October Jewelry Sales- Estimates Conflict with Reported Results
November 6, 2009
U.S chain store sales up 2.1 percent in October | www.nationaljewelernetwork.com
Conflicting sales reports make forecasting fourth quarter sales even more difficult for jewelry retailers. But, volatile consumer spending patterns,large competitors promotional plans, and emerging macroeconomic forces may play a much bigger role in the final outcome than actual sales in August, September, or October. Here's more.
Note To Jewelry Industry-Wait and See Isn’t a Viable Strategy
November 4, 2009
India buys 200 tonnes of IMF gold | www.telegraph.co.uk
Escalating gold prices threaten $60 billion jewelery industry. Here's more.
Zale Loses One-Third of Investor’s New Worth-Revised
November 4, 2009
Zale FY09 Revenue -17%, Reports Loss of $190M Zale Corporation... | www.topix.com
Zale's $189.5 million lose marks a continuing of a turnaround that has never materialized. Here's why.
Zale (ZLC) -Will History Repeat Itself?
October 24, 2009
Zale to Announce Fourth Quarter Fiscal 2009 Results | www.businesswire.com
Zale promises to finally announce year end results. Meanwhile the stock continues to increase in price,despite likely big losses. Here's why.
Could Lawsuit Topple Signet's(SIG) US Brands?
September 22, 2009
Sterling suit moves toward class-action status | www.nationaljewelernetwork.com
Certification as a class action could have significant implications for Signet's investors. Here's more
Zale-Management's Last Chance?
September 19, 2009
UPDATE 1-Zale to restate 2008, some 2009 results | cn.reuters.com
Zale says it will won't report FY 2009 numbers until October 29. Ninety days late and effectively six months since shareholders have seen any numbers for a company expected to lose millions. Obviously, Zale is betting good first quarter news will make everything alright. Maybe so, maybe not. But if management is wrong, look for more changes in the executive suite. Here's more.
DeBeers Advertising-A Knotty Problem for the Diamond Industry
September 15, 2009
The Everlon Diamond Knot | www.jckonline.com
Debeers' new advertising campaign is as much an example of the chaos in the diamond industry as are the continued sales declines. Here's more.
Lehman Bros Collapse-A Lesson Still Unlearned
September 15, 2009
Shifting Consumer Values | www.retail-merchandiser.com
Lehman Bros' collapse was an epic earthquake that nearly destroyed the U.S. financial system. A year later, there are still aftershocks and the remainder of our financial institutions isn’t really that different. Clearly, we haven't learned much from the event, especially when it comes to economics and policy-making. Here's more.
Signet Out Performs, While Zale Stumbles
September 9, 2009
Zale Corporation Postpones Fourth Quarter Results | www.reuters.com
Signet out performs the market as Zale stumbles again. Here's more.
Escalating Gold Prices Means Less Shine for All Jewelers, Especially Zale
September 8, 2009
Gold shines, topping $1,000 | articles.moneycentral.msn.com
Profitable jewelers like Kay and unprofitable ones like Zale will be adversely affected by higher gold prices. Here's more.
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