Colored Stone Market
In August I was asked what advice I would give shoppers for the upcoming holiday season? My answer, shop early.
Colored Stone MarketColored Stone Market
As the holiday season approaches, one of the stories in the colored stone market continues to be the difficulty that dealers are having sourcing new stock.
Colored Stone MarketColored Stone Market
The August JCK Las Vegas show provides the first opportunity since the 2020 Tucson GemFair for buyers and exhibitors to come together for a major jewelry trade event in the U.S. At press time JCK, Couture, AGTA and the Antique shows were set to go ahead in late August as scheduled.
Colored Stone MarketColored Stone Market – May/June 2021
As summer approaches here in the United States, the colored stone trade continues to experience some degree of COVID-19 related disruption. Issues are occurring at varying degrees along the entire length of the supply chain.
Colored Stone MarketColored Stone Market
No Tucson show does not mean no business. Market is currently benefitting from little competition from outside our sector. The appetite for gemstones is expected to continue to flourish throughout the year. Competition may return next year. The real story in color is outside the big-3.
Colored Stone MarketColored Stone Market
A new year begins where an old one ended, but there is light at the end of the tunnel. The market evolved in response to COVID-19 but some of those changes will linger long after. New approaches may challenge traditional market structures. The classic gem varieties demonstrated their unwavering ability to store value even in the worst of times.
Colored Stone MarketColored Stone Market
The market conditions leading into season invite a cautiously optimistic outlook. Unusual colors of classic varieties selling well. Wealthy consumers coming off of vacationless summers turn to Paraìba and other fine gems to add some excitement. All business is local this year.
Colored Stone MarketColored Stone Market
The current economic outlook is cautiously optimistic. Although it doesn’t feel like it, in mid-August retail activity had returned to pre-pandemic levels.
Colored Stone MarketColored Stone Market
In Asia, jewelers report improving sales as consumers spend on luxury. In the USA, cautious mood greets traders as more markets emerge from COVID-19 closures. A range of colors are expected to see good demand…
Colored Stone MarketColored Stone Market
The jewelry industry, like so many, has been severely impacted by the virus. Conflicting reports have some claiming sharp declines in prices, others no real change. Mining companies have mostly closed down. With no rough surplus to push prices lower, prices are not decreasing yet, but could if the situation does not improve soon. Social media selling has been successful as a backup to many companies. Designers and custom jewelers are still buying, even if lower price points.
Colored Stone Market