The announcement coincided with its full-year results, with growth driven by its jewelry brands.
Gold Rush 2023 – Here's What You Need to Know Right Now
Gold remains a hot commodity. This supplier knows the metal well and is pushing it to its limits.
Brought To You By Royal Chain Group
You may have noticed some significant swings if you’ve been following gold prices. A recent spike was the result of insecurity in the banking system following the failures of Silicon Valley Bank and Signature Bank. Meanwhile, gold prices don’t seem to have much effect on the consumer, with demand for the metal at levels not seen since the 1980s.
The Gold Trends to Monitor
Permanent jewelry shows no signs of fading, as more retailers are jumping on this concept to increase foot traffic. The beauty of this concept is it brings shoppers into old-fashioned, brick-and-mortar stores (sorry, e-tailers!). Royal Chain is expanding its selection of spool chains for 2023, adding super cute 14K charms for an extra personal touch. Need help with how to present it in your store? Look out for a new display available at JCK in Las Vegas.
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Looking ahead, the retailer said it sees “enormous potential” in Roberto Coin’s ability to boost its branded jewelry business.
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Despite the rising prices, consumers continue to seek out the precious metal.
This little guy’s name is Ricky and he just sold for more than $200,000 at Sotheby’s Geneva jewelry auction.
Though its website has been down for a week, Christie’s proceeded with its jewelry and watch auctions on May 13-14, bringing in nearly $80 million.
Despite the absence of “The Allnatt,” Sotheby’s Geneva jewelry auction totaled $34 million, with 90 percent of lots sold.
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The mining company wants to divest its 70 percent holding in the Mothae Diamond Mine in an effort to streamline its portfolio.
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The “Argyle Phoenix” sold for more than $4 million at the auction house’s second jewels sale.
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Owner David Mann is heading into retirement.
While overall sales were sluggish, the retailer said its non-bridal fine jewelry was a popular choice for Valentine’s Day.
The mining giant also wants to offload its platinum business as part of an overhaul designed to “unlock significant value.”
Christie's is selling one of the diamonds, moving forward with its Geneva jewelry auction despite the cyberattack that took down its website.
The ad aims to position platinum jewelry as ideal for everyday wear.
Retailers can customize and print the appraisal brochures from their store.
The move follows a price-drop test run in Q4 and comes with the addition of a “quality assurance card” from GIA for some loose diamonds.
The site has been down since Thursday evening, just ahead of its spring auctions.
The late former U.S. Secretary’s collection went for quadruple the sale’s pre-sale estimate.
Three fifth graders’ winning designs were turned into custom jewelry pieces in time for Mother’s Day.
Kimberly Adams Russell is taking over the role from her father, David Adams, marking the third generation to hold the title.
As a token of womanhood, this necklace depicts when Venus was born from the sea.
The deal gives the retailer control over the distribution of Roberto Coin jewelry in the U.S., Canada, Caribbean, and Central America.
The company’s Easton location will remain open.