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Your keyword: the jewelry exchange
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Tough time for watch sales
... Watch sales are suffering at the hands of the economic slump like the rest of the luxury market, but more modestly priced and classic timepieces are poised to hold their own better than others, industry experts say."In the past, many jewelers did not want to bother selling watches under $400 or $500, but that has completely reversed," says American Watch Guild Executive Director Bert Kalisher. "N... |
U.S. fuels Signet 3Q growth
...mpany of Sterling Jewelers in the United States, for the third quarter ended Oct. 28.Total sales increased 5.7 percent (9.5 percent at constant exchange rates) to $604 million.U.S. sales continued to lead the company's growth, accounting for $433.3 million, or 71.7 percent, of total sales. Total U.S. sales increased 7 percent (12.6 percent at constant exchange rates), and same-store sales in the U... |
Richemont sales up 2 percent in last '09 quarter
...w its sales rise 2 percent in the final quarter of 2009, with both its jewelry and watch divisions enjoying increased demand and a modest rise in sales as the year swung to a close. "the improvement in trading is welcome in the context of a generally difficult economic environment, although the figures should be viewed against the weak comparative figures of the same period in 2008," Richemont sai... |
Sears, Kmart get in the gold buyback game
...rs and Kmart stores are among the latest chain retailers to begin offering a formalized gold buyback program, with the stores now offering the services via their jewelry departments. According to a news release issued Monday by Sears Holdings, the buyback program is being launched in conjunction with Pro Gold Network, a Madison Heights, Mich.-based purchasing, manufacturing and refining facility. ... |
Las Vegas Antique Jewelry & Watch Show to be held in May
...rs within walking distance to the JCK Show. the annual trade-only event, which opens two days before the JCK Show, will feature nationally and internationally renowned dealers in the antique jewelry and watch industry. the most prominent dealers will arrive from countries across the globe. Dealers will exhibit rare and unusual historical antique and vintage pieces, gemstones, and antique watches f... |
Finlay VP Magrini resigns
... jewelry Corp., a filing with the Securities and exchange Commission (SEC) shows.Her resignation is effective Oct 23.Magrini is the second executive of bankrupt Finlay to resign in the last two weeks.On Sept. 30, Arthur E. Reiner, chief executive officer of Finlay Enterprises and Finlay Fine jewelry, stepped down from his position, though the SEC filing stated he would remain chairman of the board... |
Snow stalls jewelry sales, but men still buying
...ales were nonexistent, 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 th... |
U.S. sales looking up for Sterling
...r a chain that, like so many others, has struggled with declining sales due to the recession.According to a media release issued by Sterling's parent company Signet Jewelers Ltd., which operates jewelry stores in both the United States and the United Kingdom, sales for Sterling totaled $624.8 million for the 13 weeks ended May 2, a decline of only 2.6 percent.Sterling operates Kay Jewelers and Jar... |
Will interactive displays appeal to consumers?
