RAPAPORT... Signet, Tiffany & Co., and Zale reported how stores performed during Christmas 2009, with only Zale coming in negative from one year ago. However, due to the ever changing retail landscape one year comparisons don't provide a good measure of the long-term market trends underway. With such dramatic sales drops during Christmas 2008, following weak performance during Christmas 2007, watch the broadcast to see just how revenue compared with previous years. The US market even had one less major jeweler in the fold this past Christmas - but who absorbed the market share of Finlay? Results for combined November and December: Signet sales rose 7.3 percent and same-store sales rose 5.6 percent; Tiffany sales rose 17 percent to 9 million with same-store sales rising 8 percent; Zale revenue fell 15 percent to 4 million and same-store sales fell 12 percent. RAPAPORT Information that means Business
Tags: jewelers, jewelry, sales, retail, signet, sterling, zale, tiffany, analysis, christmas, past, years, rapaport, news, january, broadcast
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