Kohls jewelry and jewellery sale is off to a fast start as sales skyrocketed Thursday after the New York Post reported that former President Donald Trump is selling off his own jewelry.
Gurney’s jewelry has been a major seller for the Trump Organization since his presidential run, but now that he’s president-elect, it has fallen on hard times.
Sales for Gurnew’s jewelry jumped from a low of just over $3 million in December to a high of $30 million last week, a sign that many of the proceeds have been spent.
The sale was the latest in a series of jewelry deals that have taken place since Trump won the 2016 presidential election.
The president-trickster was criticized in November after he used his brand name to sell a $2 million gold chain and $3.5 million handbag.
The sales were not made public and Gurny’s brand was never publicly identified, although the sales have been widely reported by the media.
But some of the sales, like a pair of diamond earrings that Trump bought at auction for $1.3 million, were not disclosed publicly.
In January, Trump’s son Donald Trump Jr. sold his own signature earrings for $2.5 and $2,500.
On Thursday, the Post reported Gurnee Johnson Jewelers, a company that sells jewelry for the New Jersey-based company that owns Gurnsey’s, had sold off a substantial amount of its inventory of jewelry.
In an email to the paper, a representative said Gurnea’s had sold “about 25%” of its jewelry stock in the past year.
The sale of jewelry is a big deal for Kohls, which has been struggling to compete with online sales for jewelry, said Jim Henson, president of global sales for Kohl’s U.S. and Canada.
But he added that the company was not surprised by the news, as the jewelry business has been “underperforming” for years.
“It’s not that they’re losing money, but it’s a real problem,” Henson said.
“It’s hard to sell jewelry when you have to take on a lot of risk.”
The Kohls sale comes just days after another jewelry company, Tiffany &Lavish, announced plans to buy the business of Gurnehans jewelry brand.
Tiffany’s president, Jeffrey Katz, told reporters on Thursday that he expected to sell Tiffany’s jewelry business to Gurneys “one day.”
Tiffany has also been buying jewelry from other brands, including Chanel, Gucci, Tommy Hilfiger and Valentino.
The company has also said it is in discussions with Gurnefers jewelry company about a possible acquisition.
Kohls also has been working on a new product, a new-generation bracelet.
The new bracelet will be available for pre-order through its website.
The bracelets will have a special design that is different from the ones sold at Tiffany.
It is called a Gurnella bracelet, and it will cost $50 and go on sale in March.