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TAG Heuer Launches Online Boutique
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TAG Heuer opened its first online shopping boutique, which the watch brand designed to mimic its "lifestyle lounge" concept and to encourage consumers to fully immerse themselves in the brand from any location. TAG...
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Watches
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Feb 25, 2013
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Jeff Miller
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India's Young Sparks Rise in Online Retail Activity
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India’s online retail activity is growing at a rate of 43 percent a year with women increasingly active on the web, a recent study revealed. Women account for about 40 percent of the approximate 125 million Internet users in India, the joint research by the Associated Chambers of Commerce and Industry of India (ASSOCHAM)...
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Retail
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Oct 30, 2012
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Dilipp S Nag
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HSN's 2Q Revenue +6%, Profit -4%
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HSN Inc. reported a 6 percent year on year increase in revenue at $767.2 million for the second quarter that ended on June 30. The average price point fell 3 percent to $64.54, but the number of units shipped...
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Financial-Legal
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Aug 02, 2012
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Jeff Miller
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JTV Programs in May Celebrate Gold Jewelry
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Following the celebration of diamonds during the month of April, Jewelry Television® (JTV) is dedicating the month of May to gold. JTV will offer customers gold jewelry in nearly every style and variation. Special programming events...
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Marketing
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May 04, 2012
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Jeff Miller
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U.S. Consumers Complete 47% of Gift Buying
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There are only 10 days remaining for Christmas-related shopping, and the National Retail Federation (NRF) has found that, on average, consumers report completing only 46.5 percent of their gift buying. The figure is down...
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Marketing
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Dec 14, 2011
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Jeff Miller
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Roberto Coin Opens in Palm Desert
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Italian jewelry designer Roberto Coin announced the brand will open a “Roberto Coin boutique” this month in Palm Desert, California, marking its eighth U.S. location. The Palm Desert boutique was created in partnership...
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Retail
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Dec 05, 2011
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Ricci Dipshan
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U.S. Cyber Monday Sales +22%, Exceed $1B
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Cyber Monday retail sales rose 22 percent year on year to $1.25 billion, according to metrics firm comScore Inc. For the Christmas shopping season to date, which comScore tracks beginning November 1, online retail sales are...
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Retail
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Nov 29, 2011
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Jeff Miller
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HSN's 3Q Profit +60%
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Multi-channel retailer HSNi reported a 6 percent year on year increase in revenue to $751.2 million and improved gross profit margin of 100 basis points to 36.3 percent for the third quarter. Net income jumped 60 percent to $24.3 million for the three months that ended on September 30, 2011....
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Financial-Legal
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Nov 03, 2011
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Jeff Miller
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Hunt for Holiday Bargains, Daily Deals Begins
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With 84 percent of U.S. consumers planning to spend less or the same on Christmas season shopping in 2011 compared with 2010, GfK research tells retailers to mark this holiday season by carefully monitoring and rapidly responding to changing...
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Research
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Oct 31, 2011
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Jeff Miller
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Macy's to Open at Midnight on Thanksgiving
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Macy’s plans midnight store openings in the U.S. to get a jump on Black Friday, which falls on November 25, 2011. The retailer will offer door-buster sales on hundreds of items from jewelry and electronics to a limited-edition fragrance...
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Retail
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Oct 31, 2011
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Jeff Miller
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Unity Marketing Study Shows Jewelers How to Capture Lost Share
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Jewelers have been hit by a number of factors that have hurt their businesses recently, according to a new study of the jewelry market published by Unity Marketing. Rising product costs have pressured margins and given consumers reason to seek more affordable alternatives, such as new metals and faux...
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Research
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Oct 18, 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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Diamond News Broadcast
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Download MP3 audio.In the Rapaport weekly news broadcast for September 7, we addressed how online retailers should prepare for the all-important Christmas shopping season, and this week the news team brings retailers...
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Marketing
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Sep 14, 2011
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Rapaport News
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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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Blue Nile Launches New Mobile App
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Blue Nile launched its new mobile shopping application available in Apple's App Store. The new app has been updated with an enhanced engagement ring shopping platform and access to the company's full jewelry...
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Technology
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Jul 12, 2011
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Jeff Miller
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Affluent Shoppers Slow Their Pace at Luxury Dept. Stores
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While revenue has been good for top luxury retailers recently, data collected by Unity Marketing suggested that changes are underway from how the wealthiest consumers, or those households with incomes of $250,000 or more,...
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Research
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Jun 14, 2011
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Jeff Miller
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Online Retail Sales +12% to $38B in 1Q11
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Online retail sales during the first quarter of 2011 in the U.S. rose 12 percent year on year to $38 billion, according to metrics firm comScore Inc. The increase represented a sixth consecutive quarter of positive growth and...
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Financial-Legal
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May 10, 2011
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Jeff Miller
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QVC's 1Q Revenue +4% But Jewelry Sales Drop
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QVC reported first quarter revenue rose 4.4 percent year on year to $1.84 billion, with U.S. sales rising by 3.1 percent and international sales up 7 percent. Gross margin as a percentage of sales tightened for the U.S....
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Retail
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May 06, 2011
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Jeff Miller
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NRF Expects Stronger Mother's Day Jewelry Sales
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Jewelry is expected to be a fairly popular gift for Mother's Day according to a consumer intentions survey conducted by the National Retail Federation (NRF) and BIGresearch. Of those shoppers planning to buy gifts, 31 percent intend to purchase jewelry, which...
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Retail
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Apr 29, 2011
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Jeff Miller
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Jewellery Channel U.K. Adds More Diamonds to its Offerings
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The Jewellery Channel in the U.K. expanded its collection of diamond jewelry offerings. According to the television channel's announcement, the Jewellery Channel will offer a larger range of diamond jewelry along with high resolution images...
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Retail
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Mar 11, 2011
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Jeff Miller
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