“Restrained consumer spending” hit the jeweler hard this holiday season, particularly in the United States, and it is now cutting jobs.
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The online retailing giant known for sacrificing profits for the sake of growth also reported a substantial increase in net income in 2015.
Eva-Lotta Sjöstedt will step into the role as outgoing CEO David Chu focuses on his already existing role of chief creative director.
The “extremely unusual” case of the female jewelry robber continues. Authorities believe she has hit another jewelry store, this one in Tennessee.
Police in Rhode Island are still looking for the 21-year-old man they say took part in an armed robbery at a Providence pawn shop earlier this fall that left the owner with life-threatening injuries.
She allegedly has entered at least three jewelry stores alone and armed and tied up staff before exiting with thousands of dollars in diamond jewelry.
Centurion has outlined the educational program for its upcoming Select show in Dallas, and announced the promotion of Barri Singer to national sales executive.
Instagram ads are now available and Likeable Local’s Evan Seto has a trio of reasons why jewelers should take advantage of this marketing avenue sooner rather than later.
Likeable Local’s Beth Henderson outlines five steps jewelers should take in the new year to reach a wider audience on Facebook, Instagram, etc. and, ultimately, bring in more sales.
According to statistics released by the JBT Monday, the number of retail jewelers who have ceased operations rose again in the third quarter and is up 30 percent year-to-date.
Demand for gold jewelry in the United States rose 2 percent in the third quarter, as consumers continue to buy 10-karat and 14-karat pieces against the backdrop of a “hesitant economic recovery.”
Specifically, it’s the 25 to 44 year olds who are making the largest dents in their shopping lists, possibly using this time to make self-purchases.
The latest Time Inc./YouGov survey on the buying habits of the wealthiest Americans sheds light on what each age group will be giving this holiday season.
Ten retailers from five different sections of the country gave National Jeweler a rundown on what’s been selling in their stores so far this holiday season.
Distinctive Gold Jewelry in Frankfort, Ill. recently surprised a longtime customer by lowering a Concord watch onto her front lawn.

A report released by Gartner projects that global sales of wearable electronic devices will top 200 million units and total nearly $30 billion this year.

The luxury goods conglomerate had success with Bulgari and TAG Heuer’s new smartwatch in 2015, though its CEO acknowledged that global economic “uncertainty” remains.
He’s moving over to another Richemont-owned brand while Audemars Piguet’s Frédérick Martel steps in to head Baume & Mercier’s North American business.
Shortages following a “reasonably good holiday season” in the United States spurred another increase in polished diamond prices, Rapaport said Tuesday.

The diamond miner and marketer said rough diamond sales totaled $540 million in its first sales cycle of the year, more than double the $248 million recorded at the end of 2015.
Editor-in-Chief Michelle Graff shares her thoughts, and others’ memories, of Cindy Edelstein, who was everything to the jewelry industry.
Know somebody in the industry who deserves recognition? Nominate them for one of the Women’s Jewelry Association’s 2016 Awards for Excellence.
The Edge Retail Academy has added a coaching feature, market trending, budget line and loose diamond benchmarking to its Edge Pulse live-feed system.
The brand announced Wednesday that it will launch a new line of men’s and women’s fragrances in an agreement with perfume-maker Coty, which makes scents for Chopard and celebrities such as Beyonce and Katy Perry.
The industry is coming together to help the family of Cindy Edelstein with a college crowdfunding effort for her daughter led by designer Erica Courtney.