GemFind Newsletter 6-16-2015

Fine jewelry designer LeVian® is the latest vendor to join GemFind’s social product network JewelCloud®. With JewelCloud, LeVian® can quickly update current retailers on products, collections and pricing while connecting to new retailers in the network. GemFind is proud to feature LeVian’s quality brands including LeVian Chocolatier®, LeVian Red Carpet®, Chocolate™ by Petite Le Vian®, LeVian Bridal®, and Le Vian Exotics®.

JewelCloud® The Future Of Retail Jewelry

Call GemFind toll free at 1-800-373-4373 or email info@gemfind.com to learn How You Can Join JewelCloud®.

5 standout trends from Las Vegas

Hannah Connorton National Jeweler June 15

The use of baguette diamonds, as well as chokers and collars, were noticeable jewelry trends at both the Couture and JCK shows in Las Vegas earlier this month. There was also stackable jewelry, most often see in rings but also in smaller, daintier necklaces and bangles.

Presidents Meeting Opens to Challenges Facing the Midstream

Ronen Shnidman Diamonds.net June 15

The opening session of the World Federation of Diamond Bourses (WFDB) and International Diamond Manufacturers Association (IDMA) presidents meeting in Tel Aviv on Monday highlighted the most pressing issues facing the midstream of the diamond industry.

Retailers Support Introduction of Remote Transactions Parity Act

Danielle Max IDEX June 16

The RTPA will provide sales tax parity at the point of purchase so that Main Street retailers do not face a competitive disadvantage because they are required to collect the sales tax owed on purchases while remote and online sellers are not required to collect the tax.

Is the Diamond Producers Association the answer? HANDLEYS June 11

On the 27th May, seven of the world’s diamond supply leaders, including firms like De Beers, whom in 1989 controlled 80% of the global rough diamond market, set up the Diamond Producers Association (DPA). The DPA label themselves as the world’s first “international representative organization for the diamond industry”; they are expected to play an important and positive role in supporting the diamond sector. Read More

The Jewelry Retail Challenge: Think H&M

EDHAN GOLAN

June 12

As we all know, the jewelry retail sector is struggling and facing many challenges: from declining consumer interest to limited marketing, from competing categories to unclear propositions, from confidence-eroding scandals to difficult pricing. Even benchmarking performance and prices is not widely available. And these are just internal issues.

My favorite Vegas appointments

Brecken Branstrator National Jeweler June 15

I’d say this year was a pretty great Las Vegas market week, wouldn’t you? The mood seemed cheerful wherever I went, and the designs I saw were on point. I love that we can see that fine jewelry is taking more risks and embracing the truly unique and innovative. Here are just a few of the appointments and meetings I liked best from our time there.

Kelly Sapphire’ And 16-Ct. Diamond Necklace Each May Fetch $2 Million

Anthony Demarco Jewelry News Network June 14

The jewels of business woman and philanthropist, Margaret Adderley Kelly, will lead Christie’s final jewelry auction of the spring season in New York on Tuesday. The 28 lots in the private collection include a Cartier Kashmir sapphire ring and an Art Deco diamond pendant

Top 5 Results At The Sotheby’s New York Auction

Arthur Touchot Haute Time June 13

Sotheby’s auction in New York City, on June 11, was unsual for a number of reasons, with a selection of rare timepieces, some of which had never gone under the hammer before. But what surprised us most was the large presence of modern watches, with watches from 2011 and 2013 smashing their estimates

GETTING SOCIAL 101

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A Tale of Two (Very Interesting) Stores: Le Vian by Jared and Blue Nile

Rob Bates JCK

June 11

Two noteworthy stores premiered recently—both, oddly, in the same mall—and they both mark departures for their parent companies. The Le Vian by Jared store, which opened at Roosevelt Field Mall in Garden City, N.Y., on May 22, is Signet’s first store devoted to a single brand.

WHAT DATA CAN DO FOR YOU

Good Data is the Heart of a Successful Online Marketing Strategy

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How to bring seasonality to your e-commerce site

Kevin Sparks Jewellery Focus

June 15

Jewellers and watch retailers are experts at dressing their shop windows and their physical stores to attract customers and entice them to part with their cash: and exactly the same approach should be taken online.