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Following a tough fiscal year, specialty jeweler Birks Group Inc. has rebounded with a strong second quarter and first half, driven by watch sales and an increase in average ticket, number of transactions and store traffic.  
Pandora will open a greater number of concept stores than originally planned this year, with a particular emphasis on company-owned and -operated stores.  
Executives for Blue Nile said Thursday that they anticipate fourth quarter sales could grow as much as 19 percent due to the lowering of engagement ring prices and the addition of brands.  
The luxury conglomerate that owns Girard-Perregaux and JeanRichard said that the third-party distributors that buy its watches remain “cautious” in their purchasing, echoing the sentiment expressed by LVMH earlier this month.
LVMH reported Tuesday that its watch and jewelry segment recorded organic revenue growth of 5 percent in the first nine months of the year, though it noted the retailers to whom it sells TAG Heuer and Hublot watches remain cautious in their buying.
Sales in the Americas grew 12 percent at constant exchange rates for Richemont in the five-month period ended Aug. 31, the company reported Thursday. 
Signet Jewelers Ltd. reported Thursday that second quarter same-store sales rose 7 percent for its Sterling Jewelers division but fell 1 percent at Zale Corp., which it officially acquired in late May. 
Tiffany & Co. reported Wednesday that same-store sales in the Americas were up 8 percent year-over-year in the company’s second quarter ended July 31, bolstered by strong performances across most product categories. 
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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.