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Category: Retail

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US Retail Sales Rebound in March Amid Tariff Fears 

Consumers stocked up to avoid higher prices from looming taxes.
Sir Michael Hill portrait

Michael Hill Founder Temporarily Steps Down from Business 

Former chief operating officer Andrea Slingsby will take his place on the board until he returns.
Tiffany & Co. store in Tokyo image

Jewelry Only Positive Segment for LVMH at Start of Year 

Revenue for division up 1% as Tiffany sees “excellent growth.”
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Signet Expects Its Vendors to Stand By Agreed Pricing Despite Tariffs 

Jeweler won’t accept cost changes to either in-progress or confirmed future purchase orders.
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Titan Ends Year with ‘Robust’ Growth Amid Increased Gold Prices

Solitaire diamond segment also saw a turnaround during fourth quarter.
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NRF Predicts Rebound in US Retail Sales for 2025

Total will rise as much as 3.7% this year versus 3.6% in 2024, says trade body.
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Hong Kong Luxury Sales Show Slight Improvement in February 

Revenue from jewelry, watches, clocks and valuable gifts down 14% compared to 18% the month before.
Chow Sang Sang store in Hong Kong image

Chow Sang Sang Closes Stores Amid Market Challenges 

Low diamond demand and high price of gold led to 15% decline in 2024 sales.
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Diamonds, Brands and Fashion Jewelry: Signet’s New Strategy 

Five takeaways from CEO J.K. Symancyk’s turnaround plan.
Jewelry by designer Monique Lhuillier at a Kay Jewelers launch event image

Signet to Close Stores, Centralize Diamond Sourcing 

Retailer unveils new strategy to revive growth following sales dip.

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