Jewelry

NEW YORK — Tiffany & Co. is shifting and expanding responsibilities for two executive vice presidents, Beth Canavan and Frederic Cumenal.

Cumenal joined Tiffany in March 2011 from the LVMH Group. He has been responsible for Tiffany’s businesses in Asia, Japan, Europe and Emerging Markets. Effective immediately, Cumenal will expand his role to assume responsibility for all of Tiffany’s worldwide sales activities.

Washington, D.C. -- Most consumers will take a conservative approach with their holiday gift-giving budgets, according to NRF’s holiday consumer spending survey conducted by BIGinsight. The average holiday shopper will spend $749.51 on gifts, décor, greeting cards and more, up slightly from the $740.57 they spent last year. NRF forecasts that holiday sales will increase 4.1% to $586.1 billion.

New York -- Saks Inc. has opened its first Saks Fifth Avenue store in Kazakhstan, in the city of Almaty.

Seattle -- Online jewelry retailer Blue Nile said Thursday it has launched two new websites that cater to French- and Spanish-speaking shoppers. The sites also take purchases in the preferred currencies.

“Constantly improving our service and shopping experience for our international customers is one of our primary goals, and I am thrilled with the launch of our French and Spanish language websites,” said Vijay Talwar, Blue Nile president and general manager of International.

Indianapolis -- Simon Property Group said that a new lineup of tenants has committed to opening at its St. Louis Premium Outlets property in Chesterfield, Mo., bringing the center to 75% pre-leased.

BCBGMAXAZRIA, Charlotte Russe, Jos. A. Bank, Motherhood Maternity, Max Studio and Sarar will open new stores at the value destination. Sportswear and accessories brands to be featured at the property will include Bass, Gold Toe, Jockey, Rue21, Saucony, Sperry and Vera Bradley. Others include Kitchen Collection, Samsonite, Fragrance Outlet and Ultra Diamonds.

ATLANTA — The Home Depot has named Mark Vadon to its board of directors. Vadon will be a member of the audit and finance committees. His appointment gives the company 11 directors, 10 of whom are independent.

Santa Clara, Calif. -- Burberry, Tag Heuer and Wolford will join Westfield Valley Fair’s collection of luxury retailers, marking the debut of the South Bay shopping center’s first phase of significant expansion.

The new stores will join Cartier, Mont Blanc, Louis Vuitton and Tiffany & Co. on the east side of Westfield Valley Fair.

New York -- Prudential Douglas Elliman's Retail Group said it has arranged a long-term lease for LUMAS Galleries at 1100 Madison Avenue, between 82nd and 83rd Streets.

The German-based art dealer’s only current U.S. location is on West Broadway in SoHo.

LUMAS Galleries is moving into the former City Market Café space, which is surrounded by neighboring businesses such as Jonathan Adler, Peter Elliot, Lululemon, Coach, Alexis Bittar, Theory and Tumi.

ST. PETERSBURG, Fla. — Fashion consultant Fern Mallis will debut a jewelry collection for HSN on Oct. 10.

The 22-piece assortment features various statement pieces including a show-stopping layered necklace with matching cuff, embellished bangles, chunky necklaces and gem encrusted rings and earrings from $35 to $139.

New York -- The Jones Group Inc. said Wednesday it has appointed Kathy Nedorostek to the newly created position of group president, global footwear and accessories, effective mid-October.  

In her new position, Nedorostek will oversee footwear, handbags and jewelry for Jones Group.

Nedorostek arrives at Jones Group from Coach, where she was president of North America Wholesale and Global Licensing.