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It is set to open before the holiday season and will be more high-tech than the jeweler’s other stores.
And CEO Alessandro Bogliolo teased the introduction of what the company describes as an “innovative diamond ring concept.”
Net sales are up 19 percent so far this year for the watch company.
Also impacting the Australian retailer’s results was the closure of its Emma & Roe charm stores.
Jewelry in the luxury conglomerate’s portfolio turned in a solid performance while watch sales continued to recover.
An “excellent” six-month period for Bulgari and strong watch sales propelled the division.  
Net sales in the six-month period reached $4.29 billion, with growth in all regions.
The Canadian retailer attributed its performance to the renovation of two flagships and a softening retail market in the country.
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.