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Jewelry Retailers: Prepare Your Curbs, not Your Cases, for 2021

Retail TouchPoints

While certain ecommerce verticals saw mind-boggling sales increases in 2020, luxury goods, including jewelry, enjoyed more modest revenue boosts, according to Signifyd Ecommerce Pulse data. Upscale jewelry designer Gorjana, for example, saw 300% growth in 2020, with a 400% monthly increase in sales between April and May 2020 alone.

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How Data and Tech Power Jewelry Brand Pandora’s Mission to ‘Give a Voice to People’s Loves’

Retail TouchPoints

Source: Pandora) Best known for its charm jewelry, the “affordable luxury” brand sells more than 100 million pieces every year, making it the largest jewelry brand in the world by volume. Central to this effort will be transitioning to SAP’s Enterprise Resource Planning (ERP) system, an endeavor that won’t be completed until 2026.

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Planned Chinese Retail Venue to House 1,000+ Luxury Brands

Retail TouchPoints

Luxury travel retailer DFS Group is planning to open DFS Yalong Bay, a retail and entertainment destination, in Sanya, Hainan, China by 2026. An estimated 16 million visitors per year are expected at the site by 2030, which is forecast to create sizeable economic opportunities in Yalong Bay, according to DFS Group.

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Beyond Acquires Zulily, Plans to Revive Brand in Q2

Retail TouchPoints

Executive Chairman Marcus Lemonis said the acquisition is aimed at strengthening Beyond’s position in the off-price market. plans to relaunch Overstock.com as a standalone site later this month. Newly appointed Beyond, Inc. Beyond paid $4.5 Now Beyond, Inc.

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How Worthy Conquered Mistrust Issues In Jewelry Resale

Retail TouchPoints

Consumers stuck at home have had the time to thin out their wardrobes and make room in the garage — along with strong financial incentives to turn their possessions into cash. Worthy had to overcome unique challenges when it set out to sell jewelry and gems online. COVID-19 has accelerated an already-surging resale market.

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India-Based Jewelry Brand Opens U.S. Store

VMS

Tanishq, an India-based jewelry brand, has opened its first store in the United States. offers gold and diamond jewelry, as well as solitaires and colored stones. In its home country, Tanishq has 400-plus stores across 240 cities and plans to add at least 100 more stores there in the coming year.

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H-E-B opening jewelry shops inside its stores

Retail Wire

H-E-B has opened the first James Avery jewelry shop inside one of its stores in southeast Houston with plans to open one near Corpus Christi at the end of September and another in San Antonio next month.

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