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jewellery sales

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Signet maintains guidance despite declining jewellery sales
Blog

Signet maintains guidance despite declining jewellery sales

Signet Jewelers has reported decreased sales in the second quarter as US consumer spending continues to decline. Revenue for Signet declined by eight per cent, reaching $US1.61 billion ($AU2.49…

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September 3, 2023
US network overtakes Australia: Record jewellery sales for Lovisa
Blog

US network overtakes Australia: Record jewellery sales for Lovisa

Lovisa has expanded into 12 new markets, opening 210 new stores for a total of 801 worldwide. New markets include Hong Kong, Taiwan, Namibia, Botswana, Mexico, Italy, Romania,…

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August 27, 2023
Michael Hill to launch new high-end diamond jewellery brand
Blog

Michael Hill to launch new high-end diamond jewellery brand

Michael Hill International has announced plans to launch a new jewellery brand targeting high-end consumers called TenSevenSeven. TenSevenSeven will be launched in the first half of next year, focusing…

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August 27, 2023
Supply issues prompt sales decline for Watches of Switzerland
Blog

Supply issues prompt sales decline for Watches of Switzerland

Watches of Switzerland recorded a two per cent decline in sales in the opening quarter off the back of supply issues in the UK. Sales reached £382 million ($AU761.6…

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August 16, 2023
Jewellery sales decline in July, consumer confidence on the rebound
Blog

Jewellery sales decline in July, consumer confidence on the rebound

The latest analysis from Retail Edge highlighted declining sales across more than 400 Australian independent jewellery stores, despite recent positive trends in consumer confidence. The data from July showed…

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August 6, 2023
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