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| Survey: Top 2% Have Cut Spending the Most
JCK-Jewelers Circular Keystone, 10/17/2008  "Ultra-affluents," who represent the top 2 percent of U.S. households, are changing their lifestyles and shopping behavior, according to a recent study taken after the stock market implosion. On a year-to-date basis, the ultra-affluent consumers (incomes $250,000 and above) have cut their spending on luxuries by nearly 20 percent, according to Unity Marketing's Luxury Consumer Tracking Study.>>>
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Gold/nickel ratio may slip due to recession -Deutsche
Thomson Financial News 10.20.2008
LONDON, Oct 20 (Reuters) - The gold to nickel price ratio, a key indicator of economic performance, could fall into single digits if the recession is as deep as that of the early 1980s, Deutsche Bank said.
Such a slip in the ratio would indicate a sharp move higher in gold or a slump in nickel prices. >>>
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IGI Offers Value-add Through Consumer Protection
Diamonds.net 10/20/2008
 RAPAPORT... The International Gemological Institute (IGI) offers potential value-add for retailers through its LaserscribeSM process and Registration and Recovery Service, which affords customer base protection against loss or theft of fine jewelry. IGI invented the United States patented process known as Laserscribe, in which a laser inscribes a diamond identification number (DIN), personal message, trademark or logo on the side (girdle) of a diamond or on an article of fine jewelry.
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Know - How
Stores fish for early Christmas shoppers, few bites
By HANA KIM Oct 19, 2008
 It's Christmas in October. Retailers have already stocked shelves with everything from reindeer to snowmen, hoping to get customers in the holiday mood. "We have noticed a lot of the stuff already set up for Christmas," one sh
opper, Art Vorobyev, told 6 News Sunday. "We took attention to it because it's a little bit early in the season for Christmas shopping." >>>
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Marketing: Not just for holidays anymore
By Joseph Dobrian octubre 20, 2008 New York-Traditionally, many jewelers have saved up their advertising funds and their marketing ingenuity for a big pre-Christmas push. But among the most successful jewelers, the conventional marketing wisdom is that promoting a store brand ought to be a year-round job. Lately, jewelers say they are distributing their resources more evenly through the year, with only a slight ramp-up to prepare for the holidays. >>>
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Curious about estate jewelry?
By Mary L. Johnson octubre 14, 2008  I was, so this past June, I visited the Las Vegas Antique Jewelry and Watch Show. Since I am not an expert in this field, I asked appraiser Charles Carmona of Guild Laboratories in Los Angeles about the market.
I learned that estate jewelry is pre-owned jewelry, regardless of its age. It is attractive to many buyers since one can recapture the style and manufacturing quality of "jewelry the way it used to be," often at a fraction of the cost of a newly manufactured piece.>>>
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"Look for the Answers in the Store" Says Zale's CEO
By Ken Gassman IDEX Online Research 10/20/2008 :
Declaring that "the answers are in the store," Neal Goldberg, Zale Corporation's CEO has set the stage with his management
team and vendors for rebuilding Zale into a highly profitable, financially stable company. This philosophy is both literal and figurative: Zale executives are expected to spend time in their stores, rather than retreating each day - as they have in the past - to the corporate support center in Texas. And, of course, as any good merchant knows: the answers really are in the store. >>>
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PGI launches multimedia platinum campaign
National Jeweler October 17, 2008  New York-Platinum Guild International (PGI) has executed a multimedia marketing campaign to reach consumers and the trade across a variety of mediums, including broadcast, print and online, ensuring platinum's presence on a local and national level. >>>
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Report: Bad time to buy jewelry, consumers say
National Jeweler
octubre 15, 2008 Paso Robles, Calif.-Nearly 40 percent of U.S. consumers believe now is a bad time to buy jewelry, compared with about 14 percent who thought so last year at this time, according to the latest research by the Jewelry Consumer Opinion Council, a division of MVI Marketing Ltd. >>>
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Web Sites Influence Jewelry, Watch Buyers
Jewelers Circular Keystone, 10/14/2008
 Nearly half of the respondents to a recent survey say manufacturer Web sites have some or significant influence on their jewelry or watch purchase, and 43.4 percent say the same about jeweler or retailer Web sites. Respondents to the fall 2008 Ad-ology Media Influence on Consumer Choice survey also cite online video as an influence in their recent purchases, the majority of which are younger male watch buyers, according to the survey, titled, "Media Influence on Consumer Choice: Jewelry & Watches." >>>
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Eleven jewelry crime suspects nabbed
National Jeweler 16 October 2008
The FBI/Los Angeles Police Department (LAPD) Joint Interstate Theft Task Force recently arrested 11 Colombians who were allegedly targeting two traveling jewelry salespeople in Los Angeles, the LAPD reports.According to the LAPD, on Oct. 1, detective and special agents working in tandem on the task force nabbed the 11 suspects, who were traveling in four separate cars, and charged them with conspiracy to commit robbery.>>> |
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NRF to Congress: Round 2 of economic stimulus needed
National Jeweler Octubre 17, 2008
 The National Retail Federation (NRF) is calling on Congress to hold a lame-duck session as soon as possible to address the country's financial state and to include tax relief for consumers in any economic stimulus package adopted.
NRF President and Chief Executive Officer Tracy Mullin said the United States is in the midst of a national crisis in which the instability of the financial markets and the foundering economy have eroded consumer confidence.>>>
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Optimize Websites for Search Success
The Israeli Diamond Industry
 What is the secret to increasing diamond and jewelry sales on the Internet? How can you make your jewelry or diamond website more search friendly? Take the time to read the article below and gain some insightful tips.>>>
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