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CPM Group study projects rising silver prices
New York—The CPM Group has released the 2008 update to its Silver Long-term Outlook market study, which forecasts higher silver prices over the next decade due to increased supply coupled with...
September 26, 2008 | National Jeweler Network
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Investor increases stake in Tiffany
New York—An activist investor is buying up shares of another long-standing, well-known U.S. retail jewelry chain.
January 18, 2008 | National Jeweler Network
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U.S. gold jewelry demand decreases in 2007
London—A 4 percent increase in gold demand coupled with a price that raced toward the long-held $850 per ounce record, created a record-breaking $79 billion demand for gold in 2007, the World...
February 13, 2008 | National Jeweler Network
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Signet looking to leap from LSE to NYSE
London—Signet Group PLC is recommending to shareholders that it move its listing from the London Stock Exchange (LSE) to the New York Stock Exchange (NYSE).
July 10, 2008 | National Jeweler Network
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Court approves Signet switch to NYSE
London—A court approved Signet Group Plc's request to switch its primary listing from the London Stock Exchange to the New York Stock Exchange (NYSE), Signet announced on Monday.
September 09, 2008 | National Jeweler Network
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Harry Winston debuts on the NYSE
New York—Securities for diamond giant Harry Winston started trading today on the New York Stock Exchange (NYSE) under the ticker symbol HWD.
November 19, 2007 | National Jeweler Network
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Survey: U.S. consumers reduce spending to combat gas prices
Schaumburg, Ill.—Nearly half (49 percent) of U.S. consumers are reducing their spending to compensate for rising gas prices, up four points from June 2007, according to new research from The...
January 15, 2008 | National Jeweler Network
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Full-featured Turtle cell phone fits on your wrist
Turtle Wireless will display its TWP-800 at the Consumer Electronics Show and officially launch it in the Latin American market on Jan. 13, according to Mobile Magazine.
January 02, 2008 | National Jeweler Network
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Bidz.com repurchases about 1.16 million shares
Culver City, Calif.—Bidz.com Inc., as of Aug. 19, 2008, has repurchased about 1.16 million shares of its common stock in the open market for approximately $10 million, at an average price of...
August 22, 2008 | National Jeweler Network
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Study: Gas prices disrupt U.S. consumer spending
Schaumburg, Ill.—Dramatic fluctuations in gas prices are disrupting U.S. consumer spending, leaving shoppers with less money to spend at retail and on entertainment and dining out, according to...
April 17, 2008 | National Jeweler Network
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Gold tops $900 an ounce
New York—High oil prices, a weak dollar and fears of a U.S. recession continue to push the price of gold skyward.
January 15, 2008 | National Jeweler Network
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Shareholder focus may weigh on Target's debt
A new $10 billion share repurchase plan may weigh on Target Corp.'s debt spreads, Reuters reported.
February 27, 2008 | National Jeweler Network
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Richemont reports 13 percent sales increase
Geneva—Sales for luxury goods company Richemont increased 13 percent in actual exchange rates (20 percent on a constant exchange rate basis) in the first three months of its current fiscal...
July 16, 2008 | National Jeweler Network
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Study: Luxury consumers to save tax rebates
Stevens, Pa.—Luxury retailers might be disappointed when tax rebate checks arrive, as only 11 percent of affluent consumers plan to spend them on a shopping spree, a new Unity Marketing survey...
May 02, 2008 | National Jeweler Network
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Dalumi preps for U.S. expansion
Ramat Gan, Israel—Diamond Trading Co. sightholder the Dalumi Group is readying itself to expand its distribution to the Indian and Russian markets, and it has also opened an office in Los...
February 12, 2008 | National Jeweler Network
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September sales see slight gain
New York--U.S. chain store sales increased 1 percent in September, compared with the same period last year, marking the slowest September since the 9/11 terrorist attacks spurred a cutback in consumer...
October 12, 2008 | National Jeweler Network
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Weak dollar, investors to push gold prices higher
New York—Two industry experts predicted gold prices would push past $1,100 an ounce in the coming year, fueled by a weak U.S. dollar and growing inflation fears.
March 04, 2008 | National Jeweler Network
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Sears to cut 200 staffers
Sears Holding Corp. is cutting about 200 jobs at its headquarters, but unlike other retailers who have recently announced lay offs, slow holiday sales are not the primary reason, the Chicago Tribune...
February 13, 2008 | National Jeweler Network
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Gold demand rises in 3Q despite high prices
New York—The ongoing financial crisis directly impacted the global gold market in the third quarter of 2007, with investors rather than jewelry buyers pushing total demand to a new record of...
November 14, 2007 | National Jeweler Network
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September sales see slight gain
New York—U.S. chain store sales increased 1 percent in September, compared with the same period last year, marking the slowest September since the 9/11 terrorist attacks spurred a cutback in...
October 10, 2008 | National Jeweler Network
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