The dog days of August are upon us. It’s the perfect week to kick back under an umbrella and catch up on episodes of JCK’s Jewelry District podcast, read a helpful book on how to transition your family business once you’re ready to retire, bid on some spectacular diamond jewels, and shop the JA New York and NY Now shows to replenish your coffers in time for the holiday. Stay cool!
LISTEN
The Jewelry District, Episode 50 (ongoing)
In the latest episode of JCK’s The Jewelry District podcast, editor-in-chief Victoria Gomelsky and news director Rob Bates talk about the upcoming JCK Las Vegas show, a controversial Tiffany & Co. ad campaign, the overwhelming success enjoyed by Rolex, and Alrosa’s diamond-tracking nanotechnology. In other words, all the news that’s fit to hear.
READ
Family Business Succession Planning by Bill Boyajian
After 31 years at GIA, where he served as president for much of his tenure, Bill Boyajian branched out into a second career as a consultant and coach specializing in leadership development, business management, family transition, and succession planning for family businesses. His newest book, Family Business Succession Planning, covers the basics of this critical subject, from a discussion of how businesses are valued to how to select the best adviser to help you accomplish the last piece of your company transition. Essential reading for many jewelry retailers!
BID
“Jewels Online: Summer Sparkle” Sale at Christie’s: Through Aug. 18 (online)
The Christie’s “Jewels Online: Summer Sparkle” sale, which runs through Aug. 18, features 51 lots, including the highest valued jewels ever offered in a Christie’s online auction. The talking pieces include a 24.45 ct., D color, internally flawless, heart-shape diamond pendant, and the Summer Sunrise, a fancy vivid orange yellow diamond totaling 9.83 ct. But there are plenty more classic colorless stones and rare fancy colored diamonds to go around.
SHOP
JA New York and NY Now at the Javits Center: From Aug. 8–11 (in-person)
August’s slate of jewelry shows is officially in full swing this week with JA New York and NY Now, which take over the Javits Center Aug. 8–10 and Aug. 8–11, respectively. If you’re a retailer based on the East Coast and in need of inventory—and many of you are, given the ongoing boom in demand for fine jewels that began last year—this is your ticket to place orders for the all-important holiday.
Top: Chakra world, protection, guide, and discovery necklace in gold-finished stainless steel with crystals, $60; Brosway
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