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NRF Forecasts Retail Sales Will Increase in 2015
The National Retail Federation (NRF) forecast that retail industry sales, which exclude automobiles, gas stations and restaurants, will increase 4.1 percent in 2014. Non-store sales in 2015 are forecast to grow between 7 and...
Research Feb 12, 2015 Jeff Miller
CES Showcases Wearable Tech From Swarovski, Withings, Logbar, Garmin
The Consumer Electronics Show (CES) taking place in Las Vegas this week will attract more than 160,000 attendees before it closes on January 9 and has already been making headlines with new wearable accessories,...
Technology Jan 06, 2015 Jeff Miller
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NRF: Congress Must Pass Data Breach Notification Standards
The National Retail Federation (NRF) along with 43 other organizations urged U.S. Congress to immediately pass a comprehensive breach notification law to establish a national standard for notifying consumers when a business suffers a security breach involving...
Financial-Legal Nov 07, 2014 Jeff Miller
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U.S. Affluent Households Adopt Austerity Measures
U.S. retailers that market to affluent households will need to be at the top of their game this year to convince consumers to spend. Affluent consumer confidence dropped in April to levels that have not been seen since late...
Research May 06, 2014 Jeff Miller
Jewelry Prices
U.S. Jewelry Price Inflation +4% in July
The U.S. consumer price index (CPI) for jewelry posted its largest increase in 16 months, rising 4.3 percent year on year to 180.9 points in July. However, for the first seven months of 2013, the jewelry...
Research Aug 15, 2013 Jeff Miller
Shopping Mall
U.S. Consumer Confidence Levels Off
U.S. consumer confidence has leveled off in recent weeks, according to the Gallup Organization, as signs from the nation's economy turn mixed compared with early June. Nonetheless, Gallup observed that consumer confidence remains...
Research Jul 10, 2013 Jeff Miller
The Rapaport Certification Conference
The Rapaport Certification Conference, now in its fourth year, explores the current state of diamond certification and grading laboratories. This conference is an opportunity for viewers to learn about the nuances and standards of grading used...
Research Jun 12, 2013 Rapaport News
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Varda Shine Discusses Liquidity Concerns, Diamond Prices and Demand
De Beers rough prices have increased by mid- to high-single digit percentages since the beginning of 2013, Varda Shine, De Beers executive president of global sightholder sales, told Rapaport News. She added that certain categories of rough...
Rough Markets Jun 01, 2013 Rapaport News
Majority of U.S. Consumers to Adjust Discretionary Spending Lower
The National Retail Federation's (NRF) annual ''tax returns'' survey, conducted by BIGinsight, revealed that 73.3 percent of U.S. consumers claimed their spending plans have taken a hit due to the expiration of a temporary payroll tax...
Retail Feb 21, 2013 Jeff Miller
PCJ Diamond Jewelry
PC Jeweller to Increase Focus on Diamond Jewelry
India’s PC Jeweller Ltd. (PCJ) plans to enhance its focus on diamond jewelry given their higher profit margins and as consumers' buying behavior is increasingly shifting towards diamond jewelry from gold jewelry.PCJ on Thursday reported sales...
Retail Feb 08, 2013 Dilipp S Nag
Shopping Mall
India’s Luxury Market May Grow to $15B by 2015
India’s luxury market is expected to grow 25 percent in 2013 and at that same rate for the next two years, up from the current level of $8 billion and irrespective any global economic slowdown, according to a study by ASSOCHAM-Yes...
Retail Feb 06, 2013 Dilipp S Nag
Gallup: Daily Consumer Spending Inches Higher
Gallup determined that U.S. consumers spent an average of $77 per day in August, up from $73 in July, and the best August spending level recorded since 2008. The daily average in August was also the...
Research Sep 07, 2012 Jeff Miller
Chinese Consumer
U.S. Consumer Confidence Improvement Stalls in June
U.S. consumer confidence in June was at 62 points (1985=100), according to The Conference Board, up from 58.5 points one year ago. The consumer Expectations Index was flat year on year at 72.3 points and the Present...
Research Jun 27, 2012 Jeff Miller
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Watch Martin Rapaport in 'State of the Diamond Industry' Presentation
The following video presentation of Martin Rapaport, the chairman of the Rapaport Group of Companies, lays out the state of the diamond industry along with global economic trends and issues affecting demand. In addition, Farai...
Polished Markets Jun 20, 2012 Rapaport News
consumer prices
U.S. Jewelry Price Inflation -1% in May
The U.S. consumer price index (CPI) for jewelry fell 0.7 percent year on year in May to 173.3 points. While the index's change was slight, it was a significant shift being the first price decrease...
Retail Jun 14, 2012 Jeff Miller
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Unity Notes Cautious Consumer Spending Ahead
Unity Marketing's proprietary Luxury Consumption Index (LCI) shows ambivalence on the part of the affluent U.S. consumer, households with an average income of $274,900. Present trends from the LCI will likely translate into more...
Retail May 11, 2012 Jeff Miller
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Tiffany Celebrates 175th Anniversary
Tiffany & Co. marks it 175th anniversary this year by resetting the company’s icon -—the 128.54-carat Tiffany Diamond— in a spectacular diamond and platinum necklace. This legendary stone will take part in anniversary events in Tokyo,...
Research Apr 25, 2012 Rapaport News
Zales Store
U.S. Jewelry Store Sales +19% to Nearly $3B
Jewelry store sales in February 2012 rose 18.7 percent year on year to $2.69 billion, according to the government's calculations. For the first two months of the year, jewelry store sales have increased 13 percent year...
Retail Apr 16, 2012 Jeff Miller
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U.S. Consumer Confidence Improves in March 2012
U.S. consumer confidence rose 11 percent year on year to 70.2 points in March, according to The Conference Board. While the reading was still far below the important benchmark of 100 points, it was slightly lower than...
Research Mar 27, 2012 Jeff Miller
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Consumer Confidence Holds Steady in February
The Conference Board's Consumer Confidence Index® in February 2012 was steady from one year ago at 70.8 points (1985=100). The reading was, however, much higher than it had been in January at 61.5 points. The...
Research Feb 29, 2012 Rapaport News
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