There is a willingness to comply with new government-mandated regulations, with an insistence that they should be practical and realistic.
Finally, some glimmer in the numbers
No secret that there's a nasty economic undertow dragging on our industry. Many are hoping simply to keep their heads above water until the heavy surf subsides. Finally, several items have surfaced that I see as positive. The first came...
No secret that there's a nasty economic undertow dragging on our industry. Many are hoping simply to keep their heads above water until the heavy surf subsides.
Finally, several items have surfaced that I see as positive. The first came Monday in Tiffany's release of its fiscal 2008 financial results. Tiffany Chairman and CEO Michael Kowalski is one of the best, and it's always valuable to listen closely to what he says.
In the statement, Kowalski indicated that while we'll continue to see "challenging economic conditions throughout the year," the decline will become less severe as we move toward the latter part of the year.
More positive yet, Sterling, in a statement of its annual financial results that it issued today, noted that sales are down only 2.7 percent for the first seven weeks of the current fiscal quarter. Further, Valentine's Day was relatively strong, and these results are even better when the timing of Easter this year is calculated in. Margins are improving, too.
There's nothing that we at the magazine here want more than improved conditions for everyone in the industry. The conversation consistently seems to turn to when the downturn will bottom out. Still not certain on that one. But these two items, along with the stock market's rally of the past few days, are the first things we've had to cheer about in quite some time.
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A combination of factors is driving growth in the industry despite the precipitous drop in prices across the board.
The zone’s modernization will enhance and increase India’s jewelry manufacturing capabilities while aiding small and mid-sized businesses.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.
The company plans to invest $25 million in marketing initiatives to boost awareness around its namesake and licensed brands.
Optimism about the current state of the economy was offset by anxiety around inflation and the political environment.
Ho Brothers offers scalable solutions for the future of custom jewelry.
The former WJA executive director is MFM’s new managing director.
DDG encourages retailers to educate customers on the positive impact of purchasing natural diamonds.
Highlighting the most iconic Tiffany collections, it’s inspired by the company’s late window designer, Gene Moore.
Jen Cullen Williams and Duvall O’Steen explore how jewelers can save time and money by using AI to analyze engagement and create content.
The retailer previously turned down an $8.4 billion offer in 2018.
The Florida store’s owner Miguel Gonzalez is retiring.
The lab stresses the importance of accurate identification, as the difference in price is “substantial.”
The brand also plans to expand its retail footprint from 138 to 200 stores over the next three years.
One is reserved for a NAJA member, the other for a non-member.
Longtime employees Carie Lehrke and Megan Mattice have received promotions.
Three guests joined National Jeweler and Jewelers of America to discuss trending time periods, spotting reproductions, and more.
Chris Clipper and Robert Lepere join the company with 50 years of combined experience.
The trendy, metallic earrings wink at classic spring colors.
JSA said a man and woman pulled the safe out of an Oakland jewelry store but couldn’t quite get it into their van.
The miner’s March auction generated $19 million.
Helen McCluskey will succeed H. Todd Stitzer when he meets his 12-year term limit in June.
“Chopard x Julia Roberts” showcases the first gems cut from the 6,000-carat-plus “Insofu Emerald."
The jewelry giant also posted a double-digit drop in same-store sales for the full year.
Elvis gave the watch to actress Dodie Marshall after filming “Easy Come, Easy Go.”