Jewelry sales in the US more than tripled in May, fueled by pent-up demand amid a further reopening of the economy, according to Mastercard SpendingPulse.Sales in the category increased 203% year on year during the month, reflecting a comparison with May of last year, when many stores were.
US retail sales will grow 10.5% to 13.5% this year as the economy rebounds at a faster rate than originally predicted, according to the National Retail Federation (NRF).The organization expects total sales for the year to reach $4.44 trillion to $4.56 trillion, it said last week. That figure is.
RAPAPORT. Rough prices at Mountain Province surged in the second quarter as strong retail sales and steady polished trading drove demand for its goods.
The miner reported a price increase of around 18% on a like-for-like basis compared with the first quarter. Sales rose 23% to $52.6.
RAPAPORT. Insurance company Jewelers Mutual Group has acquired Gem + Jewel, an e-commerce specialist that aggregates products from independent jewelers and helps them sell to the public.Gem + Jewel provides jewelers with websites for their own businesses, as well as online inventory.
The International Gemological Institute (IGI) has discovered a 6.18-carat synthetic diamond that fraudsters had misrepresented as natural by falsely pairing it with a mined-diamond grading report.“This is the largest lab-grown diamond ever certified by a leading gemological laboratory where the.