May 2012 will go down as one of my favorite months of all-time for jewelry news.
The month featured a strong mix of serious, meaty industry developments and endearing human retailer stories that keep our editors’ inboxes humming all month.
If you happen to be at this Las Vegas show everyone has been talking about this week, come out to JCK’s Tweetup at the JCK Rocks the Beach Event at Mandalay Bay on June 3 at Beach Bungalow No. 4. My partner-in-crime Brittany Siminitz and I will be handing out prizes while kicking back a few specially made cocktails. Come say hello to us and some JCK’s editors! Check out our Facebook page for more details.
Here are the top 10 most popular jewelry news stories from May 2012:
“I work in the pawn industry and we are the prime dumping ground for this material,” says commenter Blakehill. “We have international diamond buyers regularly shopping our stores and then selling back into the jewelry markets.”
One of my favorite teasers ever: Vending machines aren’t just for corn chips anymore.
Personally, I disagree with several of the comments that are attached to this story, but I can’t entirely fault jewelers for wanting to protect themselves. I hope in the future that the industry is able to debate and discuss this issue without resulting to B-movie declarations of all-out war.
“This so totally sucks. It’s always the little guy takes the hit,” says commenter Silkenwing. “I don’t ever expect to get a check from this and it does nothing to bolster my confidence in DeBeers.”
With more than 25 comments—and counting—this is proving to be a growing trend for brands that retailers—rightfully—are weary of. I suggest reading Rob Bates’ interview with Hearts On Fire’s CEO and letting us know your thoughts on the issue.
This story is always a crowd-pleaser. The man has the magic touch.
“They seem to be missing out on the bead business, trying to build other lines,” says commenter Thegildedartisan. “People want new beads and they just don’t have them.”
This is another issue worth weighing in on. What do you think of the changes J.C. Penney has made?
“Gold is still very high and will probably go higher especially with the stalled economy,” says commenter Marc. “Even though the indicators show the economy improving, if you talk to the general population, you’d think otherwise.”
I’ve purchased several of the Elsa Peretti’s designs, so this news bums me out. But, change is good, even for a retailer as historic as Tiffany’s.
The top 10 tweets of May 2012:
— Daniel Ford (@danielfford) May 29, 2012
— Daniel Gordon (@DanGordon) May 31, 2012
— TACORI (@Tacori) May 29, 2012
— Paolo Costagli (@PaoloCostagli) May 31, 2012
— Classic Creations (@CCJewellers) May 31, 2012
— L’ Dezen Jewellery (@payalia) May 24, 2012
Instead of her right leg, Angelina Jolie flashed stunning emerald earrings. Get similar earrings at any Lugaro location twitter.com/LugaroJeweller…
— Lugaro Jewellers (@LugaroJewellers) May 29, 2012
Did you know? In all of history, only 161,000 tons of gold have been mined, barely enough to fill two Olympic-size swimming pools!
— Jewelry Warehouse (@jewelrywrhse) May 20, 2012
Why would anyone rob a jewelry store they don’t even have food.
— Nick (@NickSchug) May 30, 2012
— Robbates (@robbatesjck) May 21, 2012