"Recovering" Chow Tai Fook Reports Dip in Sales
April 29, 26
Chow Tai Fook (CTF) reported a slight dip in year-on -year sales for the three months to 31 March, after a surge the previous quarter raised hopes a sustained recovery. China's biggest jewelry retailer (by store count, 5,460) blamed "heightened external ... Read More...
Masked Raiders Steal 50 Rolex Watches
April 28, 26Masked thieves pepper-sprayed an employee and fled with at least 50 pre-owned Rolex watches in a raid on a jewelry store in Austin, Texas, USA. Eight suspects used hammers to smash display cases at Marc Robinson Jewelers in the Round Rock... Read More...
US Refunding Billions Paid in "Trump Tariffs"
April 28, 26The US government has started the refund process for importers who paid a total of $166 billion in "Trump tariffs" that were subsequently outlawed. Diamond and jewelry shipments will be among the first waves of eligible claims handled by.. Read More...
NRF Forecasts $7.5bn Jewelry Spend for Mother's Day
April 28, 26Spending on jewelry for Mothers' Day (10 May) is set to hit $7.5 billion in the US, according to the NRF (National Retail Federation). That's an increase of over 10% on last year's projected $6.8 billion spend. It also represents almost 20% of the expected... Read More...
Armed Guard Thwarts Jewelry Ram-Raid, Worker Critically Hurt
April 27, 26An armed guard thwarted a ram-raid attack on a jewelry store in South Sacramento, California, that left a staff member critically injured. A stolen vehicle was driven through the storefront of Chinna Jewellers at 4.30pm on 18 April, pinning the owner's ... Read More...
Memo by John Jeffay
April 23Telling the time on the Moon isn't so easy. You have two weeks of "day", followed by two weeks of "night", so looking out of the window isn't going to help. You need a reliable wristwatch. The crew of Artemis II were all wearing one - with a specially.... Read More...