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Diamonds.net - Pandora Posts Record First-Quarter Revenue

Pandora saw record revenue in the first quarter amid strong Valentine’s Day sales and the reacquisition of franchised stores.Revenue rose 21% year on year on an organic basis — a similar metric to comparable-store sales — for a total of DKK 5.7 billion ($804.3 million) in the period that ended...
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Diamonds.net - Ben Bridge to Return Franchises to Pandora

Ben Bridge Jeweler will return ownership of its 37 freestanding Pandora stores to the Danish company to allow it to increase its focus on its core business.The Warren Buffett-owned jeweler will transfer the shops, which are located in five US states as well as in British Columbia, Canada, to...
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Fury with Seattle Children's builds after racism report kept private

Fury with Seattle Children’s builds after racism report kept private An investigation sparked by Dr. Ben Danielsons resignation is complete, but the hospitals board has declined to make it public. by Seattle Children’s Hospital on Jan. 8, 2021. (Dorothy Edwards/Crosscut) Frustration with Seattle Children’s Hospital continues to build among staff, stakeholders and community, as the institution’s leadership declines to release the findings from a monthslong investigation into equity, di...
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Pandora's Bollocks: How a Charm Company Manipulated the Media – JCK

Share Just about everyone in the jewelry trade—as opposed to just about everyone in the consumer media—agrees that Pandora’s decision to stop carrying natural diamonds and launch a lab-grown line was no big deal. After all, in 2018, only 0.04% of the gemstones—of any kind—Pandora used were natural. Last year, it sold 55,000 pieces with natural diamonds, out of 85 million jewelry items total. I can think of a dozen jewelers that could cause an earthquake if they decided to no longer se...
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Diamonds.net - Retail Sales Rebound at Berkshire Hathaway

Retail Sales Rebound at Berkshire Hathaway RAPAPORT... Berkshire Hathaway, which owns Borsheims, Helzberg Diamonds and Ben Bridge Jeweler, saw retail sales jump in the first quarter as the market bounced back from last year’s downturn. Revenue in the retail segment rose 21% year on year to $4.35 billion, according to Warren Buffett’s conglomerate, which does not break down figures for its jewelry brands. Pretax earnings for the retail division more than doubled to $348 million from $133 a ...
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Seattle DJC.com local business news and data - Real Estate - Jeweler moves to Unico space

Turgeon Raine recently vacated its old location on Fifth Avenue near Union Street, which is bound for redevelopment as a hotel by Masterworks Development. The jeweler has landed a block south at a new 7,000-square-foot corner location in the historic Skinner Building, at 1300 Fifth, owner Unico Properties recently announced. That corner space, at University Street, was vacated by Gucci. Its part of the over 10-acre Metropolitan Tract, which is ground leased from the University of Washington...
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Source: djc.com

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