets where credit costs have shown substantial improvement in the past few weeks."Over the next few quarters the Federal Reserve will purchase large quantities of agency debt and mortgage-backed securities to provide support to the mortgage and hous... |
Detroit Reels as Auto Sales Skid
... about 790,000 cars were sold last month, according to GM.The sales translated into a seasonally adjusted annualized selling rate of 9.8 million vehicles, the lowest pace since June 1982.GM and Chrysler together won $17.4 billion in emergency funds from Congress in December as they were on the verge of running out of cash. Under terms of the loans, they must present the government with turnaround ... |
Tacori prevails in suit over copyrighted rings
...Enterprises.In an order filed last week in U.S. District Court for the Northern District of Ohio, Eastern Division in Cleveland, Judge Kathleen O'Malley said that Rego Manufacturing "non-willfully" infringed on three copyrighted designs, including that of Tacori's signature "crescent silhouette" design and the "Tacori Trade Dress," which refers to the rings and other jewelry Tacori introduced afte... |
London Fashion Week stands strong for emerging brands
y the vibrant and stylish Cannizaro House and Solerra® Sunless Tanning Science. Nolcha is thrilled to once again work with the Gina Conway Aveda Salons after the success of collaboration at The Hospital Club last season. In addition the event will celebrate the finale of Dress the Band– a competition for emerging designers to create a look for the UK band Southern Attic. London Fashion Week... |
US auto sales plunge whopping 36 percent in Dec.
...3 percent fewer vehicles than last December and 30 percent fewer in 2008 than in 2007. General Motors Corp. sold 2.9 million vehicles last year, the lowest number in 49 years. U.S. auto sales tumbled to 13.2 million in 2008, down 18 percent from 16.1 million in 2007. Consulting firm IHS Global Insight predicts that U.S. sales will drop to 10.3 million this year as the economy continues to sputter.... |
2009 styles guide from A to Z
...n Furstenberg boutiques.Ditch last year’s delicate prints and choose over-sized floral designs in punchy citrus shades. This cute strapless dress costs £45 from Miss Selfridge (in stores from March) C is for CLUTCH BAG ... and the smaller, the better. Balenciaga’s new snakeskin styles are so teeny they can be strapped to your wrist. Check out this £18 winner from M&S D is for DISTRESSED DENIMS... |
Despite Rough Quarter, Nike's at the Top of Its Game
...r share of $0.80, up 13% from last year and two cents above the consensus estimate of $0.78 per share. Although some of this growth was due to currency gains and a lower tax rate, Nike is still doing arguably well in an extremely tough macroeconomic environment.Nike is a large, geographically diverse company, so in order to get a real feel for how the Swoosh is doing, we need to break down the res... |
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