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HSN Inc., the parent company of on-air and online retailer HSN, reported Thursday that the retailer’s sales were down 1 percent in the first quarter, with jewelry reported as one of its weak sellers. 
Online retailer Blue Nile reported that sales hit $103.7 million in the company’s first quarter, a 7 percent year-over-year increase. 
This holiday season, Macy’s will begin selling both bridal and fashion Marchesa jewelry with the majority of pieces to be priced between $5,000 and $10,000. 
Amazon.com Inc. announced Tuesday that an entire section of its website is now dedicated to wearable technology, allowing consumers to browse the latest gadgets and research devices, including smartwatches. 
In the wake of its massive data breach, Target Corp. announced Tuesday the hiring of a new chief information officer, Bob DeRodes, who has served as an advisor to both the U.S. Department of Homeland Security and the Justice Department. 
Kay Jewelers has launched a Kentucky Derby-themed collection of charms and bracelets to commemorate the race, which is scheduled to take place this weekend at Churchill Downs in Louisville. 
Quarterly sales continue to climb for Amazon.com Inc. though a new study shows the online retailer is losing sales--particularly of larger-ticket items--in states where it collects sales tax. 
Over the past few weeks, Nordstrom has made a number of announcements regarding new locations for both full-line stores as well as its off-price division, Nordstrom Rack. 
National Jeweler

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.