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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... |
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.... |
J.C. Penney 'Doghouse' spot has viewers howling
...oghouse" is a four-and-a-half minute mini-movie that serves as a reminder to men of what can happen when they don't put a lot of thought into Christmas gifts, and then suggests that buying diamond jewelry (from J.C. Penney, of course) is one way to stay out of the "doghouse."The hilarious spot--part of an entire "Doghouse" campaign by J.C. Penney housed at BewareoftheDoghouse.com--is burning up ba... |
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... |
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... |
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... |
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... |
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 ... |
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... |
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... |
Kit me baby one more time -- Madonna and Britney Spears
...eback at a German awards bash last month, where she wowed crowds in a sexy circus-style outfit. And pop fans will be quick to note it’s a complete rip-off of Madonna’s costume from her Sticky & Sweet tour, right down to the fishnets. Nor is it the first time the chart rivals have hit the stage in matching costumes. One for the chaps ... Britney loved her Madgesty’s leather look at the 2000 MTV... |
Holiday season fails to perk up apparel sales
...ances as worse this year than last. The Consumer Spending Indicator also takes a look at how consumers are reacting to the economic challenges they are facing. NPD has been asking consumers ‘which kinds of money-saving, promotional events and/or programs do you think you are more likely to take advantage of now and in the coming months?’ “We continue to see consumers planning a shift in what will ... |
Recent online spending strong, but down for season
... down 1 percent compared with last year, according to the latest research from ComScore.For the first 49 days of the 2008 November-December holiday season (Nov. 1-Dec. 19), online spending decreased 1 percent to $24.03 billion, compared with $24.15 billion last year.However, online sales for the period from Dec. 1 (Cyber Monday) to Dec. 19, increased 1 percent from $12.67 billion in 2007 to $12.85... |
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