|
|
|
Macy's, JCP, Target, Others Sue Visa, MasterCard Over Swipe Fees
|
|
A number of major U.S. retailers sued Visa and MasterCard over swipe fees, ahead of a May 28 deadline for retailers to opt in, or out, of a $7.25 billion proposed settlement on this same issue. Plaintiffs, including Macy's, Target,...
|
|
|
Financial-Legal
|
May 24, 2013
|
Jeff Miller
|
|
|
|
|
|
LVMH's Watches & Jewelry Sales -1%
|
|
LVMH Moët Hennessy Louis Vuitton reported that sales rose 6 percent year on year to $9 billion (EUR 6.95 billion) in the first quarter that ended on March 31. Same-store sales rose 7 percent. The luxury group...
|
|
|
Retail
|
Apr 16, 2013
|
Jeff Miller
|
|
|
|
|
|
EU Eases Sanctions on Zimbabwe
|
|
The foreign affairs council of the European Union (EU) suspended a travel ban on six members of Zimbabwe's government and agreed to remove 21 people and one company from its sanctions list. The names were not...
|
|
|
Fair Trade
|
Feb 18, 2013
|
Jeff Miller
|
|
|
|
Retail
|
Oct 04, 2012
|
Dilipp S Nag
|
|
|
|
|
|
LVMH Welcomes EC Job Creation Plan
|
|
An advisory board created by the European Commission (EC) from the fashion and luxury goods industries laid out its recommendations to officials in an effort to increase global competitiveness. Specific policy recommendations for E.U. action involve...
|
|
|
Retail
|
Jun 19, 2012
|
Jeff Miller
|
|
|
|
|
|
Rough Prices to Remain Flat in 2012 Says BMO
|
|
Rough diamond prices are likely to remain flat at current levels in 2012 given near-term economic uncertainty, BMO Capital Markets projected.“The 2012 outlook for rough diamond prices appears to be more muted,” said BMO analysts...
|
|
|
Rough Markets
|
Jun 11, 2012
|
Dilipp S Nag
|
|
|
|
|
|
Fiera di Vicenza Signs Pact With Dubai's DWTC
|
|
Fiera di Vicenza, an Italy-based exhibition management company, signed a cooperation agreement with Dubai World Trade Centre (DWTC), which enables Fiera di Vicenza to act as the center's representative for jewelry, gold and watchmaking at the exhibition...
|
|
|
Marketing
|
May 18, 2012
|
Dilipp S Nag
|
|
|
|
|
|
Richemont's FY Sales +29%, Profit +43%
|
|
Richemont reported that group sales rose 29 percent year on year to $11.39 billion (EUR 8.87 billion) during the retailer's fiscal year that ended on March 31. Revenue growth was driven by higher demand from...
|
|
|
Retail
|
May 16, 2012
|
Dilipp S Nag
|
|
|
|
Polished Markets
|
Mar 06, 2012
|
GJPEC
|
|
|
|
|
|
Economic Concerns May Hurt India’s Gems & Jewelry Exports
|
|
Ongoing global economic uncertainties are expected to impact India’s gems and jewelry sector, with operating margins for diamond cutting projected to remain under pressure, warned Credit Analysis & Research Ltd. (CARE Ratings)....
|
|
|
Polished Markets
|
Dec 28, 2011
|
Dilipp S Nag
|
|
|
|
|
|
India Urges Exporters to Explore New Markets
|
|
India’s Commerce Secretary, Rahul Khullar, urged Indian exporters to diversify their presence in new markets like Africa and Latin America as the global economic environment is unlikely to improve in the near future.“The external environment is not...
|
|
|
Marketing
|
Dec 22, 2011
|
Dilipp S Nag
|
|
|
|
|
|
GJEPC Inaugurates Indo-Euro Summit in Mumbai
|
|
The Gem & Jewellery Export Promotion Council (GJEPC) on Tuesday inaugurated the third edition of its Indo-Euro Summit in Mumbai. The two-day summit will include a series of high-level meetings between the top European retailers...
|
|
|
Marketing
|
Nov 15, 2011
|
Dilipp S Nag
|
|
|
|
|
|
GJEPC to Hold Indo-Euro Jewellery Summit in November
|
|
The Gem & Jewellery Export Promotion Council (GJEPC) will hold the third edition of Indo-Euro Jewellery Summit from November 15 to 20, 2011 in Mumbai. The summit will include a series of high-level meetings between the...
|
|
|
Retail
|
Oct 24, 2011
|
Dilipp S Nag
|
|
|
|
|
|
RJC Certifies Dalumi
|
|
The Responsible Jewellery Council (RJC) congratulated Dalumi Europe BVBA for becoming its latest member to achieve certification as established by the RJC’s Member Certification System. Peter Warbrick from SGS, an independent, third-party auditing firm,...
|
|
|
Marketing
|
Sep 19, 2011
|
Jeff Miller
|
|
|
|
|
|
Pandora Sales +93% in 2010, Profits +86%
|
|
Pandora reported revenue of $1.3 billion (DKK 6.67 billion) for the fiscal year that ended December 31, 2010, representing a sales increase of 93 percent from 2009. Net profit rose 86 percent to $354.5 million (DKK...
|
|
|
Financial-Legal
|
Mar 18, 2011
|
Jeff Miller
|
|
|
|
|
|
Tiffany Appoints Cumenal as Executive Vice President
|
|
Tiffany & Co appointed Frederic Cumenal as its executive vice president effective March 10, 2011, the company announced today. Cumenal, 51, will head Tiffany’s businesses in Asia, Japan, Europe and emerging markets and...
|
|
|
Retail
|
Mar 02, 2011
|
Deena Taylor
|
|
|
