Holiday sales missed the mark for both Tiffany & Co. and Signet Jewelers, with Tiffany blaming it on “external events, uncertainties and market volatilities” and Signet citing department store discounting and waning interest in older lines like LeVian and Ever Us.
New York— Need to catch up on last week’s jewelry news? Here are five stories to get you started.

1. Tiffany Holiday Sales Slip as Chinese Tourist Demand Wanes
Worldwide same-store sales were down 2 percent while comps in the Americas fell flat.

2. Signet’s Holiday Sales Fall Short
Department store discounting and a lack of interest in “legacy” lines hurt the retailer this season.

3. Rolex Names New Head for US Market
Luca Bernasconi is taking over for the retiring Stewart Wicht.

4. After Accepting Chairman’s Bid, Sears Could Get Another Shot
Eddie Lampert’s offer stops Sears and Kmart stores from shutting down, but it still must be approved by a bankruptcy court.

5. 9 Fine Jewelry Trends That Will Shape 2019
From jewels that reflect sociopolitical issues to emphasis on certain jewelry-making techniques, Fashion Editor Ashley Davis spotlights where design is heading.

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