Women’s Wear Daily
04.18.2014

Financial

Accessories

Financial

Italian Jewelry Firm CA&LOU Finds Partner

The high-end costume jewelry company has found a business partner in Andrea Morante to help grow the brand globally.

Italia Independent, Full-Year, FY, Sales, revenues, Lapo Elkann, 2013, earnings,

Italia Independent's Full-Year Sales Soar

Total net revenues spiked 59.1 percent to 24.9 million euros, or $34.3 million, lifted primarily by sales in Italy and other European countries.

signet, zale, kay jewelers, jewelry, profits, results

Signet Shares Up on Q4, Guidance

Same-store sales rise 4.3% and e-commerce revenues 23.6% in quarter.

Movado Posts Lower Q4 Profits

The company saw a 7% gain in sales.

Tourist Spending Bolsters Tiffany Sales

Earnings were reduced during the fourth quarter by the firm’s $473 million arbitration award to The Swatch Group Ltd.

Currency Fluctuations Impact Swatch

Chief executive officer Nick Hayek said that foreign exchange variations could dent the group’s revenues by up to 500 million Swiss francs.

Jimmy Choo Said Mulling Offering

The shoe company has embarked on a path that could lead to an initial public offering over the next 12 months.

Tod's Profits Fall 8% in 2013

The Italian luxury good maker said net profits were affected by weakness in its largest market, Italy, and by unfavorable exchange rates.

ferragamo, profits, salvatore ferragamo, 2013, net, sales, global, markets, growth, 2014, outlook, footwear, leather goods, Japan, Michele Norsa, China, U.S., South America,

Global Sales Growth Lifts Salvatore Ferragamo

Gains in the firm's core footwear and leather goods categories helped drive a 43 percent jump in net profits in 2013.

Charges, Currency Hit Safilo Profits

Costs related to the company’s management succession plan and restructuring expenses weighed on the bottom line.

Shaya Reiter, ny noir inc., noir, ny noir, lux accessories, sale, purchase, acquisition,

Lux Accessories Acquires Noir NY Inc.

The manufacturer of private-label costume jewelry and fashion accessories has stepped out into the branded arena.

zales, signet, purchase, acquisition, sale, Mike Barnes, Golden Gate Capital, Signet Jewelers, Zale Corp., Jos. A. Bank, Eddie Bauer, Men’s Wearhouse, Target, Canada, Hudson's Bay, HBC, FTC, Maidenform, Hanesbrands, Vera Wang Love,

Signet's Deal for Zale a Sign of Consolidation

Acquisition is expected to create a group with sales of about $6.2 billion and more than 3,600 stores in the U.S., Canada and the U.K.

Signet Jewelers to Buy Zale Corp. for $1.4B

Jewelry giants to create an enterprise with projected annual sales of about $6.2 billion and more than 3,600 stores on two continents.

De Beers Operating Profit Vaults 112%

The diamond miner and seller credited higher revenues, cost controls and favorable currency movements.

Furla, Eraldo Poletto, earnings, profit, 2013,

Furla Sales Rise 7% for 2013

Furla SpA ended 2013 with a 7 percent gain in sales compared with the previous year.

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