TechnologyFeb 06, 2016
Amazon moves record number of units on ‘Prime Day’But the e-tailer isn’t being specific about the dollar amount of merchandise sold, and the reaction on social media was less than favorable.
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Policies & IssuesFeb 06, 2016
AML Alert: Check lists of countries with deficienciesThe Jewelers Vigilance Committee advises that companies monitor the Financial Action Task Force’s lists of countries that aren’t completely cooperative with international anti-money laundering efforts.
Policies & IssuesFeb 06, 2016
Andrew Bone to lead the RJCThe Responsible Jewellery Council has named longtime De Beers executive Andrew Bone as its executive director.
Policies & IssuesFeb 06, 2016
5 Points on the Proposed Changes to the FTC GuidesThe Federal Trade Commission has issued proposed revisions to its Guides for the Jewelry Industry. Here are a few key things to know about them.
FinancialsFeb 06, 2016
Blue Nile to open 3 to 4 more storesCEO Harvey Kanter said the company’s first standalone brick-and-mortar location is “exceeding expectations” and they plan to get additional stores open in the first half of 2016.
CollectionsFeb 06, 2016
Movado makes its smart moveThe watch company has teamed up with Silicon Valley companies HP and Fullpower Technologies Inc. to create two different smartwatches.
FinancialsFeb 06, 2016
Movado’s Q3 sales slip 2 percentThough sales and income fell slightly, Movado Group said its brands “outperformed” other watches in what its CEO described as an “extremely challenging retail environment.”
FinancialsFeb 06, 2016
Signet Says Two-Stone Ring a ‘Grand Slam’Signet Jewelers Ltd. reported a 5 percent increase in same-store holiday sales, driven by bridal and fashion diamond jewelry, particularly “Ever Us.”
FinancialsFeb 06, 2016
Richemont Says Sales in the Americas ‘Subdued’They slid 3 percent at constant exchange rates, with sales growth by Van Cleef and Cartier offset by soft demand for watches.
FinancialsFeb 06, 2016
Tiffany’s Holiday Comps Down 5 Percent“Restrained consumer spending” hit the jeweler hard this holiday season, particularly in the United States, and it is now cutting jobs.
FinancialsFeb 06, 2016
Amazon Passes $100B in SalesThe online retailing giant known for sacrificing profits for the sake of growth also reported a substantial increase in net income in 2015.
MajorsFeb 06, 2016
Georg Jensen Names New CEOEva-Lotta Sjöstedt will step into the role as outgoing CEO David Chu focuses on his already existing role of chief creative director.
CrimeFeb 06, 2016
JSA: Female armed robber strikes againThe “extremely unusual” case of the female jewelry robber continues. Authorities believe she has hit another jewelry store, this one in Tennessee.
CrimeFeb 06, 2016
Suspect remains at large in RI armed robberyPolice 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.
CrimeFeb 06, 2016
The ‘extremely unusual’ case of the female robberShe allegedly has entered at least three jewelry stores alone and armed and tied up staff before exiting with thousands of dollars in diamond jewelry.
Events & AwardsFeb 06, 2016
Q&A on brands, merchandise to lead Centurion showCenturion has outlined the educational program for its upcoming Select show in Dallas, and announced the promotion of Barri Singer to national sales executive.
TechnologyFeb 06, 2016
3 Reasons to Jump on the Instagram Ads BandwagonInstagram 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.
TechnologyFeb 06, 2016
5 Social Media Resolutions for 2016Likeable 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.
SurveysFeb 06, 2016
No. of jewelers closing continues to riseAccording 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.
SurveysFeb 06, 2016
Gold jewelry demand inches up in Q3Demand 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.”
SurveysFeb 06, 2016
Holiday shoppers getting a head startSpecifically, 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.
SurveysFeb 06, 2016
Survey: Millennials Prefer More Personal GiftsThe 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.
SurveysFeb 06, 2016
What’s Selling in Jewelry Stores in DecemberTen 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.
IndependentsFeb 06, 2016
Chicago-Area Jeweler Delivers Using a DroneDistinctive Gold Jewelry in Frankfort, Ill. recently surprised a longtime customer by lowering a Concord watch onto her front lawn.
SurveysFeb 03, 2016
Wearable Purchases to Increase 18 Percent in 2016A report released by Gartner projects that global sales of wearable electronic devices will top 200 million units and total nearly $30 billion this year.
