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Retail
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Feb 21, 2013
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Jeff Miller
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PC Jeweller to Increase Focus on Diamond Jewelry
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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...
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Retail
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Feb 08, 2013
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Dilipp S Nag
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India’s Luxury Market May Grow to $15B by 2015
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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...
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Retail
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Feb 06, 2013
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Dilipp S Nag
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Gallup: Daily Consumer Spending Inches Higher
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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...
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Research
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Sep 07, 2012
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Jeff Miller
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U.S. Consumer Confidence Improvement Stalls in June
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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...
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Research
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Jun 27, 2012
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Jeff Miller
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Polished Markets
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Jun 20, 2012
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Rapaport News
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U.S. Jewelry Price Inflation -1% in May
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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...
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Retail
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Jun 14, 2012
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Jeff Miller
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Unity Notes Cautious Consumer Spending Ahead
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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...
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Retail
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May 11, 2012
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Jeff Miller
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Tiffany Celebrates 175th Anniversary
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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,...
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Research
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Apr 25, 2012
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Rapaport News
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U.S. Jewelry Store Sales +19% to Nearly $3B
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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...
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Retail
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Apr 16, 2012
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Jeff Miller
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U.S. Consumer Confidence Improves in March 2012
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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...
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Research
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Mar 27, 2012
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Jeff Miller
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Consumer Confidence Holds Steady in February
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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...
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Research
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Feb 29, 2012
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Rapaport News
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U.S. Online Retail +14% to $162B in 2011
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Digital metrics firm comScore Inc. reported that U.S. retail e-commerce sales during the fourth quarter of 2011 rose 14 percent year on year to $49.7 billion. The rate of growth represented the ninth consecutive quarter...
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Retail
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Feb 06, 2012
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Jeff Miller
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U.S. Consumer Confidence Improves in December
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The Conference Board's Consumer Confidence Index® rose 21 percent year on year to 64.5 points for the month of December 2011. The group defines a reading of 100 points or more as reflecting a positive economic environment. The index...
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Research
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Dec 27, 2011
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Jeff Miller
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U.S. Jewelry Inflation Rises 9% in November
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The consumer price index (CPI) for jewelry soared 9 percent year on year to 180.5 points in November, marking the second consecutive month with a reading above 180 points. However, November's reading was slightly lower...
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Retail
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Dec 16, 2011
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Jeff Miller
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Consumer Confidence Increases Slightly
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The Conference Board's Consumer Confidence Index rose just slightly in November to 56 points from 54.3 points one year ago. The reading in October was only 40.9 points, however. The Conference Board measured its...
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Research
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Nov 29, 2011
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Jeff Miller
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Stronger Dollar Impacts Diamonds Financed in Rupee
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The recent sharp depreciation of the Indian rupee may weigh heavily on diamond purchases this wedding season as diamond prices in rupee terms rise and consumer confidence diminishes.However, industry officials said that the weaker rupee, which hit an all-time low of INR 52.73 against the U.S....
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Financial-Legal
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Nov 23, 2011
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Dilipp S Nag
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Research
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Nov 16, 2011
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Jeff Miller
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U.S. Jewelry Price Index Sets Record in October
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The consumer price index (CPI) for jewelry soared to a record high in October at 182.6 points, marking a 12 percent year on year increase and the first time the measure exceeded 180 points. October's reading was...
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Research
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Nov 16, 2011
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Jeff Miller
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Consumer Confidence Falls to 31-Month Low
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The Conference Board's Consumer Confidence Index® fell to 39.8 points in October, the lowest level since March 2009. The index was about 10 points lower than one year ago. The Present Situation Index,...
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Research
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Oct 28, 2011
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Jeff Miller
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