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Cutting Remarks

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This long, hot summer is winding down, and the industry is beginning to turn its nervous eyes toward the holiday. Let me be the first with a prediction: This Christmas won’t be much different than those in prior years. That just makes sense. The last few jewelry holidays have been decent but...

Rob Bates | August 25, 2016 | Cutting Remarks
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This week: $5,000 gold? New problems with chip cards. And the engagement ring–job interview debate. All below.    Philadelphia’s Jewelers Row threatened, reports say. - Merchants fight to save the street. - City’s heritage threatened, columnist says. - Plan hits speed...

Rob Bates | August 19, 2016 | Cutting Remarks
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Once upon a time, the industry fervently debated whether consumers would buy a $5,000 ring online. And while e-tailers still struggle with the cyber version of threshold resistance, the overall question has long since been answered: Yes, they will. Blue Nile’s average engagement ring sale is...

Rob Bates | August 19, 2016 | Cutting Remarks
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The decision by Macy's to close 100 of its “cash-flow positive” stores, representing about 15 percent of its fleet, was cheered by Wall Street—if not, one can assume, by its employees. It comes barely a year after the company closed 41 different stores. Explaining the move,...

Rob Bates | August 18, 2016 | Cutting Remarks
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The recent resignation of Michael Hill’s longtime CEO Mike Parsell has brought up the issue of its performance in the United States. Michael Hill has been very successful in Australia, New Zealand, and Canada. In the first two markets, it’s akin to Kay. Its charm brand, Emma & Roe (...

Rob Bates | August 12, 2016 | Cutting Remarks
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This week: the possibility of 3-D synthetic diamond jewelry. Can brands sell without department stores? And the jewelry-box detox. All below.   Michael Hill CEO resigns. - Company still fine-tuning U.S. approach.   Blue Nile’s sales hit by June drop-off. - Earnings...

Rob Bates | August 12, 2016 | Cutting Remarks
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When London Jewelers signed a lease for its first Manhattan store in the World Trade Center mall, landlord Westfield gave it a strict mandate: This store can’t be like your others. It has to be different. “You had to come up with an entirely new concept,” says Tim Claire, London’s chief...

Rob Bates | August 11, 2016 | Cutting Remarks
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This week: Tough times for Swiss watches. A diamond mine in Israel?  A Texas jeweler does a nice thing—and the world notices. All below.   JBT: Industry consolidation continues.   - Canadian jeweler Ben Moss closing. - U.S. jewelry, watch sales increase....

Rob Bates | August 5, 2016 | Cutting Remarks
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With banks leaving the industry, last week journalist Chaim Even-Zohar broke the news that a rather odd party—the U.S. government—had agreed to finance Botswana diamond factories. The Overseas Private Investment Corp. (OPIC), a financial institution that is part of the U.S....

Rob Bates | August 5, 2016 | Cutting Remarks
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It’s hard to see this as good news: The AT&T Audience Network, available on DirectTV, has ordered 10 episodes of Ice, a drama about the diamond trade. It will premiere later this year. A release says the serialized show will spotlight the “treacherous and colorful world of diamond...

Rob Bates | August 3, 2016 | Cutting Remarks
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Same Old boring adds. No real excitement. No real initiatives.Sounds...

Poor marketing strategy, stale ideas and just same old boring goods...

Fascinating.

but how do i download the darn catalog?

According to National Geographic these giant clams can live 100+...