| GF Weekly Newsletter March 04, 2008
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GemFind Provides Consumers with Options
Jewelers Circular Keystone, 2/27/2008
The GemFind.com Web site for consumers has a new "buy now or see it first" option that allows users to search for specific diamonds online, go to local diamond jewelers to see the diamonds in person, and then purchase the same diamonds online for their wholesale price. >>>
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St. Patrick's Day Spending Expected to Dip
According to a survey carried out by the National Retail Federation, consumers will spend $3.64 billion on St. Patrick's Day in comparison to $3.76 billion last year. >>>
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The network that lets consumer search for diamonds online and then see it in person at a Local Jewelry Store
Join GemFind now before your competitor does<
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Idexonline, Danielle Max,March 4, New York The diamond and jewelry industry may be lagging behind in the technology sector, but it had better climb aboard the ship of modern technological advances if it wants to maintain and increase its stake in the share of pocket of today's notoriously fickle consumer. This was the key message from the Plumb Club Forum, held in New York March 2-3. >>> |
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Know - How
Diamonds and the 80th Oscars
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| I was busy writing last Tuesday's column when the 80th Oscars went on the air. I heard snatches of the ceremony but completely missed the Red Carpet prelude. I went to the Oscar Web site yesterday and took a glimpse. Below are some descriptions: >>> |
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Fortunoff is poised for takeoff
By JAMES COVERT, March 3, 2008
The newly rescued Fortunoff chain is in for a big growth spurt, and that means expanding far beyond the jewelry-and-housewares retailer's traditional New York stomping grounds. Bought out of bankruptcy in a $110 million deal that's expected to close this week, the Fortunoff business is poised to double in size over the next five years, >>>
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| Lawsuit Settlement Calls For Diamond Refund DALLAS (CBS News) Ginger Allen Mar 3, 2008 A recent lawsuit charged DeBeers intentionally manipulated diamond prices. In a proposed settlement, the company has agreed to refund hundreds of millions of dollars to consumers around the world. >>> |
| JVC helps consumers navigate diamond distinctions National Jeweler February 29, 2008
The Jewelers Vigilance Committee (JVC) has developed a new consumer brochure to help shoppers understand the difference between natural diamonds, laboratory-created diamonds and simulated diamonds. n>>>>
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Marketing
The Rising Price of Platinum. WOW!
The price of Platinum, the metal of choice by Consumers for their engagement rings, wedding rings, and wedding bands has risen meteorically over the past year and on a daily basis especially in the last few weeks. Look at the graph below:>>>
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| Perfect Online Tool for jewelers
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War vets to train as watchmakers
National Jewelry , February 29, 2008
The War Veterans Watchmaker Initiative, in conjunction with the American Watch Guild, will be launching The Watchmaker and Technician Training Program for Disabled War Veterans and War Veterans.
With the number of practicing watchmakers at an all-time-low of 4,400, the goal of the program is to help replenish the shortage of watchmakers and watch technicians. >>>
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| Announcement GemFind is now partnering with First National Merchant Solutions to provide an ideal merchant processing program designed to save you money. If we can't save you money, we'll pay you $100.
Call (ph.) 800-516-6242 and tell them you are calling about
GemFind's $100 Meet or Beat Guarantee and ask for
Jim Kilcoyne at Ext. 4957.
* Offer is subject to change at any time.
For more info, please click here
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| FTC Seeks Public Comment on Platinum Guides
Jewelers Circular Keystone, 2/27/2008
The Federal Trade Commission has issued a Federal Register Notice asking for comments on its proposed amendment that would allow jewelry marketers to use the term "platinum," or an abbreviation, to describe platinum and non-platinum group metal alloy products, the Jewelers Vigilance Committee said Wednesday.>>>
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| 2007 revenue rises 42% at jewelry auction site Bidz.com
internetretailer.com, February 29, 2008 Net revenue at jewelry online auction retailer Bidz.com Inc. rose 42% to $187.1 million for the 12 months ended Dec. 31, 2007, from $131.8 the prior year, as fourth-quarter net revenue increased 68% year-over-year to $63.2 million from $37.6 million, the company says. >>> |
| Diamonds are still a girl's best friend March 1, 2008 Here's my idea on how to solve the little economic slump we find ourselves in right now.If you're a U.S. citizen and purchased diamonds not for resale between Jan. 1, 1994 and March 31, 2006 you can visit DiamondsClassAction.com and file a claim. Here's why: De Beers is the largest supplier of rough diamonds in the world. >>> |
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