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A partnership with luxury reseller Rebag to sell pre-owned designer handbags, jewelry, and accessories on its third-party marketplace. A $520 million deal with warehouse automation company Symbiotic to enhance its online pickup and delivery fulfillment systems.

Sales rose 0.8% YoY in the 50 Macy鈥檚 stores that featured fresh products, revamped displays, and boosted staffing in areas like fitting rooms and jewelry counters. That was the second consecutive quarter of positive growth since the plan began (although Q2 sales decelerated from 3.3% growth in Q1). Our take:.

This reflects the broader consumer spending landscape writ large: While higher-income households are happy to spend on everything from Cartier jewelry to lululemon leggings to extended legroom on international flights, lower- and middle-income consumers are being cautious with their expenditures as they navigate higher costs for everyday necessities like food and housing.

Restaurant spending led the gains, jumping 6.3% YoY, along with goods categories such as jewelry (4.0% YoY), electronics (3.7% YoY), and apparel (3.6% YoY). Department stores continued to struggle: Sales rose just 1.6% YoY. The trends: A fuller picture of the holiday season will emerge after the new year, once data includes the critical post-Christmas week.

Accessories includes all accessories for personal adornment, such as belts, costume jewelry, fine jewelry, handbags, hats, nonprescription sunglasses, scarves, and watches; it excludes footwear. Jewelry includes new fine jewelry and watches; it excludes costume jewelry. Apparel, footwear, and accessories will be one of retail鈥檚 most resilient categories in 2024.

It features items such as tailored sailor pants, logo sweatshirts, and new colorways of the 鈥淎nne Hathaway dress鈥濃�攖he shirtdress Posen designed for Hathaway to wear at the Bulgari Aeterna High Jewelry event in Rome that sold out within hours of its public release earlier this year. Why it matters: GapStudio aims to capture shoppers鈥� attention and rekindle interest in Gap.

Net sales fell 8.8% YoY in Q3 due to weak demand during the back-to-school season, softer private label sales, and the retailer鈥檚 inability to capitalize on demand for categories like fine jewelry, petites, intimate apparel, and legacy home products.

Products meant to last, like coats and jewelry, or with high name brand recognition, like Nike, are less popular as dupes. What it means for 2025: Gen Z鈥檚 embrace of dupes reflects their desire for affordable alternatives in beauty and fashion. In 2025, brands may face increased pressure to balance affordability with quality to compete with dupe culture.

In addition to appealing to a younger audience, this fragrance line helps Claire鈥檚 continue to expand its portfolio beyond jewelry. 鈥淗ow many people are going to the mall to go to Claire's?鈥� said our analyst Suzy Davidkhanian. 鈥淗ow many times are you going to get your ears pierced and how many pairs of earrings are you going to buy? In this case, product extension is a really good idea.鈥�. 6. CeraVe.

Consumers are opting for either entry-level items like eyewear and fragrances or top-shelf luxury goods like jewelry, yachts, and cars鈥攁 sign of the bifurcation in the market as wealthy shoppers continue to spend and aspirational customers pull back. Shoppers are also spending less time in brands鈥� flagship stores and more time in outlets to take advantage of lower prices.

Despite these challenges, we expect worldwide personal luxury retail sales to grow 3.2% this year, thanks to healthy demand from affluent consumers who, as Herm猫s鈥� Q3 performance shows, are happy to spend on everything from ready-to-wear to expensive handbags to jewelry.

Let's say you are a big jewelry purchaser. Maria, do you like jewelry? Are you a jewelry fan? Maria Elm:. To a degree. I don't know, medium. Let's say medium. Could take it or leave it. David Morris:. Let's say Chase knows where you've got your jewelry or I got my jewelry, they have a brand partner who isn't on the list.

The most expensive categories鈥攆or items like sofas鈥攚ill have a maximum eligible price of $20, while prices for items like jewelry and bedding sets are capped at $8 and $9, respectively. Product listings that exceed those price points will be deactivated, and sellers directed to sell on Amazon鈥檚 regular marketplace instead.

Engagement and bridal jewelry accounts for roughly 50% of Signet鈥檚 sales, making the parent company of Kay Jewelers, Blue Nile, and Zales vulnerable to slowdowns in the wedding industry鈥攂ut also positioning it to benefit once engagements normalize. Unlike David鈥檚 Bridal, Signet鈥檚 brands have other product lines they can lean on for growth.

This is due to the lingering effects of inflation and elevated interest rates giving consumers鈥攅specially aspirational shoppers鈥攑ause before splurging on a high-end bag or jewelry, as well as the Chinese economy, which drove growth for years, facing stiff headwinds.

US demand softens: While the US continues to be LVMH鈥檚 second largest region by revenues, business is beginning to slow as shoppers opt for more affordable products, like fragrances and makeup, over jewelry and designer bags.

Retail includes mail order/catalog, restaurants/fast food, drug stores, retail stores, cosmetics stores, and merchants of apparel, home furnishings/textiles, toys, pet food/supplies, appliances, jewelry, and general merchandise. Apparel and accessories includes clothing such as sportswear and workwear, luggage, watches and jewelry, handbags, eyewear, and footwear.

Fashion brand Revolve used AI to design a series of collections, while Sephora debuted a tool that allows shoppers to upload a photo of an item鈥攍ike jewelry鈥攁nd recommends makeup shades and products that match it.

Pandora A/S鈥檚 quarterly revenues beat estimates thanks in part to strong holiday and Black Friday sales of its charm bracelets and other jewelry in the US.

Among eight categories, luxury and jewelry had the highest cart abandonment rate, at 81.4%, and consistently experienced the highest rates, averaging around 80% in the 12 months ending July 2024. Given the high price points and longer consideration times of luxury purchases, it鈥檚 not surprising the category has the highest cart abandonment rates.

Jewelry brand Kendra Scott tapped its Gen Z team members to create its recent 鈥淗ey Elisa!鈥� campaign, an in-person tour of colleges based on one of the brand鈥檚 most popular pendants, said Michelle Peterson, CMO of Kendra Scott. 鈥淲e had this super fun, immersive experience,鈥� she said.