GemFind Newsletter 3-29-2016

Oregon Named as Site for Next Blue Nile ‘Webroom’

 Michelle Graff      National Jeweler     March 29

The e-tailer announced Monday that it plans to open another physical location--its fourth overall and third to open this year--this summer at the Washington Square Mall in Portland, Ore.The Westchester location is slated to open in early summer while opening of the Tysons Corner 

U.S. Jewelry and Watch Sales Increase Again in February

Rapaport News       March 29

U.S. jewelry and watch sales from all retail outlets rose 4.5 percent to an estimated $6.17 billion in February, according to provisional data from the government released March 28. The sector’s total for January was revised, as is often the case, to a growth rate of 5.5 percent, meaning the increase was slimmer than previously stated.

Baselworld 2016: Corum Dazzles With Bubble High Jewelry Skeleton Watches

 Roberta Naas Haute Time  March 22

Here at Baselworld 2016, Corum unveils the dazzling Bubble High Jewelry Skeleton watches - a trio of three incredibly alluring diamond- and gemstone-set Bubble watches with open-worked, ultra-thin movements that are also meticulously set with  stones.

Rocks On: Rubies and Name Recognition

Brecken Branstrator   National Jeweler March 29

It appears the future of the ruby market will depend on the material coming out of Africa--how long it will last and how long it will take buyers to fully accept it. Mining giant Gemfields will play a huge part in this with their mine in Mozambique and marketing efforts.