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January 28, 2009
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TOP STORIESLittman Jewelers Tennessee Stores to Become Fred Meyer Stores TOUS Opens First Las Vegas Location #Ad:2054_v2_Pos2_336x280#
World Pearl Forum Attracts 150 Delegates Affluent Shoppers Cut Back on Luxuries NRF Projects Sales Decline for 2009 From Our BlogsCutting Remarks by Rob Bates De Beers Goes Out of Sight Probably the most interesting part of last week’s speeches from De Beers exec... Read On » JCK Voices by Jennifer Heebner A New Year Means Renewed Subscriptions In light of the new year and new president, I think this is a great time to r... Read On » Jewels on Jewels by Cynthia Sliwa Trend Watch: Honoring the Sentiment: Vintage & Antique Jewelry This past Friday, January 23, 2009, on The View on ABC-TV, to the delight of the view... Read On » Behind The Counter by Shanu Singh Guliani Special Orders are Priced at the Current Market Price When Metal Prices Go Up…but What About When Metal Prices Go Down? I’m hoping a vendor out there will explain this one to me. When gold when up to... Read On » MORE INDUSTRY NEWSConsumer Confidence Index Dips in January Feds Update Burma Jade Law I Do Diamonds Proprietary AGS Labs Report Jandrokovic to Perform at Distefano Atelier JVC to Host Two Seminars at GemFair |
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Littman Jewelers stores in Tennessee will change their name to Fred Meyer Jewelers, effective Feb. 11, to coincide with the grand opening of two new Fred Meyer Jewelers in Tennessee during the coming months. 
International jewelry company TOUS opened its first Las Vegas location inside Miracle Mile Shops at Planet Hollywood Resort & Casino. 
More than 150 delegates from leading pearl producing nations will be attending the inaugural World Pearl Forum, to be held Feb. 17 and 18 at the Atlantis Hotel, Palm Jumeirah. 
Affluent consumers spent 6.4 percent less on luxuries in the fourth quarter of 2008 than they did in the third quarter, according to a survey by consumer insights firm Unity Marketing. 
The National Retail Federation is projecting that retail industry sales (excluding automobiles, gas stations, and restaurants) will decrease 0.5 percent from last year. According to its quarterly Retail Sales Outlook report, NRF sees more challenges ahead as consumers continue to shift their spending priorities. 
The Conference Board Consumer Confidence Index, which had decreased in December, inched lower in January and continues to be at a historic low. The Index now stands at 37.7 (1985=100), down from 38.6 in December. The Present Situation Index declined slightly to 29.9 from 30.2 last month. The Expectations Index decreased moderately to 43.0 from 44.2. 
U.S. Customs and Border Protection issued updated regulations Jan. 16 addressing “conditions for importation” of Burmese and Non-Burmese rubies and jadeite in order to implement the relevant portion of the legislation, as part of the Tom Lantos Block Burmese JADE Act of 2008, the Jewelers Vigilance Committee said. 
AGS Laboratories has released its latest proprietary grading report, the Perfect Princess, from I Do Diamonds, Inc. 
Opera singer Jama Jandrokovic will perform at the Donna Distefano Jewelry Atelier, 37 W 20th St, Suite 1106, on Feb. 10 at 6 p.m. A portion of all jewelry sales from the event will benefit Women for Women, whose purpose is raising aid and awareness for women survivors of war. 
