Global diamond demand to outpace supply

Worldwide Diamond Consumption to Surge by More Than 60 Percent by End of Decade Global diamond demand will outpace supply, signaling solid pricing prospects and a strong positive outlook for the industry overall, according to the 2012 Global Diamond Industry Report, released by global business consulting firm Bain & Company. A surge in rough diamond … Read more

Online luxury retail proves that smaller and newer brands can shake up incumbents

2012 Luxury Online Experience Index (LOEI) survey   Wealthy shoppers with minimum annual income of $150,000 rated the online experience at websites of 10 traditional luxury retailers and 16 online-only retailers in the 2012 Luxury Online Experience Index (LOEI) survey by the independent New York-based Luxury Institute. LOEI scores include evaluations of a site’s navigation, … Read more

Nordstrom, Bergdorf Goodman and Barneys New York ranks first in luxury for wealthy shoppers: survey

  Nordstrom Ranks First in Luxury for Wealthy Shoppers; High-End Retailer Earns Top Scores on Multiple Measures of Customer Experience and Loyalty   Wealthy U.S. shoppers earning at least $150,000 a year rank Nordstrom highest among luxury retailers in the 2012 Luxury Consumer Experience Index (LCEI) survey by the independent New York-based Luxury Institute. LCEI … Read more