| GF Weekly Newsletter May 27, 2008
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| What's New?
| If you are attending the JCK show in Las Vegas, we highly recommend visiting GemFind. With many online marketing services for the Jewelry industry, be sure to add GemFind as one of the must be seen companies. With the launch of the new GemFind.com, you would want to participate as as wholesaler or retailer. |
If you are a retailer, stop by the booth for a Free access to Gemfind.net for one complete year, a value of $1200.
www.GemFind.net |
Visit GemFind at the JCK Show
Las Vegas Equipment, Technology & Services Pavilion Booth 61401 |
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Visit GemFind at the JCK Show Las Vegas
Equipment, Technology & Services Pavilion
Booth 61401
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| Retail E-Commerce Growth Up 15% in April JCK-Jewelers Circular Keystone, 5/26/2008
ComScore, Inc. released retail e-commerce data for April 2008, which showed that the year-over-year growth rate rebounded to 15 percent, following an increase of just 9 percent in March. Further details on April's retail e-commerce are provided below. >>> |
| IDEX Online Research: Harry Winston: Uber-Luxury Jewelry Sales Don't Necessarily Mean Big Profits
By Ken Gassman May 22, 08
Harry Winston Diamond Corporation's 2008 annual report to shareholders highlights one of its key strategies: "The company focuses on the two most profitable segments of the diamond industry, mining and retail, in which its expertise creates shareholder value." While we agree with this statement conceptually, there is a problem: the retail segment of the company's business - world premier retail jeweler Harry Winston - doesn't seem to be contributing to that strategy. >>>
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| Isee2 helps jewelers merge brick-and-click
National Jeweler 5/23/2008
Isee2 Diamonds will introduce a new retail concept that will help jewelry stores merge traditional retailing with e-tailing.
According to a release from isee2, the program, set to launch at the JCK show next week in Las Vegas, consists of two components: a microsite and physical upgrades for retailers' stores.>>>
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| GemFind.com ...Is Launched The network that lets consumer search for diamonds online and then see it in person at a Local Jewelry Store
Join GemFind today before your competitor does
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CIBJO, IDMA, WFDB Issue Joint Statement on Lab-grown Diamonds
By Jewelry News , May 23, 2008
The presidents of CIBJO (The World Jewellery Confederation,) the International Diamond Manufacturers Association (IDMA,) and the World Federation of Diamond Bourses (WFDB,) have issued the following statement: CIBJO recognizes and respects the revised IDC Rules for Grading Diamonds, which was prepared by the International Diamond Council (IDC,) which is a joint committee of IDMA and the WFDB, concerned with diamond grading standards and nomenclature. The revised rules were approved in Shanghai by the executive committees of both IDMA and WFDB. >>>
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| Joining California's new Gold Rush
BBC News, California May 23, 2008
In America, record prices are fuelling a new Gold Rush - 160 years after thousands descended on California, seeking riches. With uncertainty in oil and stock markets, gold is seen as a stable investment - it hit a new high of more than $1,000 (£500) an ounce earlier this year and some think there is money to be made once more. "You can pay your bills, if you live meagrely," says John Gurney, who gave up his job six months ago to become a full-time gold prospector. >>>
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| Another Traveling Salesperson Robbed in Texas
Jewelers Circular Keystone, 5/21/2008
Three persons wearing ski masks and armed with knives robbed a jewelry salesperson in North Texas on May 7, the Jewe
lers' Security Alliance reports.
The persons blocked in the salesperson's car near a building on LBJ Freeway, JSA said in its "Crime Alert," e-newsletter Thursday. The salesperson ran and the suspects chased him and took his diamond merchandise. The suspects slashed the tires of his car before fleeing. >>>
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| Tiffany Serves Jewels to Tennis' Golden Girl By Deena Taylor, May 25, 2008
Maria Sharapova is well prepared to shine at this year's French Open after partnering with Tiffany & Co to wear its jewels when the tournament starts on Sunday.
Sharapova, 21, who has won every grand-slam except the French, will take to the court wearing a pair of Tiffany designer Elsa Peretti's 18 karat gold earrings, and a Nike tennis dress accessorized by the fine jeweler. >>> |
| 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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| MARKETING
Retailers will face weaker 2008 sales By Anne D'Innocenzio / Associated Press May 23, 2008
The latest reports from the nation's merchants show that higher energy and food bills and slumping home values are pressuring shoppers so much they're being forced to nibble at the edges -- buying single pillows rather than whole sets and opting for new paint instead of renovating. The weakening climate could also spell more store closings and layoffs, as the industry looks ahead to a second half of 2008 that could be worse than the first half. >>>
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| Gold jewelry demand declines 21 percent in 1Q
National Jeweler , 5/21/2008
Gold jewelry demand declined 21 percent in the first quarter of 2008 as compared to the same period in 2007, marking the lowest quarterly level on record since 1993, according to the World Gold Council's gold demand trends report for the first quarter of 2008. >>>
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| World Jewelry Center Appoints Girty to SVP of Commercial Office Division By Jeff Miller May 21, 2008
The World Jewelry Center (WJC) appointed David T. Girty to a newly created position of senior vice president of the future development's commercial office division. Girty's extensive experience in the commercial real estate industry throughout southern California includes executive posts with prominent firms such as Transwestern Commercial Services, PM Realty Group, and Grubb & Ellis Company where he was a senior vice president recently. >>>
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| Use discipline to define your brand National Jeweler May 23, 2008 Remember that old catchphrase, "You only get one chance to make a first impression?" This is a good way to think about your brand's identity and how your customer thinks of you.
When a person passes by your store or trade show booth, views your magazine ad or Web site, sees someone carrying your shopping bag and so on, they are being exposed to your brand's identity. Within each of these consumer.>>> |
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Keep rival sales associates from behaving badly
National Jeweler May 21, 2008
In retail, a little competition can be a good thing, as it keeps salespeople on their toes and prompts them to push one another to achieve and exceed their goals.
Sometimes, however, the competitive spirit among members of a sales team can get so intense, it causes discord and dissension-and, as the team leader, you can end up in the unenviable position of having two valued team members who actually dislike and resent one another. >>>
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