GemFind Newsletter 7-7-2015

JCK recently confirmed how vital a responsive website is to jewelers of today. "We’ve said it before and we’ll say it again: If you haven’t optimized your website for mobile traffic, you’re losing potential customers before they have a chance to walk through your door. That goes triple if you’re in the bridal business." - JCK Publishing

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The heat is on

Brecken Branstrator National

Jeweler July 06

To say that I’m excited that summer is finally in full swing is an understatement. This was a long, hard winter, followed by a very busy spring, and I’m glad that it’s finally time to sit back, relax and soak up the sun. That’s why I love all the summer- and vacation-inspired jewels that I’ve been seeing lately; they seem to share in the sense of celebration and wanderlust that the season brings with it.

Ronen Shnidman Diamonds.net JuLY 07

European Gemological Laboratory (EGL) operations outside of North America will adopt a unified grading standard to restore the reputation of the lab's grading reports, the company announced on Monday. Menahem Sevdermish, EGL's global manager told industry members meeting at the Israel Diamond Exchange (IDE) that all company labs outside of North America

Millionaires: The Best Jewelry Customer

Ken Gassman IDEX July 07

TheJewelers worldwide know that their best customer is a high-income, wealthy individual. They know that wealthy people spend substantially more on jewelry – disproportionally more by a substantial amount – than less wealthy people. In the US, the typical high-income household with $150,000 or more in annual income spends four-to-five times more on jewelry than lower-income households.

Edhan Golan July 03

From top to bottom, the diamond market is changing, and in most places the change is anything but positive. The upcoming Sight, business failures in India and Israel and the languishing retail market all have issues. Not all is bad though, there is some good news as well. Read More

Simplify Life

Bill Boyajian

If you find yourself with undue stress, your life is likely far too complicated. We all tend to jam too many things into one lifetime, and the result is an unhappy, highly pressurized lifestyle. Instead, why not simplify things? By making a few key choices, you can take control of your schedule and eliminate some unimportant busyness that is meaningless anyway. Read More

The End of the Diamond Grading Game?

Rob Bates JCK

July 06

A friend once asked the head of a lab notorious for overgrading how he lived with himself. Simple, the man replied. If I were supplying such a horrible product, why do I have so many customers? Sad to say, he had a point. The trade (well, a lot of it) has only itself to blame for the current diamond grading mess. As one longtime industry observer told me:

Charles Garnier announces winners of Apple watches

National Jeweler July 07

Three retailers who took five minutes to check out Charles Garnier’s new collection at the JCK Las Vegas show last month are now owners of the new Apple Watch. In an effort to promote its new Mesh collection, Charles Garnier Paris set up a promotion where it would raffle the $10,000, 18-karat yellow gold Apple Watch Edition and two other Apple watches at its booth at the JCK Show on June 1.

Anthony Demarco Jewelry News Network July 03

For Most design and art movements are relegated to historical discussion and occasional bits of nostalgia. The concepts of the Art Deco era, at least in jewelry, buck this trend and continue to be vibrant and modern.At the Baselworld and Couture tradeshows this year, as every year, a number of companies were producing contemporary jewelry pieces using Art Deco themes.

Sotheby’s to auction Cromwell-era ring unearthed by metal detector

Tom Davis Jewellery Focus July 07

An English, late 15th Century ring that was found using a metal detector is to be offered for auction. The ring was discovered in 2013 near Launde Abbey, an Elizabethan manor house once home to Thomas Cromwell’s son, and will be offered for auction by Sotheby’s in London on Thursday, July 9, in a sale of ‘Old Master Sculpture & Works of Art’.

GETTING SOCIAL 101

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What’s your Jewelry IQ?

Mia Katrin Southern Jewelry News

You’re a jewelry professional. But how much of a jewelry expert are you? Test your jewelry IQ with this fun pop quiz. (True or False) The story of jewelry is rich and colorful. Weaving this lore into presentations to clients adds romance and emotional appeal. It’s the story that sells. It burnishes your reputation as an expert.

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Omnichannel is the ‘new reality’ for retailers

Michelle Graff National Jeweler

July 06

While Amazon.com is still growing, it seems that brick-and-mortar retailers are learning how to keep pace. For the first time last year, the Seattle-based e-tailer cracked the top 10 in Stores magazine’s annual list of U.S.’s 100 largest retailers, coming in at No. 9. And it is at No. 9 that Amazon.com stayed this year, in a top 10 that is little changed from last year.