The world’s largest retailer of diamond jewelry reported a net loss of $38.1 million in Q3 2019 on Thursday, as slight sales increases failed to offset the negative impact of restructuring charges and other costs.
A new report by The RealReal shows Hermès, Gucci, Van Cleef and Canada Goose are some of the most valuable brands that shoppers can give this holiday season, as the year's top performers when it comes to resale value.
The fashion sector struggled last month and even cold weather and Black Friday failed to propel sales upwards with womenswear, menswear, footwear and department stores all sluggish or weak, Barclaycard said Tuesday.
Chow Tai Fook Jewellery Group Ltd on Thursday logged its best-ever half year since 2014, but warned of lower growth momentum in the second half due to Sino-U.S trade tensions and foreign exchanges fluctuations.
YNAP said its Cyber Weekend lived up to predictions with a strong rise in demand for “fine jewellery and watches, partywear and exclusive items as luxury customers treated themselves to something special.”