The company, which operates approximately 1, 860 retail jewelry stores in the U.S. and U.K., was led by the strength of U.S. operations, while its U.K. business sales were slightly down or flat, year-over-year.
Apparel retailers have been led by the high-low strength factors of luxury shoppers and those shoppers who are looking for bargains, as the middle-class earners keep their wallets closed for non-essential items.