Jewelry

Hong Kong Gifts & PrintPack Fairs Open in April

Retrieved on: 
Tuesday, April 9, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240408808037/en/
    HKTDC Hong Kong Gifts & Premium Fair, Hong Kong International Printing & Packaging Fair & DeLuxe PrintPack Hong Kong will be held on 27-30 April (Photo: Business Wire)
    Featuring a curated selection of gift and premium products from around 4000 exhibitors from 21 countries and regions, the fair will be held at the Hong Kong Convention and Exhibition Centre from 27-30 April, with the online matching services “Click2Match” available from 20 April to 7 May.
  • The Hall of Fine Designs will return as a convergence of reputed global brands, including Red A (Hong Kong), Tiny Memory (Hong Kong), YASHICA (Japan) and more.
  • Winning works from the Hong Kong Smart Design Awards will also be displayed to highlight the creativity and flair of Hong Kong brands to global industry players.
  • Award-winning entries from the Hong Kong Print Awards, the Hong Kong Digital Printing Award and the GAAHK x PolyU Design - Packaging Design will be presented to showcase innovations in printpack design and production.

Rapaport Press Release: Prices of Lower-Clarity Diamonds Rise in March

Retrieved on: 
Tuesday, April 2, 2024

Prices for round, 1-carat, D-H, SI diamonds increased 1.7% in March as the lower-clarity segment saw a correction after last year’s severe declines.

Key Points: 
  • Prices for round, 1-carat, D-H, SI diamonds increased 1.7% in March as the lower-clarity segment saw a correction after last year’s severe declines.
  • Diamonds with no fluorescence or black centers sold at premiums.
  • Group of Seven (G7) sanctions on Russian diamonds over 1 carat went into effect March 1.
  • Many questions about the US sanctions remain, including how the government will treat “grandfathered” diamonds.

The Crazy Lamp Lady Announces the Launch of the Fourth Friday Handmade Market

Retrieved on: 
Monday, April 1, 2024

The Crazy Lamp Lady , creator of the Niknax online marketplace, is pleased to announce the launch of the site’s Fourth Friday Handmade Market.

Key Points: 
  • The Crazy Lamp Lady , creator of the Niknax online marketplace, is pleased to announce the launch of the site’s Fourth Friday Handmade Market.
  • The inaugural market will be held on April 26th, 2024, and feature a plethora of digital festivities.
  • This growing community of loyal sellers and followers will ultimately be the key to making Fourth Friday Handmade Market a success.
  • Jocelyn Elizabeth, better known across the social media universe as the Crazy Lamp Lady, is no stranger to building and fostering community online.

Menē surpasses CAD$100 million milestone of total gold held by clients

Retrieved on: 
Thursday, March 28, 2024

Menē Inc. (TSX-V:MENE) (US:MENEF) (“Menē” or the “Company”), an online 24 karat jewelry brand, is pleased to announce that it has surpassed the milestone of its clients holding over CAD$100 million in gold jewelry.

Key Points: 
  • Menē Inc. (TSX-V:MENE) (US:MENEF) (“Menē” or the “Company”), an online 24 karat jewelry brand, is pleased to announce that it has surpassed the milestone of its clients holding over CAD$100 million in gold jewelry.
  • As of March 8, 2024, Menē clients held just over CAD$100 million in Menē gold jewelry and just over CAD$10 million in Menē platinum jewelry, for a total of CAD$110 million in Menē jewelry.
  • We are excited to have surpassed the CAD$100 million milestone of total gold held by clients, which is a testament to our existing clients’ unwavering support of our mission and our brand, as well as our new clients’ interest in investing in something pure, real and tangible.
  • Moreover, the current value of the jewelry held by our clients is about 4x the gross profit Menē earned since the founding of the business.

Poland Gift Card and Incentive Card Market Intelligence Report 2024 Featuring Biedronka, Dino, Lidl, Kaufland, Intermarche, Leroy Merlin, Media Expert, Pepco, and RTV Euro AGD - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 26, 2024

The "Poland Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Poland Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.
  • Gift card industry in Poland is expected to grow by 7.9% on annual basis to reach US$1.9 billion in 2024.
  • With over 75 KPIs at country level, this report provides a comprehensive understanding of gift card market dynamics, market size and forecast.
  • In-depth understanding of gift card and incentive card market dynamics: Understand market opportunity, key trends and drivers along with five-year forecast (2019-2028) for gift cards and incentive cards in Poland.

Cambridge Savings Bank Provides Stauer With a $10.5 Million Credit Facility to Facilitate Future Growth

Retrieved on: 
Thursday, March 21, 2024

Stauer will leverage the financing to repay its outstanding revolver and term loan balance, finance ongoing working capital needs, and support daily operations.

Key Points: 
  • Stauer will leverage the financing to repay its outstanding revolver and term loan balance, finance ongoing working capital needs, and support daily operations.
  • “Cambridge Savings Bank stood out to us in our search for lending solutions because they employ the same customer-centric approach to everything that they do.
  • The bank has already played a crucial role in helping the online retailer with a flexible lending package that allows for future growth.
  • “At Cambridge Savings Bank, we strive to foster genuine relationships with each individual and business that we serve,” added Yvonne Kizner , Senior Vice President, Asset-Based Lending at CSB.

J.Jill, Inc. Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, March 20, 2024

Operating income margin for the fourth quarter of fiscal 2023 was 7.0% compared to 5.3% in the fourth quarter of fiscal 2022.

Key Points: 
  • Operating income margin for the fourth quarter of fiscal 2023 was 7.0% compared to 5.3% in the fourth quarter of fiscal 2022.
  • Adjusted EBITDA* for the fourth quarter of fiscal 2023 was $17.6 million compared to $15.0 million in the fourth quarter of fiscal 2022.
  • Adjusted EBITDA margin* for the fourth quarter of fiscal 2023 was 11.8% compared to 10.2% in the fourth quarter of fiscal 2022.
  • Inventory at the end of the fourth quarter of fiscal 2023 was $53.3 million compared to $50.6 million at the end of the fourth quarter of fiscal 2022.

Banuba's TINT Virtual Try-On Platform Boosts Océane's Add-to-Cart Ratio by Over 600%

Retrieved on: 
Wednesday, March 20, 2024

Océane, a leading Brazilian beauty brand, has experienced a significant increase in its add-to-cart ratio thanks to the implementation of Banuba's TINT virtual try-on technology .

Key Points: 
  • Océane, a leading Brazilian beauty brand, has experienced a significant increase in its add-to-cart ratio thanks to the implementation of Banuba's TINT virtual try-on technology .
  • While the industry benchmark for this metric typically hovers around 3%, Océane has managed to achieve an impressive 20.15%.
  • The success of this initiative can be attributed to the seamless integration of TINT into Océane's online store, allowing customers to virtually try on concealers and foundations before making a purchase.
  • The positive response from consumers has prompted Océane to expand the use of this technology to other product categories in the near future.

Citi Trends Announces Fourth Quarter and Fiscal 2023 Results

Retrieved on: 
Tuesday, March 19, 2024

Our strong execution of the business across our strategic priorities fueled our performance throughout the quarter.

Key Points: 
  • Our strong execution of the business across our strategic priorities fueled our performance throughout the quarter.
  • Midway through the first quarter, we are encouraged by our positive comp results and sequential improvement versus prior quarters driven by traffic growth and strong conversion.
  • At the end of fiscal 2023, $50.0 million remained available under the Company’s share repurchase program.
  • The live broadcast of Citi Trends' conference call will be available online at the Company's website, cititrends.com, under the Investor Relations section, beginning today at 9:00 a.m.