Market shows increasing optimism for upcoming holiday season The Confidence Board report reveals a high level of consumer confidence in today’s economy. This positive outlook sets an optimistic mood in the gem and jewelry industry as the…
*Gem Focus & Market Pulse (Free Subscriber)One of the frequently asked questions from subscribers that are considering entering the appraisal field is, “What credentials do I need to become an appraiser?” The short answer is, “it depends.” Unlike real estate appraisers…
*Gem Focus & Market Pulse (Free Subscriber)Consumers Have Expressed Interest for Synthetic Diamonds A considerable percentage of consumers have expressed interest for synthetic diamonds. There is no doubt that currently the hottest topic in the gem market is synthetic diamonds and the related…
*Gem Focus & Market Pulse (Free Subscriber)MILLENNIAL BUYERS PAY ATTENTION TO RESPONSIBLE SUPPLY CHAIN FEATURED GEM: TRAPICHE GEMS Gem and jewelry market experienced a typical summer pattern in which the consumers, directed spending elsewhere than jewelry, while the tourist destinations reported increased sales. The…
*Gem Focus & Market Pulse (Free Subscriber)The consumer attitudes are relatively positive heading into late summer. Consumers are generally expressing confidence in the current direction of the US economy. A majority of retail consumers assess the current condition as “good,” according to…
*Gem Focus & Market Pulse (Free Subscriber)Las Vegas 2018 gem and jewelry shows were reflective of what has been happening in the gem market since the beginning of the year. While technology and luxury shows such as Couture were recording good…
*Gem Focus & Market Pulse (Free Subscriber)Featured Gem: Aquamarine The summer show circuit has begun with the JCK and related shows just behind us in Las Vegas and New York JA up next in July. While trade shows are definitely an opportunity…
*Gem Focus & Market Pulse (Free Subscriber)US gem trade is carrying some interesting trends from 2017 into 2018. At the forefront of these is the evolving structure of how and where consumers, mainly millennials, buy their jewelry. While traditional retail jewelers’ sales are…
*Gem Focus & Market Pulse (Free Subscriber)The 2017 holiday shopping season exceeded expectations in dollars spent thus signaling consumer confidence in the current direction of the economy. MasterCard reports that retail sales grew 4.9% this holiday season. Of particular interest is…
*Gem Focus & Market Pulse (Free Subscriber)The National Retail Federation reports strong business during the five-day Thanksgiving holiday weekend. The NRF estimates that 174 million consumers shopped during this traditional start of the holiday shopping season. According to the report, which…
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