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10/05/2024 07:43Watches of Switzerland (UK based) has acquired Roberto Coin Inc. the US division of the Italian jeweller and 6th largest brand in the US by sales through 400 points of sale, for US$130m. The acquisition will allow the group to increase the volume of Roberto Coin jewelry in its own retail network as well as the exclusive right to expand the wholesale reach of Roberto Coin Inc., which will operate as a standalone company within the group. The acquisition demonstrates the increasing importance of branded jewelry in the global retail landscape, National Jeweler notes.
26/04/2024 09:36In the the latest Monthly Sales Survey, conducted by Instore Magazine, 146 jewelers were asked to compare their March sales with those of the same month last year. While some businesses experienced significant gains, others faced challenges. Here's a breakdown of the key findings:
Sales Performance Overview:
03/02/2022 09:50The Jewelers Board of Trade (JBT) statistics for 2021, detailing the jewelry retail landscape in North America (USA & Canada) reflect the booming jewelry market trends. In 2021, more new jewelry stores opened, up 151% y-o-y, and less jewelers closed, the majority ceasing activities, than in previous years.
