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The company said fashion watches and licensed brands were down in the United States.
Here are the five most-read stories on National Jeweler last week, according to Google Analytics.
The jeweler said it will operate as an independent division while also adding parent company R2Net’s technology to its own stores’ websites.
E-commerce sales contributed to global net sales growth for the jeweler, while lower foreign tourist spending in the Americas was responsible for softness in the region.
The jeweler said it “struggled to gain traction” in the United States following a change in leadership and marketing strategy.
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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.