National Jeweler

Financial Reporting

The “Five Golden Schlumberger Rings” ($210,000) featured in Tiffany & Co.’s new high-end holiday gift guide. The jeweler fell short of revenue and same-store sales expectations in the third quarter.
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.
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Boucheron was a standout in the jewelry segment, while Ulysse Nardin bolstered the watch category.

The luxury conglomerate reported $1.24 billion in revenue for the category, a 5 percent organic increase year-over-year.

The retailer’s same-store sales in North America dipped 1 percent as foot traffic continued to decline, but it beat analysts’ expectations and saw its stock rise.

The company pointed to the impact of tariffs, watch market challenges and “the increasingly volatile global environment.”

Worldwide sales dipped 3 percent with unrest in Hong Kong weighing on the jeweler’s performance.

Pandora and Alrosa see sales slump, we roundup the happenings for Jewelry Night Out, and more.

The Danish jewelry company’s turnaround plan includes revamped stores, a redesigned logo, a new slogan and a simplified portfolio.

The retailer can now use the remainder of its $218 million in specialty financing to stay afloat while it searches for a buyer.
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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.

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