...an try on jewelry freely, but the store does not offer engagement rings or high-end jewelry.Memphis, Tenn.--Vickie Blevins of James Middleton Jewelers has noticed a trend that she believes does not bode well for the store's future.Customers swarm her Memphis, Tenn., store for 40th and 50th wedding anniversary gifts, but she sees very few fresh faces buying engagement rings or first anniversary pre... |
The Sharper Image, Jacmel Jewelry to collaborate
...urer Jacmel jewelry Inc.Under the terms of the agreement, New York-based Jacmel will have rights to design, manufacture and distribute men's jewelry under the Sharper Image brand name.the men's line will consist of cuff links, rings, necklaces, bracelets and other men's jewelry accessories, each featuring a "technological twist," the companies said in a media release.Details are yet to come as a s... |
Lingerie retailer Etam reports marginal dip of sales in 2008
France -- In the framework of the realignment of the Etam brand, the Group has taken the strategic decision to discontinue its ready-to-wear business in Belgium and Italy and to stop the joint-venture company EFF in India.I – Sales in the fourth quarter of 2008:In the 4th quarter of 2008, Group sales were €269.9M, an increase of +7.8% after taking into account a favorable exchange rate impact of +... |
Emmy Award actresses mad about drop earrings
...lus Amrapali diamond bands to the 61st Primetime Emmy Awards. Photo: Courtesy of D'Orazio and Associates. Mad Men actress January Jones traded Betty Draper's necklace and earring sets for diamond drop earrings and a diamond leaf bracelet from Neil Lane. Photo: Getty Images/Jason Merritt.Los Angeles--Mad Men may have snagged one of the top series nods at last night's 61st Primetime Emmy Awards, but... |
JIC offers free business-survival tools
...America and JIC members, with the intent of helping retailers push through these tough economic times.the materials tie directly into JIC's national consumer "jewelry Stories" campaign, and the JIC says the marketing and advertising pieces are vital to driving consumers into retail stores.the jewelry Stories campaign invites consumers to share their favorite stories about jewelry, and the ads pull... |
Jeweler's deal sparkles, pampers for Mother's Day
Albany, N.Y.--Northeastern Fine jewelry in Albany, N.Y. has come up with a pampering promotion in order to encourage shoppers to go the jewelry route when shopping for mom this Mother's Day. Any customer who spends $159 or more on jewelry for Mother's Day at any of Northeastern's four locations between May 6 and May 8 (just before Mother's Day on May 9) will receive a package that is sure to sooth... |
Simmons Jewelry Co. decks SpongeBob in diamonds
...is $75,000 diamond pendant is the debut piece from a new SpongeBob SquarePants jewelry collection designed by Nickelodeon and the Simmons jewelry Co.New York--Nickelodeon's most rapt audience for its SpongeBob SquarePants cartoon might be the school-age set, but the show also counts die-hard fans well past elementary school, and the Simmons jewelry Co. is betting on that with a new jewelry line.In... |
JA New York Winter Show opens this weekend
...ork City beginning Sunday for the JA New York Winter Show 2010 at the Jacob K. Javits Convention Center.New York--When the JA New York Winter Show opens at the Jacob K. Javits Convention Center this Sunday, jewelers who are there to replenish their showcases post-holiday will also have a chance to take advantage of a full plate of educational offerings and seminars where they can share ideas with ... |
Special Report: The State of the Majors 2009
...been a game-changing year for the Majors, who have faced one tough scenario after another, from shrinking sales and dramatically reduced store traffic to spiraling expenses and the need for relentless consolidation.For large jewelry retailers with numerous stores spread out across the country, the effects of the recession are multiplied.With less discretionary income, U.S. consumers are more focus... |
Natural History sale to highlight tourmaline
...orks of art.the highlights of the auction are more than 50 lots of tourmaline in various shades, featured as polished and unpolished minerals, unmounted stones and jewelry.Of particular interest is a multi-color suite of jewelry composed of 59 tiny, intricately hand-carved flowers by German lapidary master Manfred Wild, estimated between $28,000-$35,000. Consisting of a necklace and pair of earrin... |
JCOC: Jewelry purchases up over holiday weekend
... than last year, according to the jewelry Consumer Opinion Council's (JCOC) annual Black Friday Sale study.According to the study, 34 percent of JCOC panel members shopped for holiday gifts over Thanksgiving weekend (Black Friday, Saturday and Sunday), compared with 32 percent in 2008. Of those, 22 percent bought fine jewelry or watches, while only 14 percent did so in 2008.When asked who they pur... |
WFDB mark unveiled in Asia
...oader international audience, the World Federation of Diamond Bourses (WFDB) announced it will have an information booth at the Hong Kong Jewellery and Watch Fair.the show kicks off today and goes through Sat., Sept. 23. the booth, provided by show organizer CMP Asia, will be located in Hall 5 of AsiaWorld Expo, the new exhibition center located next to Hong Kong International Airport."This is the... |
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