JCK 5: Slight Christmas



Publicly listed jewelers’ financial results for the 2013 holiday season showed only low- to mid- single-digit growth:1. Tiffany & Co. saw worldwide net sales rise 4 percent to $1.03 billion during November and December, while global comps rose 6 percent. Comps in the Americas rose 7 percent.2. Zale Corp. announced a 2 percent jump in comp sales this holiday, with good growth from its Zales stores, but a drop in sales at Piercing Pagoda and Gordon’s.3. Birks Group’s U.S. holiday comps increased 2 percent, while same-store sales at its Canadian division dropped 3 percent.4. Pandora Group said sales at its U.S. concept stores jumped 5.5 percent during 2013.5. Signet Jewelers’ comp sales rose 5 percent during the holiday season. Comps at Kay and Jared both grew by 5.6 percent, while same-store sales at Signet’s regional brands fell 2.3 percent.
JCK PRO

This content is exclusive to JCK Pro subscribers. Subscribe now to access this and much more with discount code GOPRO21 for $199 for an entire year of access (reg. $249).

SUBSCRIBE TO CONTINUE

Already a JCK Pro? Log in

A JCK Pro subscription is your all-access pass to people and resources on the
cutting edge of the retail jewelry industry, from the industry authority you
know and trust

Learn about the Perks of JCK Pro

Log Out

Are you sure you want to log out?

CancelLog out