Category: Retail

High gold prices and significant drop in demand for natural-diamond jewelry hurt sales.
There is some optimism that a positive US shopping season will stimulate trading to reduce inflated inventory levels.
Strong employment market and falling energy prices also boost spending.
Over half of those the NRF surveyed cited deals too good to pass up.
Is it as simple as tax cuts and trickle-down economics?
Owner of Tanishq and CaratLane has always stood firm that its customers prefer natural.
Sales for third quarter down 13% year on year.
Revenue from segment up 2% even as total sales fell 1% year on year in first half.
Retail sales and consumer confidence appear to be in good shape.
Jeweler has also increased the number of new stores it intends to open in 2024.

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