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Beyond Acquires Zulily, Plans to Revive Brand in Q2

Retail TouchPoints

The transaction excludes all of Zulily’s liabilities, liens and debts, as well as the company’s remaining inventory and two fulfillment centers, which advisory firm Gordon Brothers was engaged to sell off in late January 2024. plans to relaunch Overstock.com as a standalone site later this month. Beyond paid $4.5 Now Beyond, Inc.

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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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Claire’s Expands to Mexico, Debuts Branded Body Care Products

Retail TouchPoints

Claire’s has opened a 1,227-square-foot flagship store in Mexico City’s Plaza Satélite that showcases the jewelry and accessories retailer’s reimagined look and feel, including the updated visual identify for PIERCED by Claire’s. The retailer will operate the store in partnership with retail services company Exalta.

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Walmart Steps Up Ecommerce Investment With Cross-Border Commerce and NFT Projects

Retail TouchPoints

marketplace, while CNBC has reported that the company plans to create its own cryptocurrency and collection of NFTs. The invitation to Indian retailers will initially include only a select number of participants, adding to existing merchants including Delphi Leather India , Mahi Exports , Touchstone Gems & Jewelry and Welspun.

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Exclusive: How Daniel’s Jewelers is Using Vision AI to Better Serve its Customers

Retail TouchPoints

In the more than 70 years since Joseph Sherwood bought a bankrupt jewelry store in Bell Gardens, Calif., Instead of a Midwestern twang maybe they have a Spanish accent, but their dreams, their hopes, what they want to accomplish, what jewelry means to them has not changed one iota in the last 75 years. ”

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LVMH To File Lawsuit Against Tiffany, Citing Alleged Mismanagement

Retail TouchPoints

LVMH Moët Hennessy Louis Vuitton (LVMH) plans to file a lawsuit against Tiffany , accusing the jewelry retailer of dishonesty and mismanagement of its operations during the coronavirus pandemic. The company also stated that Tiffany’s own lawsuit , filed in response to LVMH’s cancellation of its $16.2

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Signet Jewelers To Shutter 230 North America And UK Stores

Retail TouchPoints

As an initial step, the company — which operates Kay Jewelers , Zales , Jared The Galleria Of Jewelry , Piercing Pagoda and James Allen jewelry retailers — announced it will permanently shut at least 150 stores in North America and 80 in the UK. Last month, Signet began a phased store reopening plan. After seeing sales sink 40.5%

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