Majors

Jewelry Sales Boost Richemont’s H1 Results

A pair of platinum Cartier earrings set with diamonds and spinel from the brand’s high jewelry collection. The Richemont-owned brand had success with its iconic collections in the first half of the year.

Sales in its jewelry division, which includes Cartier and Van Cleef & Arpels, climbed 8 percent.
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February 20, 2014

Three jewelry-selling retailers that reported their financials Thursday did not record strong increases in sales in the fourth quarter, despite the fact that it is generally the most wonderful time of the year for retailers. Read more »

February 19, 2014

National Jeweler analyzes the price tag on the $1.4 billion deal between Signet Jewelers and Zale Corp., what it means for the jewelry industry as a whole and what the real “pickup” of the acquisition is for Signet. Read more »

February 19, 2014

Bead brand Pandora reported Tuesday that its U.S. sales rose 24 percent in 2013 (28 percent in local currency) to $589.7 million, driven by an increasing demand for newer products and an improved store network. Read more »

February 18, 2014

Signet Jewelers Ltd. and Zale Corp. announced Wednesday morning that Signet, parent company of Sterling Jewelers, is acquiring Zale in a deal valued at $1.4 billion. Read more »

February 18, 2014

Indian jewelry retailer and manufacturer Gitanjali Gems Ltd., owner of Samuels Jewelers Inc., said its United States sales grew 12 percent year-over-year in the first nine months of fiscal year 2014. Read more »