|
Mining
|
Jun 03, 2010
|
Rapaport
|
|
|
|
Finlay's Cumulative Loss at $100M
|
|
In filing its monthly financial report to U.S. bankruptcy court, Finlay Enterprises reported that its April accounts receivable of $1.3 million from Gottschalks and merchandise sales combined came to $80,000. The company's cash on hand at the end of the month totaled $83.2 million, down from $86.2...
|
|
|
Financial-Legal
|
Jun 01, 2010
|
Jeff Miller
|
|
|
|
Retail Bulletin
|
|
Consumer Confidence UpThe Conference Board Consumer Confidence Index® increased to 63.3 in May 2010 from 57.7 in April, its third consecutive monthly gain. Lynn Franco, the director of the Conference Board Consumer Research Center, commented that the Index “appears to be gaining some traction.” Consumers saying...
|
|
|
Retail
|
Jun 01, 2010
|
Rapaport
|
|
|
|
Research
|
May 06, 2010
|
Rapaport
|
|
|
|
Finlay Posts $2M Net Loss for March 2010
|
|
Finlay Enterprises posted a net loss of $2.4 million in March 2010, according to the 8-K form it filed with the U.S. Securities and Exchange Commission (SEC) on May 3. The jewelry retailer, which filed for Chapter 11 in August 2009, collected cash from liquidation sales totaling $12.2 million...
|
|
|
Retail
|
May 03, 2010
|
Avi Krawitz
|
|
|
|
Market Comments 4/1/2010
|
|
Trading centers quiet due to Passover and Easter holidays. ALROSA 1Q production -7.6% to 8.5m cts with sales of $925m and net profit of $62.2m vs. net loss of $455.6m in '09; planning $882m 5-year bond offering in 2Q. Harry Winston 4Q group sales +13% to $133.7m, operating loss of $3.1m...
|
|
|
|
|
Mining
|
Apr 01, 2010
|
Rapaport
|
|
|
|
Retail Bulletin
|
|
The consumer price index (CPI) for jewelry in the U.S. was flat in February 2010 compared with one year ago, according to data provided by the Bureau of Labor Statistics (BLS). The February reading of 155.533 points was 0.074 points lower than in 2009, representing the first...
|
|
|
Retail
|
Apr 01, 2010
|
Rapaport
|
|
|
|
Finlay Enterprises Posts $4M Net Loss for Feb.
|
|
Finlay Enterprises posted a net loss of $3.8 million for February 2010, according to a Security Exchange Commission (SEC) filing. The jewelry retailer, which filed for Chapter 11 in August 2009, reported merchandise sales of $1.1 million for the month and collected $8.9 million in receipts. Its cash...
|
|
|
Retail
|
Mar 31, 2010
|
Avi Krawitz
|
|
|
|
The Retail Opportunity
|
|
Tiffany & Co.’s chief executive officer (CEO), Michael Kowalski, prefaced his comments during the company’s conference call on Monday by saying, “For much of [2009], the luxury industry, and especially the jewelry sector, felt the severe impact from reduced spending.” However, he continued, “It...
|
|
|
Retail
|
Mar 25, 2010
|
Avi Krawitz
|
|
|
|
Market Comments 3/4/2010
|
|
India market hot. Prices firming as trade looks forward to Hong Kong show. JA-NY shows slight improvement but U.S. suppliers fearful about higher market prices. Rough market slows on concern that high prices cannot be sustained. ALROSA sells $667m in Jan. and Feb. Berkshire Hathaway...
|
|
|
|
|
Research
|
Mar 04, 2010
|
Rapaport
|
|
|
|
Finlay Posts $6.5M Net Loss for January
|
|
Finlay Enterprises reported a net loss of $6.45 million in January after failing to record any sales for the month. The jewelry retailer's loss since filing Chapter 11 in August 2009 stood at $91.5 million, while its total sales have reached $236.13 million since then, the company reported in a filing submitted to the...
|
|
|
Retail
|
Mar 01, 2010
|
Jeff Miller
|
|
|
|
Mining
|
Feb 05, 2010
|
Rapaport
|
|
|
|
Market Comments 2/5/2010
|
|
Polished markets under pressure to increase prices due to speculatively high rough prices. Rough producers are creating artificial shortages which are driving up prices that are fueling speculative cycle. Far East trade quiets as wholesalers start Chinese New Year vacations with prices below that...
|
|
|
|
|
Finlay Enterprises Sells $122M in Dec.
|
|
Finlay Enterprises sold $122 million worth of merchandise during December 2009, the jewelry company reported in a filing submitted to the U.S. Bankruptcy Court in New York. The company's repair sales totaled $537,000, bringing its total revenues for the month to $122.5 million. Filings for previous months reflected...
|
|
|
Retail
|
Jan 31, 2010
|
Avi Krawitz
|
|
|
|
Diamond News Broadcast
|
|
Signet, Tiffany & Co., and Zale reported how stores performed during Christmas 2009, with only Zale coming in negative from one year ago. However, due to the ever changing retail landscape one year comparisons don't provide a good measure of the long-term market trends...
|
|
|
Research
|
Jan 13, 2010
|
Rapaport News
|
|
|
|
Rapaport TradeWire - Friday, January 01, 2010
|
|
Rapaport TradeWire® Friday, January 01, 2010 News: Reports show U.S. holiday jewelry sales +5.6% while sales of other luxury goods flat. U.S. consumer confidence improves in December on better short-term business outlook. Trading centers quiet but cutters hopeful retailers will restock with strong...
|
|
|
Mining
|
Jan 01, 2010
|
Rapaport
|
|
|
|
Market Comments 1/1/2010
|
|
Reports show U.S. holiday jewelry sales +5.6% while sales of other luxury goods flat. U.S. consumer confidence improves in December on better short-term business outlook. Trading centers quiet but cutters hopeful retailers will restock with strong orders early in New Year. Finlay Enterprises sells...
|
|
|
|
|
Mining
|
Dec 31, 2009
|
Avi Krawitz
|
|
|
