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TOP STORIES

Mother's Day Jewelry Sales to Hit $2.7 Billion
Of the 84.2 percent of consumers celebrating Mother’s Day, the majority will invest in one major gift for mom, instead of several smaller gifts, according to a National Retail Federation survey. This is largely apparent in the jewelry category: while the percentage of those buying jewelry decreased from last year (32.8 percent vs. 29.7 in 2008), those planning on buying mom something shiny will spend a total of $2.7 billion, compared to $2.1 billion last year. » » »

House of Taylor Faces Nasdaq Delisting
House of Taylor Jewelry, Inc. said it has received notice from The Nasdaq Stock Market that it is not in compliance with several requirements for listing on the Nasdaq exchange. The company's shares will be delisted April 24. » » »


Geneva Luxury Watch Shows Report
This month’s international luxury watch fairs in Geneva, Switzerland, reported sales gains and high attendance, despite economic concerns in various world regions, including the United States. » » »

Blue Nile Annual Revenues Up 33.6%
Internet diamond and jewelry retailer Blue Nile, in its annual report, said its revenues grew 26.9 percent to $319.3 million for the fiscal year, ended Dec. 31, 2007. » » »

Antiquorum Holds $8.5 Million Rolex Auction
Watch auction house Antiquorum this month celebrated Rolex’s 100th anniversary with its sale, "Revolution: The Evolution of the Rolex Sport Watch." » » »

From Our Blogs

Big Stone Speculation: How Long Will It Go On?
With speculation over big stones getting a little out of control, and leading to some...
Read On »
AGS Oval Cut Grade
I receive National Jewelers newsletter and love to skim over the titles and according...
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Creating Eye-Catching Window Displays
My store is mostly all glass, yet we don’t have any built in window displays&md...
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Diamond Shavings: Your Friday Web Roundup
Can you read this? Apparently a lot of people have been seeing white space wh...
Read On »

MORE INDUSTRY NEWS

Nominations Named for Top Craft Retailers
NICHE magazine has announced the nominees for its 2008 Top Retailer Awards program. » » »

Survey: Prestige Retailers and the Internet
A good portion of prestige jewelers began taking the Internet as a competitor seriously before 2000 and this awareness grew over the years as they developed workable strategies for their businesses, according to a survey taken at the most recent Centurion show. » » »

JM to Issue $5.8 Million Dividend
Jewelers Mutual Insurance Company said it will be paying out $5.8 million in dividends to its United States commercial policyholders and personal jewelry insurance policyholders. » » »

PGI Launches Style Challenge
Platinum Guild International has started a new style challenge and contest at Couture, which is being held May 28 – June 2 at the Wynn hotel in Las Vegas. » » »

Hoefer to Present an Estate Appraisal Seminar
Bill Hoefer will present a full-day seminar on tax liability appraising preceding the JCK Las Vegas show. The event will be held May 29 at the Residence Inn, Las Vegas Hughes Center, from 9 a.m. till 5 p.m. » » »

Allchin to Head CIBJO Metals Commission
At its annual congress in Dubai, CIBJO, The World Jewellery Confederation, has approved a Blue Book for Precious Metal Jewellery, Flatware, and Hollowware. » » »

Korean Jewelry Fair Opens Thursday
The Korea International Jewelry and Watch Fair 2008 will be held April 24-27 in the COEX center in Seoul. » » »
THIS MONTH’S READER POLL
Sixty-eight percent of jewelry professionals have inventory management software systems in place, according to a JCK survey. What are main obstacles when it comes to getting businesses to automate their inventory?
The time it takes to move data to the computer
The learning curve
The time it takes to train employees on the system
The expense
All of the above

View results from last month’s poll

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