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Mixed quarterly report shows sales miss but hopes of better second-half results
Upmarket US jeweller to tap rising incomes in the country as it seeks to offset weakness at home
While uncertainty hangs over China trade, US company’s shares are unlikely to regain sparkle
Jeweller also faces ‘dramatic’ fall in foreign tourist spending and hit from strong dollar
One in 20 US traders shut up shop last year as listed jewellers battle declining footfall in stores
Lower sales to Chinese tourists and softening demand weigh on sales
Beijing’s crackdown on ‘daigou’ re-sale industry blamed as jewellery retailer’s shares fall
Alessandro Bogliolo believes the jeweller’s approach has been too conservative
Net earnings rise 26% as strategic initiatives show early signs of success
Young people are generally thought to prefer experiences to products
As more people shop online, physical stores are becoming a millstone for brands
Shareholders doubt momentum after first same-store sales rise in nine quarters
Group could be a luxury takeover target, as Wall Street edges lower
Tiffany ‘breakfasts’ and Walmart fetes thrown as online sites eat stores’ lunch
Jeweller turns to former Diesel and Bulgari executive to reverse slide
