蘑菇AV

The cost of everything from Pandora jewelry to Adidas sneakers is rising: The trend is poised to accelerate as tariff-hit goods arrive at US ports鈥攁nd shoppers have taken note.

Kay Jewelers refreshes brand, invests in store upgrades to maximize 鈥淶illennial鈥� appeal: The retailer hopes that more personalized experiences, along with a wider selection of fashion jewelry, will win over younger audiences.

Sales declined in 4 of 5 LVMH business segments鈥攖he lone exception being the watches and jewelry division, which was flat on an organic basis. The company鈥檚 fashion and leather goods division, which accounts for roughly half of its revenues, reported a 5% YoY decrease.

Buchanan must course-correct after years of missteps from prioritizing new categories, sidelining staple products like fine jewelry, and limiting coupon eligibility for too many brands alienated core customers. The tough retail landscape underscores why Kohl鈥檚 expects net sales to decline 5% to 7% YoY, with comparable sales falling 4% to 6%.

The news: Costco鈥檚 comparable sales jumped more than expected in Q4, as shoppers happily splashed out on big-ticket items like 99-inch televisions and gold jewelry and visited the retailer more often to purchase groceries. Comparable sales rose 6.8% YoY during the holiday quarter, outpacing expectations for a 6.4% rise.

The gaps were greatest in jewelry (17.8 ppt), apparel (11.7 ppt), and watches (10.3 ppt). Despite their woes, department stores maintain a strong lead among luxury shoppers. Luxury shoppers have returned to physical department stores. Nearly 45% of our 2024 survey respondents bought luxury goods in person at a department store during the prior 12 months.

Personal luxury goods include apparel and accessories, footwear, eyewear, cosmetics and beauty products, and watches and jewelry that meet the definition of luxury goods. Methodology: Data is from the August 2024 "The 蘑菇AV Luxury Survey" conducted by Bizrate Insights. 967 US adults ages 18 + were surveyed online between July 29 and August 22, 2024.

According to ecommerce software vendor SmartScout, 930 products across categories like clothing, jewelry, and electronics on Amazon have seen price increases since April 9, with an average jump of 29%, per CNBC. Roughly a quarter of those price hikes were tied to sellers based in China, including major brands like Anker, which has raised prices on about one-fifth of its US products.

In March, the brand held a piercing pop-up with New York jewelry brand Susan Alexandra that offered an experience for all ages. The brand also works with creators who are parents, kids, and Gen Zers in between to reach an intergenerational audience. Music and pop culture partnerships.

Yoox Net-a-Porter (YNAP) was acquired by watches and jewelry conglomerate Richemont in 2018 but continued to post losses. It was sold in October 2024 to Mytheresa鈥攐ne of the rare successful luxury ecommerce ventures, thanks to its focus on higher-spending customers.

For consumers, clothing and accessories are the top product category during Diwali among smartphone users in India (87%), while jewelry (67%) tops the list for in-store shopping, per a Glance survey.

Categories like women's apparel and jewelry underperformed, requiring heavy discounting to clear inventory. Department stores battled sluggish traffic and selective spending on luxury fashion. What it means for 2025:. Value-consciousness is paramount across all income levels, with affluent shoppers trading down to mass retailers for certain purchases.

However, these initiatives required changes that frustrated long-standing customers, including removing some private-label brands, cutting petite clothing sizes, and scaling back its fine jewelry selection.