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US Jewelry Business Closures Slow in 1H Diamonds.net July 23 The rate at which the US jewelry industry is shrinking slowed in the first half of 2017, as the number of businesses that closed dropped by 34% to 553, according to the Jewelers Board of Trade (JBT). “The decline in the number of companies ceasing operations was spread through all regions of the United States, with the Northeast seeing the |
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Blue Nile Plans To Open Its Sixth Webroom, To Cater To Boston Metro Area IDEX July 24 Online jeweler Blue Nile plans to open its sixth so-called Webroom in the Mall at Rockingham Park in Salem, New Hampshire this coming fall aimed at serving the Boston metropolitan area.Its Webrooms are essentially display locations with a retail setting so that consumers can see hundreds of goods available for sale which can then be ordered on a PC, by smartphone or via a tablet. |
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THE HIGH VOLATILITY OF THE DIAMOND INDUSTRY The Israeli Diamond Industry July 25 In a recent piece titled “Quarterly Recap of Rough Diamond Prices Since the Global Financial Crisis”, diamond analyst Paul Zimnisky analyzes the prices of rough diamonds since 2007. According to the piece, the global financial crisis, which unfolded in 2007, did not impact rough diamond prices. |
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| AGS Sustaining Firm Member Spotlight: GemFind  For over 18 years, GemFind has provided web technology solutions to the jewelry industry. They have been a member of the American Gem Society (AGS) since 2003, partnering with a significant number of their fellow AGS members, assisting them with their online presence and marketing. After selling his computer software development company, the founder and CEO of GemFind, Alex Fetanat, began importing emeralds from Colombia. By the late 90s, he saw the need for technology in the jewelry industry. Since then, GemFind has developed a multitude of apps and tools to help the industry stay competitive in this digital age.
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Suspects Arrested Attempting to Steal Sarine's Diamond Tech IP |
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The Diamond Loupe |
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July 24 |
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|  Sarine, a developer of technologies for the diamond industry, stated in a press release that two Indian suspects were arrested in Tel Aviv on suspicion of attempted theft of Sarine's Intellectual Property. The two were arrested during a meeting in which US$100,000 in cash was handed over as
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Bulgari’s High Jewelry Collection Is A Colorful Italian Celebration The Jewelry News Network July 21 The Italian luxury brand, Bulgari, known nearly as much for presenting a lavish lifestyle as for its luxurious jewels, has put together a collection of more than 100 colorful jewels and watches that represents the diversity of Italian celebrations. |
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Here Are the Winners of the 2017 WJA Awards National Jeweler July 25 The Women’s Jewelry Association honored a number of jewelry industry leaders at its annual Awards for Excellence gala, held Monday night at Chelsea Piers in New York. The first award of the night, for Design, went to Wendy Brandes, who thanked those who helped her launch her second career |
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Jewellery’s Naughty Little Secret: Treated Gemstones Gemstone.org July 20 “Here in the US, if it’s pretty, it sells,” says Gary Roskin, executive director of the International Colored Gemstone Association. Processes like heating gemstones to enhance their colour are so common that “no-one is really concerned,” he adds, but |
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| The Most Advanced Web Technology for Jewelers |
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Kenneth Jay Lane, Jewelry Designer Who Made a Fortune Faking It, Dies at 85 |
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The New York Times |
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July 20 |
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| He came to be regarded as the first American jewelry designer to make it not only acceptable but also chic to wear fake jewelry, and in reaching that plateau he transformed himself into a high-society, jet-setting businessman with a lifestyle that was anything but cheap. 
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JewelCloud Member Spotlight 
Contact GemFind to add products to your web site and Facebook page! |
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Flont Is Changing How to Buy Fine Jewelry Online |
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| Historically, the world of fine jewelry has been regarded as a members-only club that prided itself on being exclusive and restricting acceptance into its fortified confines to those with stature and oodles of money. Opening the doors to the masses, so to speak, is Flont, a new fine jewelry e-commerce site that is joining the luxury-on-loan bandwagon
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| GemFind Provides Technology You Do Business! |
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| If you have any comments or suggestions, please call us at (800) 373-4373 |
| www.GemFind.com |
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