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Disengaged on rings
Original at Reuters
• Sun, Jun 14
The trend underscores the challenges facing Tiffany and other Western brands trying to profit in a shrinking market. But it is also an opportunity for new market entrants like GNH, which is trying to undercut bigger brands by selling rings online, ...
Recession brings hagglers to Tiffany
Original at Reuters
• Thu, Jun 11
Many investors and analysts argue that discounting would tarnish the Tiffany brand in the long run. "The final price of a Tiffany piece of jewelry shouldn't be a function of how good a negotiator you are," Kowalski said. "I think that's a terrible ...
Diamond engagement rings lose sparkle in Japan
Original at Reuters
• Wed, Jun 10
The trend underscores the challenges facing Western brands like Tiffany (TIF.N: Quote, Profile, Research, Stock Buzz) and Bulgari (BULG.MI: Quote, Profile, Research, Stock Buzz), which dominate a bridal jewelry market that has shrunk by a third over ...
Investcorp expects growth in Mideast luxury market
Original at Reuters
• Tue, Jun 9
Emirates Business 24/7 Gold-based jewelry has very strong cultural resonance in the region," Taufique said. "It is seen as some kind of a store of value that doesn't disappear with time." Investcorp, which once floated luxury brands Gucci and Tiffany, posted a net loss of ...
Stores can avoid big holiday price cuts: Barclays
Original at Reuters
• Mon, Jun 8
N: Quote, Profile, Research, Stock Buzz) as department stores that could benefit as competitors like Mervyns go out of business, while he said upscale jewelry retailer Tiffany & Co (TIF.N: Quote, Profile, Research, Stock Buzz) is in a position to gain ...
Check Out Line: Austerity the “must-have” item for luxury buyers
Original at Reuters
• Mon, Jun 8
Chief executives from Burberry Group, Hermes, Tiffany, Rolls-Royce and Richmont's Van Cleef & Arpels are among the many officials who will speak this week at Reuters' first-ever Global Luxury Summit about what their sector is facing amid a recession ...
Japan pearls in peril amid recession, competition
Original at Reuters
• Mon, Jun 8
T: Quote, Profile, Research, Stock Buzz) has closed seven of its eight pearl farms in Japan this year, and US upscale retailer Tiffany & Co (TIF.N: Quote, Profile, Research, Stock Buzz) has announced plans to end its pearl-only store outlets. ...
Luxury market recovery seen slow
Original at Reuters
• Sun, Jun 7
The worst declines have been seen in watches, followed by jewelry. Late last month Tiffany posted a worse-than-expected 62 percent drop in quarterly earnings. The upscale retailer said sales trends had improved slightly in May, but not enough for it to ...
DiCaprio film may hurt diamond demand
Original at Reuters
• Mon, Dec 4
analysts - ZLC.N: Quote, Profile , Research), Tiffany & Co. ... SIG.L: Quote, Profile , Research), which operates the Kay Jewelers chain, as well as diamond processor De ...