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The CEO of Blue Nile, which just recorded its sixth consecutive quarter of double-digital sales growth, said the company expects more than 50 percent of site traffic to come from mobile devices in the fourth quarter.
Saks Inc. announced Wednesday that is shareholders have given the green light for the high-end retailer to merge with Canadian retailer Hudson’s Bay Company.
 
Sales continued to climb for Amazon.com Inc. in the third quarter, with the company reporting a 24 percent increase to $17.09 billion as compared with $13.81 billion in the same period last year.
Same-store sales at Michael Hill’s U.S. stores rose 7 percent in the quarter ended Sept. 30, the Australian retailer reported recently. 
After falling flat in the first half of the year, LVMH’s Watches & Jewelry business group recorded organic revenue growth of 3 percent through the first nine months of the year. 
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Fine Jewelry Industry News

Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.
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