article thumbnail

Pandora’s Q3 results reveal progress on jewelry brand’s transformation

Inside Retail

Another brand that has been notably building itself back up is the mid-tier jewelry brand Pandora. In the same report, Lacik stated, “We are transforming the perception of Pandora into a full jewelry brand and unlocking the next chapter of our growth by attracting more consumers to our brand.

Jewelry 130
article thumbnail

Jewelry Retailers: Prepare Your Curbs, not Your Cases, for 2021

Retail TouchPoints

While certain ecommerce verticals saw mind-boggling sales increases in 2020, luxury goods, including jewelry, enjoyed more modest revenue boosts, according to Signifyd Ecommerce Pulse data. Upscale jewelry designer Gorjana, for example, saw 300% growth in 2020, with a 400% monthly increase in sales between April and May 2020 alone.

Jewelry 269
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Data and Tech Power Jewelry Brand Pandora’s Mission to ‘Give a Voice to People’s Loves’

Retail TouchPoints

Source: Pandora) Best known for its charm jewelry, the “affordable luxury” brand sells more than 100 million pieces every year, making it the largest jewelry brand in the world by volume. Central to this effort will be transitioning to SAP’s Enterprise Resource Planning (ERP) system, an endeavor that won’t be completed until 2026.

Jewelry 283
article thumbnail

Why David’s Bridal’s New Media Network is Key to its Post-Bankruptcy Future

Retail TouchPoints

There are certainly big brand names associated with specific products like jewelry or dresses, but when it comes to a go-to chain for weddings, theres only one in the U.S. Here’s how Davids plans to do it. In fact, I’m tapping into them to do a lot of the planning work for our apps. billion in the U.S. Davids Bridal.

article thumbnail

New Kohl’s CEO Lays Out Turnaround Strategy Following Disappointing Q4

Retail TouchPoints

In his first earnings cycle at the helm , Kohls new CEO Ashley Buchanan laid out his plan to turn around the embattled company, which has struggled for years to return to a position of strength while fending off activist investors. I just knew that we could do better. And I think the customers expect us to be better.

article thumbnail

Planned Chinese Retail Venue to House 1,000+ Luxury Brands

Retail TouchPoints

Luxury travel retailer DFS Group is planning to open DFS Yalong Bay, a retail and entertainment destination, in Sanya, Hainan, China by 2026. China has plans to make Hainan a tax-free zone , and this mall will be DFS Group’s first property in mainland China (the company operates venues in Hong Kong and Macau).

Planning 264
article thumbnail

Signet Expands into Jewelry Subscription Space with Acquisition of Rocksbox

Retail TouchPoints

Signet Jewelers — parent company of Kay , Zales , Jared and Piercing Pagoda — is expanding its digital offerings with the acquisition of jewelry rental subscription platform Rocksbox. Launched in 2012, the Rocksbox service lets monthly members rent and swap exclusive jewelry styles through its online platform. Drosos in a statement.

Jewelry 165