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Inflation Slams Indian Consumers Ahead of Festive Season
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A majority of Indian consumers will be forced to cut spending this festive season in order to meet their monthly expenses as persistently high inflation eats away their disposal income, according to a survey conducted by ASSOCHAM.The survey on "High prices...
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Retail
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Oct 05, 2012
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Dilipp S Nag
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U.S. Consumer Confidence +11% in July
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U.S. consumer confidence rose 11 percent year on year in July to 65.9 points (1985=100), according to The Conference Board. The Expectations Index rose five points to 79.1 and The Present Situation Index increase nearly 10 points...
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Retail
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Aug 01, 2012
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Jeff Miller
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U.S. Consumer Spending is Unchanged in June
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The U.S. consumer spending pattern remained stagnant in June. Gallup reported that consumers spent $70 per day on average, at total that is basically unchanged between June 2011 and 2010. So far in 2012, Gallup revealed...
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Retail
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Jul 06, 2012
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Jeff Miller
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Luxury Spending Report: Lower-Income Affluents Return
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U.S. consumers who are defined by Unity Marketing as ''high earners not rich yet,'' or HENRYs, have returned to the luxury goods marketplace, according to the retail consultancy. Unity Marketing considers HENRYs to have annual incomes...
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Retail
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May 25, 2012
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Jeff Miller
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Number of Online Video Ads Hit a Record in April
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Digital matrix firm comScore Inc. reported that the number of U.S. Internet users who watched online video in April rose 4.9 percent year on year to 181 million. As a point of reference, the U.S. civilian population...
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Marketing
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May 18, 2012
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Ricci Dipshan
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White Pine Trading Reaches Out to Consumers for Diamonds
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White Pine Trading's WPDiamonds.com launched its purchasing operation online that enables consumers to sell their diamonds. U.S. customers submit information about the diamond and/or jewelry online and receive an initial valuation from...
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Retail
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Mar 21, 2012
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Jeff Miller
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U.S. Jewelry Price Inflation +6% in February
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U.S. consumer price inflation (CPI) in February for the jewelry sector jumped 6.4 percent year on year to 182 points, according to government figures released today. The reading was below the record high of 185...
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Retail
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Mar 16, 2012
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Jeff Miller
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Pandora Leads a Paradigm Shift Jewelers Cannot Ignore
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In Unity Marketing's latest "Luxury Tracking" survey, which the research group conducted in January 2012, jewelry brand Pandora emerged as the second-ranked luxury jewelry brand, trailing only Tiffany & Co. Nonetheless, Unity's president...
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Marketing
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Feb 14, 2012
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Jeff Miller
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GIA's 4Cs App for Consumers Now on iTunes
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The Gemological Institute of America (GIA) released its new 4Cs iPad application for consumers, which is available on iTunes. The app helps educate and engage consumers on the 4Cs—color, clarity, cut and carat weight—of...
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Technology
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Nov 22, 2011
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Ricci Dipshan
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Diamond News Broadcast
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Download MP3 audio.The National Retail Federation (NRF) noted the official start of Christmas buying season 2011 with its list of "Top 10 Holiday Trends" to help retailers with their selling strategy. The NRF looked...
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Retail
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Nov 02, 2011
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Rapaport News
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Diamond News Broadcast
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Global luxury goods sales have continued 2010’s double-digit growth trajectory and will see an increase of 10 percent, to €191 billion in 2011, according to Bain & Company in the 10th Edition of its industry bellwether “Luxury Goods...
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Research
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Oct 26, 2011
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Rapaport News
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Manufacturing
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Oct 03, 2011
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Jeff Miller
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Marketing
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Oct 03, 2011
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Jeff Miller
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New Platinum Campaign Targets Millennial Consumers
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The Platinum Guild International-USA (PGI-USA) will launch a multimedia campaign this October specifically meant to attract the millennial consumer. This campaign represents a new direction for PGI-USA, introducing positioning that resonates with emotion...
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Marketing
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Sep 27, 2011
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Jeff Miller
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Consumer Confidence Reading Hits 28-Month Low
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The Conference Board Consumer Confidence Index® fell in August to its lowest level since April 2009 at 44.5 points. One year ago, the index registered 53.2 points. The Present Situation Index, however, rose 34 percent year on year to 33.3 points, which was the only positive...
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Research
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Aug 30, 2011
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Jeff Miller
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Itemize.com's Shopping Agent to Reduce 'Deal Fatigue'
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Itemize.com launched a digital personal shopping agent that recognizes, extracts and analyzes detailed consumer receipts and uses that data to build an individualized shopping profile called ShoppingDNA. The application ''learns and adapts'' to the consumer’s changing needs through ongoing purchase analysis, according to the company....
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Marketing
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Aug 08, 2011
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Jeff Miller
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U.S. Jewelry CPI +9%
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The U.S. consumer price index (CPI) for jewelry in the month of May jumped 8.5 percent year on year to 174.72 points, marking the fifth consecutive month with a reading greater than 170 points. The...
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Research
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Jun 20, 2011
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Jeff Miller
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U.S. Jewelry CPI +10%, Sets Record in April
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The U.S. consumer price index (CPI) for jewelry hit yet another record high in 2011, this time for the month of April. The CPI jumped 9.6 percent year on year to 175.49 points and...
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Research
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May 13, 2011
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Jeff Miller
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U.S. Department Store Sales Flat in April at $14B
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(RAPAPORT) U.S. department store sales in April 2011 were flat at $14.3 billion on an unadjusted basis compared with April 2010. On an adjusted basis however, the figure dropped 1.9 percent to $15.3 billion, according to the government....
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Research
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May 12, 2011
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Jeff Miller
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Bain Predicts Luxury Sales to Surge 8% in 2011
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(RAPAPORT) Luxury goods sales are projected to grow 8 percent in 2011 to approximately $275 billion (EUR 185 billion), according to a new report by Bain & Company. The global consulting firm cited strong first quarter momentum...
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Research
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May 03, 2011
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Jeff Miller
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