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This week: Apple Watch sales sink. Why brick-and-mortar has a chance. Zale building now a historic landmark. All below.   Richline buys John C. Nordt.   U.S. jewelry sales show growth in first quarter.   Major retailers report downbeat first quarter. - Are U.S....

Rob Bates | May 20, 2016 | Cutting Remarks
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Everyone in this industry bemoans the lack of reliable statistics. Now, market research firm NPD Group is exclusively sharing with JCK some intriguing data about diamonds at retail and, in particular, how lab-grown diamonds are selling at retail. NPD's stats show that while lab-grown diamonds...

Rob Bates | May 20, 2016 | Cutting Remarks
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Earlier this month, Blue Nile announced that it would temporarily no longer ship to South Dakota, in response to a new state law that says remote sellers must collect sales tax from local residents, even if—and this where the law differs from the similar state laws out there—they have no...

Rob Bates | May 19, 2016 | Cutting Remarks
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This week, it was revealed that Swarovski was entering the lab-grown diamond business. This morning, Daniel J. Cohen, an executive board member and member of its founding family, spoke to JCK about how the European super-brand sees the category. JCK: What attracted you about lab-...

Rob Bates | May 13, 2016 | Cutting Remarks
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This week: Are department stores dying? Red carpet jewelry secrets. And a bizarre new spin on body jewelry. All below.   Swarovski jumps into lab-grown diamond business. - Board member: They are a “big opportunity.” - Chaim Even-Zohar: “Game changer.” - Should industry embrace...

Rob Bates | May 13, 2016 | Cutting Remarks
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There have been so many feuds and boycotts and crises in the Kimberley Process over the years that it can be difficult keeping up with them all, never mind caring. But recently, mediation that attempted to end civil society’s boycott of this year’s KP meetings came to a premature halt, which ...

Rob Bates | May 12, 2016 | Cutting Remarks
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In this latest Diamond Dialogue, I spoke with Rachelle Bergstein, author of Brilliance and Fire: A Biography of Diamonds, which will be published in June by Harper Collins. Bergstein spoke with JCK about why diamonds are ingrained in our culture, the the history of diamond marketing, and...

Rob Bates | May 6, 2016 | Cutting Remarks
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This week: Gold stages a comeback. Can Etsy do the same? Does J.C. Penney need another one? All below.   700 jewelers called it quits over last year. (Note: Headline/story has been corrected.)   Blue Nile sees sales fall, halts sales to South Dakota. - Earnings call...

Rob Bates | May 6, 2016 | Cutting Remarks
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The natural and lab-grown diamond industries are now openly feuding with each another, and some are calling for a ceasefire. Take this blog post from Melvin Moss: The fact is that laboratory grown diamonds exist and their properties cannot be denied. They are a jewelry product just...

Rob Bates | May 5, 2016 | Cutting Remarks
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This week: Apple Watch—game changer or no? Thief returns to scene of crime to retrieve cell phone. And Pandora founder has a horse in the Kentucky Derby. All below.   Richline buys Gemvara.   U.S. diamond sales hit records, thanks—surprisingly—to millennials....

Rob Bates | April 29, 2016 | Cutting Remarks
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On this particular point, this is how I recall it: When Gemesis first...

These are all excellent tips! Love the idea of hosting an event, and...

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