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The clothing rental subscription service plans to open several “rental studio” locations in Lord & Taylor stores.
Sales in its jewelry division, which includes Cartier and Van Cleef & Arpels, climbed 8 percent.
The online store will feature a rotating roster of designers and brands, starting with Michael Bondanza.
Reeds Jewelers is tying the knot with wedding dress retailer Kleinfeld Bridal, of “Say Yes to The Dress” fame.
Like-for-like sales were down across its top seven markets, including a 9 percent dip in the United States.
The longtime luxury retailer will likely close all locations after the sale of its assets was finalized Friday morning.
The Minnesota-based jewelry manufacturer is at a standstill after a wall collapsed into its factory last week.
The potential deal is worth $14.5 billion.
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.