GemFind Weekly Newsletter October 24, 2017

GemFind blog: 5 Ways to Increase Store Traffic This Fall | Over 200 Jewelry Businesses Closed Last Quarter | Storied Yellow Diamonds Coudl Sell for $14M | De Beers' Diamond Production Up Sharply in Q3

GemFind Updated on Oct 24, 2017

5 Ways to Increase Store Traffic This Fall

There has recently been a growing anxiety within the retail industry, due to a lack of in-store traffic and slowing sales. The anxiety you’re feeling is real, and in many respects, it is justified. Bridal e-commerce sites such as The Knot, Blue Nile, and even Amazon pay millions to understand the needs and buying behaviors of your customers.

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Over 200 Jewelry Businesses Closed Last Quarter

JCK Oct. 24

Jewelers Board of Trade (JBT) stats for the third quarter of 2017 indicate the industry is continuing to consolidate. The good news is the rate of closures has slowed considerably. The organization’s numbers show that, during the most recent quarter, 236 North American jewelry businesses discontinued operations—meaning they closed,

Storied Yellow Diamonds Could Sell for $14M

Diamonds.net Oct. 24

Sotheby’s will offer the Donnersmarck Diamonds, once owned by La Païva, one of the most famous 19th-century courtesans in Paris, at its Magnificent and Noble Jewels auction in Geneva next month. With a pre-sale estimate of $9 million (CHF 8.8 million) to $14 million (CHF 13.7 million),

DE BEERS’ DIAMOND PRODUCTION UP SHARPLY IN Q3 2017

Israeli Diamond Industry Oct. 24

In its third quarter production report, Anglo American, operator of the De Beers Group, is showing an increase of 46% in diamond production compared to the previous quarter. In volume, the miner produced 9.2 million carats.

Conditions are still very difficult - Ernie Blom Rough&polished Oct. 23

Can we say that the diamond market has finally recovered after the market dive in 2014-15? I believe that the situation has definitely improved from the point reached during that period. However, conditions for our members are still very difficult.

5 things you need to know about raw minerals this week

Born2Invest

Oct. 20

The sales of diamonds dipped but experts are expecting a rebound as winter holidays are coming up. Among the notable happenings in the raw minerals industry include De Beers’ and Alrosa’s struggles due to religious holidays, diamond auctions and the introduction of a diamond bullion.

TEFAF New York’s Must-See Jewels

Robb Report Oct. 23

Founded in 1988, the European Fine Art Fair, known as TEFAF, is widely regarded as the premiere showcase for the very best from the worlds of art and design. Though the show is regularly held in Maastricht in the Netherlands, a New York edition was launched last year.

IDEX Oct. 21

ALROSA has found a 34.17-carat yellow diamond which is the largest fancy-colored rough diamond extracted by the company this year. The rough diamond, extracted from the Ebelyakh alluvial deposit, measures 20.17 х 19.65 х 15.1 mm. It is a transparent intense yellow crystal with a small inclusion in the intermediate zone, the miner said.

Conch pearls: what are they and why are they so rare?

The Jewellry Editor Oct. 24

Among the rarest and most expensive type of pearl in the world, conch pearls are in demand once again thanks to the resurgence in popularity of natural pearls of all varieties and a renewed appreciation of their uniqueness. In this in-depth article you will find out everything you need to know about these precious little treasures of the sea.

WHAT ARE THE CLASSIC JEWELERY DESIGNS FOR PEARLS?

WINTERSON

Oct. 19

It has long been known that the pearl has played a central role in jewelery, with some of the earliest recorded fragments of a pearl necklace being dated to the 4th century BC. What are the most popular and successful designs of classic jewellery that pearls have been used with - and how are they being updated today?

JewelCloud Member Spotlight

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The Best Gold Probe Briefing

jewago

October 24

Today, 750 and 999 gold is usually taken for the production of jewelry pieces. But, how to understand which of probes is better? In order to do it, just envisage all existing probes as well as point out their advantages and disadvantages.

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