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Category: Retail

Asian Star jewelry image

Asian Star Sales Down as Diamond Demand Slumps

Revenue from segment fell 39% year on year in second fiscal quarter.

Hong Kong Luxury Sales Hit by Shift in Spending Patterns

September decrease narrower than previous month’s, with revenue down 18%.
Michael Hill storefront image

Rise in Revenue Boosts Holiday Hopes for Michael Hill

Sales up 4.3% for first 14 weeks of jeweler’s fiscal year.
Podcast David Sherwood image

Podcast: A Fresh Perspective on Synthetics 

David Sherwood, CEO of Daniel’s Jewelers, talks value, grading and credit.
Chow Tai Fook storefront image

Chow Tai Fook Sales Slip in Second Quarter

21% decline was narrower than that of first three months.
Oded Edelman image

James Allen’s Oded Edelman to Leave Signet

Corinne Bentzen will take over as president of digital banners.
Boucheron storefront in Shanghai image

Kering Jewelry Sales Fall Amid Challenging Luxury Market

Segment down 15% year on year in third quarter.
Holiday shopping in a mall image

US Holiday Spending to Reach New Record

Consumers plan to lay out average of $902 each this season, up from $875 in 2023.
Holiday presents under tree image

Black Friday Weekend to See Record-Breaking Sales

Three-day period expected to grow 5% to $75 billion.
Luk Fook jewelry display image

Surging Gold Prices Dent Luk Fook Revenue

29% rise in metal’s value hurt second-quarter sales, as did failing diamond demand.

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