More Than 900 Jewelry Businesses Shut Last Year, JBT Says
Jewelers Board of Trade (JBT) statistics show that 932 North American jewelry businesses discontinued operations in 2019—a 12.4% drop from 2018,...
Signet’s Holiday Comps Rise, Particularly Online
Signet's comps grew this holiday—though an increasing amount of its customers weren't at the mall, but on their couch.
The company...
Tiffany’s Temporary Flagship Is Essentially the World’s Swankiest Pop-Up
Tiffany & Co. is busy renovating its legendary Fifth Avenue flagship space, a project it announced in 2018 that's scheduled to wrap up in late...
Rolex Raises Its Watch Prices an Average of 3.4%
Rolex has given itself a raise.
At the beginning of the year, the Swiss watch company raised U.S. prices on its much-coveted watches by an...
Phillips Appoints Paul Redmayne as Head of Private Sales, Jewelry
Auction house Phillips has announced that Paul Redmayne (pictured) will join its international jewelry team as head of private sales, jewelry.
In...
Tiffany Places Ads Calling for Climate Action in Australia
As the worst wildfires Australia has seen in decades continue to burn, Tiffany & Co. has placed full-page ads in Australia’s two largest...
Macy’s Announces It Will Shutter Roughly 30 Stores
Macy's Inc. announced Wednesday that it will shutter nearly 30 stores following a holiday sales slump that saw comparable store sales for November...
J.C. Penney’s Holiday Sales Were Abysmal
J.C. Penney's woes continue.
The ailing department store chain announced today that its comparable store sales for the holiday season—the...
Amazon Planning Luxury Goods Platform, Report Says
Amazon is planning to roll out a digital shopping platform that will let high-end luxury brands run their own virtual stores, according to a report...
Robbins Brothers Appoints New CEO
Robbins Brothers has named Marc Friedant (pictured) its new chief executive officer. He replaces Andy Heyneman, who served as a top company executive...