In what it is terming a “very challenging retail environment” Sterling Jewelers Inc., operator of approximately 1,401 U.S. stores, including the Kay Jewelers and Jared the Galleria of Jewelry chains, saw same-store sales decline 9.7 percent for its fiscal year...

New York–The state of Illinois has abandoned legislation that would have placed a 5 percent luxury tax on in-state purchases of jewelry and timepieces totaling more than $20,000, Jewelers of America (JA) announced. The move by the Illinois state legislature’s Revenue...

New York–Consumers’ desire to purchase gold jewelry will remain “weak” in 2009, and the metal’s price again is expected to top $1,000 per ounce, a report released Tuesday detailing the gold market worldwide states. According to the Gold Yearbook 2009, an...

Though jewelry designer Nicholas King has a background in clothing design, he began working with jeweler Francesca Amfitheatrof in the late 1990s. More recently he oversaw design and business development at New York based jeweler Alexis Bittar. His solo debut features...

By ANN ZIMMERMAN Signet Jewelers Ltd. swung to a loss in its fiscal fourth quarter, hurt by an impairment charge, as a disastrous holiday season that shuttered numerous jewelry establishments across the U.S. hurt sales at the country’s largest jewelry chain. The...

By David Benoit Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–Following the comparatively bullish outlook offered by competitor Signet Jewelers Ltd. (SIG), shares of jewelry dealer Zale Corp. (ZLC) jumped Wednesday on the hopes it could be seeing a similar plateau...