Archive | 2021

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Signet Jewelers – Parent of Kay and Zales – on Its Strategy of Love

After a disappointing 2019, when jewelry store retail sales were basically flat from the year before–$32.2 billion compared to $32.4 billion in 2018–the new year 2020 started with a bang. January 2020 sales rose 11.2% over previous year and hopes were high that similar growth would continue for the rest of the year.Then Covid hit, […]

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Malls comeback

There’s Hope for Malls: Here’s a 3-Step Plan

The news on the mall front remains depressing at best. Coresight Research, along with many other respected firms, continue to predict as many as 25 percent of the nation’s malls may close over the next three to five years. And there could be even more “if we can’t stop the bleeding,” said Coresight CEO Deborah Weinswig. Currently […]

Conscientious luxury

Luxury Enters the Era of Conscientious Luxury

This year’s fifth annual State of Luxury report takes a look back at the year that was, but more importantly, looks ahead to what 2021 holds for companies competing in the luxury market.As 2021 dawns, it will be a year of transition for the luxury market after the reset brought on by the Covid-19 pandemic. […]