Neiman Marcus, Inc. has announced its preliminary company-wide revenues for February 2010, with the jewelry merchandise category in the Specialty Retail Stores segment being one of the strongest performing.
In the four-week February period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, increased 5.1 percent. Revenue growth trends [...]
Americas
Jewelry One of Neiman Marcus’ Strongest Performing Merchandise Categories
Africa
U.S Diamond Jewelry Accounts for 55% of Total Jewellery Sales Says New Report
The report ‘Worldwide Jewelery Market Demand and Opportunities’ covers global gems and jewellery industry structure, market size, trends and opportunities prevailing. In terms of geography the report covers the United States, which accounts for the largest percentage of the market, European Union including Romania, Bulgaria and Germany.
The structure of the jewellery industry is global in [...]
Americas
QVC Japan Sees Decrease in Jewelry Sales in Q4 2009; Increase in Jewelry Sales for Financial Year 2009
pQVCs consolidated revenue increased 14% in the fourth quarter to $2.4 billion and 1% to $7.4 billion for the year. Adjusted OIBDA increased 27% to $530 million in the fourth quarter and 4% to $1.6 billion for the year, while operating income increased 40% and 7%, respectively. br /
With respect to QVCs domestic business, [...]
Company News
LVMH Moet Hennessy Louis Vuitton Launches Nowness.com
pLuxury group LVMH Moet Hennessy Louis Vuitton has introduced its exciting new web platform, NOWNESS.com, which will showcase an exclusive daily premiere of the most inspiring stories influencing contemporary arts and global lifestyle./p
pldquo;NOWNESS has a distinct advantage in that our software is capable of assessing our usersrsquo; interests and tailoring our recommendations for stories to [...]
Americas
Zale Had Net Earnings of $6.7 Million in Second Quarter Fiscal 2010
Zale Corporation (NYSE: ZLC) had net earnings of $6.7 million, or $0.21 per share, for the second fiscal quarter ended January 31, 2010, compared to a net loss of $31.8 million, or $1.00 per share, in the comparable period in fiscal 2009. Aggregate revenues were $582 million, a decrease of 14.3% compared to $679 million [...]
China
Diamond Imports for Local Chinese Consumption in 2009 Increases 16.4% Making China 2nd Largest Diamonds Consumer Market
Diamond imports for local consumption in China reached a record high of $699 million in 2009, increasing 30.7% compared to 2008, making mainland China the world’s second-largest diamond consumption market after the United States.
China’s diamond imports, diamond exports and diamond trade via the Shanghai Diamond Exchange (SDE) exceeded a record high of US$1.5 billion in [...]
Africa
New report Covers Worldwide Jewelry Market Demand and Opportunities
Research and Markets has announced the addition of the “Worldwide Jewelry Market Demand and Opportunities” report to their offering.
The report covers global gems and jewelry industry structure, market size, trends and opportunities prevailing. In terms of geography the publisher has discussed United States, which accounts for the largest percentage of the market, European Union including [...]
Canada
Jenn Heil, Birks Jewelry Store’s Brand Ambassador, Wins Olympic Silver Medal in Freestyle Skiing at Vancouver 2010 Winter Olympic Games
Jenn Heil, BIRKS’ first ever brand ambassador, garnered an Olympic Silver medal in Freestyle Skiing, Moguls, at the Vancouver 2010 Winter Olympic Games. BIRKS congratulates Jenn on winning the first medal for Canada at the 2010 Winter Games.
“Well done Jenn! This world class athlete has another medal to add to her collection and all of [...]
Americas
Zale Corporation Retains Peter J. Solomon Company
Zale Corporation (NYSE: ZLC) today announced that it has hired Peter J. Solomon Company, a leading independent investment banking advisory firm to the retail industry, to advise the Company in identifying and analyzing alternatives to maximize its financial flexibility.
Zale Corporation is a leading specialty retailer of diamonds and other jewelry products in North America, operating [...]
Americas
Joan Collins (Alexis From Dynasty) In Ad Campaign for Alexis Bittar Jewelry
Actress Joan Collins, well-known for her role as Alexis Carrington in Dynasty in the 1980s, is presenting an ad campaign for the Alexis Bittar jewelry line.
“I’m thrilled to have her represent the line because she deserves credit (and hasn’t received it) for much of the 80’s fashion that is mimicked today. When I think ‘Opulence’, [...]
Americas
Macy Run Valentine’s Day Diamonds Contest Using Twitter
This Valentine’s Day is all about the “Sweetest Tweets,” original love notes in 140 characters or less that epitomize modern romance. Macy’s invites the lovestruck to tweet their most romantic words of love this Valentine’s Day for a chance to be gifted with diamonds. From February 1st through February 13th, Macy’s will award a diamond [...]
Company News
Rio Tinto Diamonds Sales Dates For 2010
Rio Tinto Diamonds sells rough diamonds in large volumes to a number of specialist customers. The relationship between Rio Tinto Diamonds and its customers is based on mutual understanding and trust, and is long-term in nature.
Rio Tinto Diamonds customers benefit by receiving a regular supply of consistently assorted rough diamonds. Consistency of assortments and allocations [...]
