With Victoria in the midst of a scorching heat wave, the Australian jewellery industry sought the air-conditioned comfort of the Melbourne Jewellery Expo across three days.

Economists are expecting this year’s Valentine’s Day to be an occasion to remember for Australian retailers, with sales records expected to be set.

The Australian Competition and Consumer Commission (ACCC) has completed a sweep of more than 2,000 retail websites and highlighted concerns around return policies.

Pandora has reported a significant increase in sales across the fourth quarter of the financial year, following a high demand during the holiday season.

Rolex has decided to terminate the Carl F. Bucherer brand just two years after a dramatic acquisition, according to media reports in Switzerland.