Iconic pieces, like the Mike Todd Diamond Tiara, appear in the superstar’s new music video for her song inspired by the actress.
Another holiday sales forecast comes in at 4 percent
Synchrony Financial is the latest organization to release its forecast for the holiday season, and it predicts single-digit growth in the same range as the NRF and Deloitte.
Stamford, Conn.--Synchrony Financial is the latest organization to release its forecast for the holiday season, and it predicts single-digit growth in the same range as the NRF and Deloitte.
Synchrony (formerly GE Capital Retail Finance) said Thursday that it expects holiday sales to grow 3.5 percent year-over-year, an estimate that is line with the 10-year historical average of 3 percent.
Seasonally adjusted sales for November-December 2013, including all online and offline purchases made in core retail categories, totaled $505.5 billion. Sales this year are expected to top $522 billion.
Synchrony Chief Marketing Officer Toni White said that consumers are “confident, yet cautious in making purchases,” and are using digital tools to research, compare deals and buy.
The company said its 2014 forecast is based on a number of factors, including the unemployment rate, gas prices--which are down--and private residential construction. It said that a steadying labor market, long-term strength in key economic indicators of personal consumption expenditures, consumer credit and residential construction are creating an environment conducive to boosting retail sales.
Deloitte cited similar positive factors when it released its holiday sales prediction in September, forecasting that sales will grow between 4 and 4.5 percent.
Similarly, the National Retail Federation predicts a 4 percent increase in November-December sales this year, though retailers interviewed by National Jeweler said if there is growth this holiday season, they expect it to come from the high end of the market, as the middle of their customer base continues to struggle.
"" seamless="seamless" marginwidth="0" marginheight="0" scrolling="no" style="border: 0px currentColor; vertical-align: bottom; border-image: none;">
The Latest

The luxury retailer, which went Chapter 11 in January, announced Thursday that it has secured $500 million in exit financing.

The NouvelleBox ballroom will feature independent jewelry designers, including Lene Vibe, Wyld Box Jewelry, and Kiaia Limited.

You deserve to know what you are selling–to protect your customers as well as your business and your reputation.

The one-of-a-kind locket, our Piece of the Week, opens to reveal three hidden images to keep close to your heart.


The new facility was also designed to better serve its growing customer base in Canada.

The campaign is a tribute to the year 1893, when Kokichi Mikimoto created the world’s first cultured pearl.

Every jeweler faces the same challenge: helping customers protect what they love. Here’s the solution designed for today’s jewelry business.

It is the only GIA school to offer the GIA Graduate Gemologist program in Chinese.

The initiative connects veterans and parents returning to the workforce with careers in jewelry retail.

The wholesale manufacturer and precious metals refiner has appointed Michael Angelo as its new national sales representative.

Foundrae also accused the jewelry giant of copying its mood board style of marketing.

A Patek Philippe for Tiffany & Co. timepiece owned by the American businessman who died on the Titanic will be offered at Freeman's Chicago.

The retailer’s Zach Bear gift comes to life in “Zach Bear and the Window Necklace,” which centers on curiosity, bravery, and helping.

Applications are open for the AGA Gemological Scholarship Program through May 15, and until June 2027 for the Gemological Research Grant.

These customer behavior patterns say a lot about how successful your jewelry store is going to be this year, Emmanuel Raheb writes.

Mejuri’s popular collection of 18-karat yellow gold vermeil rings debuted in sterling silver alongside new “Puzzle” slider charms.

The Miami-based jewelry brand and the NYC-based artist will be in Dallas from April 9-11.

The initiative invites those in the industry to share stories on social media highlighting the meaning and impact of natural diamonds.

Wolk’s first day on the job as CEO of Tracr, De Beers Group’s blockchain platform, will be May 1.

Moses, who will leave the lab in May after nearly 50 years, discusses his start in the business, gemstones that stand out, and what’s next.

The new catalog, which showcases 35 one-of-a-kind pieces of jewelry, is a compliment to the company’s popular holiday catalog.

Production has ceased at the Canadian diamond mine, which has yielded more than 150 million carats of rough diamonds in its 23-year run.

The store opening marks the 10th United States location for the India-based jewelry retailer.

Two Saks Fifth Avenue locations, one in Florida and one in California, and one Neiman Marcus store are off the chopping block.

West, who started in the art department at the Leading Jewelers Guild in 1979, is remembered for his patience, kindness, and dedication.

In the “Tesoro” version of the ring, our Piece of the Week, each side of the gold hexagonal nugget has a unique colored gemstone design.




















