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It’s in the space that will be the jeweler’s temporary home while its Fifth Avenue flagship is renovated.
The jeweler fell short of revenue and same-store sales expectations in Q3 due to weak demand in the Americas and unrest in Hong Kong.
Same-store sales rose at all U.S. mall-based banners while online sales posted double-digit growth.
Albert Bensoussan is leaving the luxury conglomerate to “pursue a personal project.”
Nearly three-quarters of traffic on retail websites came from mobile devices on Black Friday, and 56 percent of all online orders were placed on a mobile device.
LVMH acquires Tiffany & Co., royal jewels stolen from German museum, another independent jeweler closes, and more.
He will serve as vice president of loss prevention and risk management services, succeeding 39-year employee David Sexton.
Challenges “intensified” within the watch category and retail landscape, CEO Efraim Grinberg said.
National Jeweler

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.