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Judge Issues Pre-Trial Schedule for Tiffany, Costco
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U.S. District Judge Laura Taylor Swain approved a pre-trail schedule for the Tiffany & Co. trademark infringement case against Costco Wholesale Corporation. Tiffany & Co. sued Costco in February alleging the defendant...
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Financial-Legal
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May 06, 2013
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Jeff Miller
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Tiffany & Co. to Expand Lexington Manufacturing
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Kentucky's Governor, Steve Beshear, announced that Tiffany & Co. is expanding its manufacturing operations in Lexington, creating 75 new, full-time jobs and investing $2 million in the state's economy. The expansion comes less than two...
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Manufacturing
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Apr 26, 2013
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Jeff Miller
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Financial-Legal
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Apr 23, 2013
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Jeff Miller
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Zales Bumps Tiffany as Affluents' Jeweler of Choice
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Post-recession growth has not been uniform across income segments, according to Unity Marketing, which determined that it is the top 20 percent of earners, or 24.2 million households, who are driving the recovery. But even more...
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Research
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Apr 11, 2013
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Jeff Miller
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Financial-Legal
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Mar 22, 2013
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Jeff Miller
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Financial-Legal
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Mar 15, 2013
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Jeff Miller
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Diamcor Completes Upgrades at Krone-Endora at Venetia
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Diamcor Mining Inc. completed upgrades for procurement, delivery, construction and installation of a vast majority of its equipment and infrastructure to expand the quarrying and infield screening operations at the Krone-Endora at Venetia project in South Africa....
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Mining
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Mar 13, 2013
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Jeff Miller
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Financial-Legal
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Mar 11, 2013
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Jeff Miller
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Analysts Provide Mixed Reviews for Tiffany's Shares
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Tiffany & Co. will announce its fourth-quarter and fiscal-year results on March 22, but rating analysts are issuing mixed views of the high-end jeweler's share performance. As Rapaport News reported yesterday, in the weekly...
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Financial-Legal
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Mar 08, 2013
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Jeff Miller
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Financial-Legal
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Feb 14, 2013
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Jeff Miller
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ALROSA: The Lesser-Known Diamond Giant
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ALROSA, the lesser known of the two diamond mining giants, is emerging from its own shadows and may exert greater influence on the industry in 2013. While it still has a ways to go, it has become...
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Rough Markets
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Dec 21, 2012
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Avi Krawitz
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Citi's Initiation of Signet Boost Shares
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Shares in Signet Jewelers rose 2 percent to hit $51.34 in late morning trading on the Nasdaq in New York. Signet's shares were up 36 percent year on year and just shy of a 52-week high of $51.44 in March. The latest bump...
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Retail
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Sep 14, 2012
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Jeff Miller
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Tiffany's 2Q Sales, Earnings +2% But U.S. Weakens
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Tiffany & Co.'s revenue rose 1.6 percent year on year to $886.6 million for the second quarter that ended on July 31, while cost of sales jumped 8.2 percent to $387.4 million. Earnings rose 2 percent...
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Financial-Legal
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Aug 27, 2012
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Jeff Miller
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Gem Diamonds 1H Revenue -8%
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Gem Diamonds reported revenue fell 8 percent year on year to $180.2 million in the first half of 2012 as rough diamond demand softened. Net profit slumped 51 percent to $24.9 million for the period. The mining company...
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Mining
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Aug 21, 2012
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Avi Krawitz
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Manufacturing
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Jul 13, 2012
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Jeff Miller
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Chinese Caution
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China’s current ‘Year of the Dragon’ appears to have lost some of its fire as investors and analysts view China’s economy with increasing caution. Chinese diamond buyers have picked up on that sentiment and are holding...
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Retail
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Jul 06, 2012
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Avi Krawitz
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Skinner's Jewelry Sale Nets Nearly $3M
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Auction house Skinner Inc. grossed $2.8 million, including buyer's premium, for its fine jewelry sale on June 12. Colored stones, Art Deco pieces, diamonds, and natural pearls were especially strong performers,...
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Retail
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Jun 22, 2012
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Jeff Miller
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Diamcor Commissions its Plant at Krone-Endora
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Diamcor Mining Inc. completed the vast majority of construction and the installation of site infrastructure at its Krone-Endora at Venetia diamond project in South Africa, according to an announcement. Next, Diamcor will process the remainder of ore concentrate...
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Mining
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Jun 20, 2012
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Jeff Miller
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Tiffany's Sales +8%, Comps +4% and Profit Flat
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Tiffany & Co. reported that its first quarter revenue rose 7.6 percent year on year to $819.2 million for the period that ended on April 30, 2012. Same-store sales worldwide rose 4 percent. Cost...
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Financial-Legal
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May 24, 2012
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Jeff Miller
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Ultra-Wealthy Pick Graff as the Best Luxury Jeweler
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Ultra-wealthy U.S. shoppers ranked Graff Diamonds highest among 22 luxury jewelers in the 2012 Luxury Brand Status Index (LBSI) survey conducted by the New York-based Luxury Institute. With the top overall LBSI score...
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Retail
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May 23, 2012
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Jeff Miller
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