Chow Tai Fook Joins CIBJO

CIBJO, the World Jewellery Confederation, confirmed the membership of the Chow Tai Fook Jewellery Group, the largest jewellery retailer in Asia. “We would like to thank CIBJO President Gaetano Cavalieri and the…

Fitch Upgrades Alrosa Rating To BBB, Outlook Stable

Fitch Ratings has upgraded public joint stock company Alrosa’s Long-Term Issuer Default Rating (IDR) to BBB from BBB-. The outlook is stable. Fitch noted the following key drivers behind the rating upgrade:…

NRF Ups 2021 US Retail Forecast To $4.44 Trillion

The National Retail Federation (NRF) issued its revised annual forecast for 2021, anticipating that retail sales will now grow between 10.5% and 13.5% to more than $4.44 trillion this year as the…