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Growth at the retail division of Warren Buffett’s Berkshire Hathaway slowed in the third quarter as supply-chain issues led to an inventory shortage.The unit which includes jewelry chains Borsheims, Helzberg Diamonds and Ben Bridge Jeweler saw sales increase 5% year on year to $4.8 billion,. ....
US holiday spending is set to top last year’s record figure, as consumers dip into their savings and rely on credit to provide gifts for loved ones, the National Retail Federation (NRF) has forecast.Retail sales in November and December will grow between 6% and 8% year on year, for a total of. ....
Titan Company’s sales and profit jumped in the second fiscal quarter as the Indian retailer benefited from solid festive demand. Revenue including at subsidiaries climbed 22% year on year to INR 92.24 billion ($1.11 billion) for the three months ending September 30, the company reported. ....
Gemfields will sell a cluster containing 187,775 carats of emeralds at an upcoming rough tender, expecting it to garner a company record price for a single emerald piece.The miner recovered the Kafubu Cluster in March 2020, it said Wednesday. It is named for the river that forms the natural. ....
A 6.25-carat emerald that spent nearly four centuries in the depths of the ocean is set to go under the hammer at an upcoming Sotheby’s sale in New York.The octagonal step-cut gem, salvaged from the fabled Nuestra Señora de Atocha shipwreck of 1622, will be one of the items the auction house. ....