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The popularity of its new “T” collection did not translate into strong sales across the board for Tiffany & Co., the retailer reported Monday.  
Stores under the Zale umbrella recorded better-than-expected holiday sales while comps at Kay Jewelers and Jared the Galleria of Jewelry fell short of expectations. 
J.C. Penney reported that same-store sales rose 4 percent in Nov. and Dec. and said that it plans to close only a very small percentage of its stores this year.
Sears Holdings Corp. reported Thursday that a total of 235 stores, mostly Kmarts, have been closed or marked for closing in an effort to cut costs amid stagnant sales and growing losses. 
A court in Denmark has fined Pandora 2 million Danish krone (about $333,000) for waiting too long to warn investors that it anticipated a drop in revenue.  
Names like Neil Lane, Le Vian and Vera Wang remain the main sales drivers for Signet Jewelers, which is in the process of transforming the sales floor of its Kay Jewelers stores into a series of branded boutiques.
 While results were mixed for Tiffany & Co. globally, sales in the U.S. market were relatively strong, led by consumer demand for fashion jewelry in karat gold.
Third quarter sales were soft for major chain retailers, which are grappling with a lack of compelling product and continued competition from pure-play online retailers.  
National Jeweler

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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.