GemFind Newsletter 10-18-2016

GemFind, the leading technology provider ot the jewelry industry, is pleased to welcome Gemsone to the industry's fastest growing social product network, JewelCloud®, Gemsone can better reach their retailers and feed products straight to retail websites and retailers can provide a full, current inventory to customers.

Read the full blog here.

JewelCloud®

Future of The

Retail Jewelry

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1-800-373-4373 or email info@gemfind.com

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3 Reasons to Refresh Your Jewelry Store Website

GemFind Blog

Web technology is growing and evolving at an alarming rate. Just when you think you are on the cutting-edge of a new trend a new one emerges. To keep up with your competitors in the jewelry industry, it is very important to show your store is changing along with the demands of its consumers.

How to Monitor Your Social Media Presence

GemFind Blog

In order to effectively execute your social media management, you need to have tools in place to actually measure your online social media presence and gauge your success.This means that you need to have clear goals for your social media marketing campaigns and know which metrics you are looking at.

Diamonds.net Oct. 18

The Gemological Institute of America (GIA) reported the “largest” CVD synthetic diamond it has examined to date, after the stone was submitted for grading without notification of its lab-grown origin.The cushion modified brilliant, 5.19-carat diamond with J-equivalent color and VS2-equivalent clarity was submitted at the GIA’s Hong Kong laboratory.

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Jewelry Store Owner Sentenced for Memo Fraud

Rob Bates JCK October 17

Former North Carolina jeweler Dina R. Garfinkel has been sentenced to 41 months in jail for defrauding 12 wholesale companies of at least $400,000 in merchandise that she ordered on memo. Garfinkel, the former owner of Nikki B. Designs in Flat Rock, N.C., first pled guilty to mail fraud in April 2016. She was first indicted last December.

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GIA’s Latest News of an Undisclosed Synthetic Should Worry Us All

Rob Bates JCK Oct. 14

For the time being, though, those machines mostly remain too expensive and complicated for the average jeweler or dealer. So it pays to be prudent—and this is particularly true for retailers who buy from the public. Deal only with people you completely trust.

JewelCloud

REVOLUTIONISE

ONLINE SALE

OF RETAIL JEWELRY

This is what US$600 million worth of jewellery looks like

JACQUELINE TSANG scmp.com Oct. 12

Graff’s Exhibition of Rare Jewels in Hong Kong showcases 80 unique jewels, including the famous 132.55 ct fancy intense yellow diamond, The Golden Empress.

ROBERTA NAAS Haute Time Oct. 17

Yes, we did say Pocket Watches. In fact, this year more than ever before, we have witnessed a stunning resurgence of pocket watches for men that makes this category of watches one of the most exciting and elegant on the market.

Market Plus Oct. 14

The just-released De Beers 2016 Insight Report forecasts nine dominant features and trends that are likely to influence the international diamond business, not just moving ahead into 2017, but for several years beyond.

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Holiday Season

800-373- 4373

Product Pulse: Diamond Fashion Jewelry Sales

Michelle Graff National Jeweler Oct. 18

Of the jewelers who responded to National Jeweler/Jewelers of America’s latest poll, 80 percent reported that their sales of diamond fashion jewelry have not grown in recent years. Conducted between Sept. 29 and Oct. 11, the Product Pulse polled retailers about sales of diamond jewelry outside the realm of bridal.

Attendance Drops 3.2% At Hong Kong Jewelry Fair

Anthony Demarco Jewelry News Network Oct. 18

The attendance, which still ranks the annual event as the top fine jewelry trade fair in the world, is a 3.2 percent decline from the prior year. It is the second consecutive year that the fair saw a drop in attendance.

Ken Gassman IDEX Oct. 18

Total sales of fine jewelry and fine watches in the U.S. market rose by an estimated 2.7 percent to $5.8 billion in August 2016, according to preliminary data from the U.S. Commerce Department, as the graph below illustrates.