Crystal Balm

Despite the faltering economy and a decline in attendance, buyers at this show bought. Many exhibitors not only survived but also surpassed their expectations. There were groans of pain amid the sighs of relief, however, with some exhibitors reporting 20, 30, and even 40 percent drops in sales from last year. Aisles were often devoid of buyers, and open exhibitor areas dotted the show floor, evidence that several dealers didn't make it to Tucson. The American Gem Trade Association noted that attendance at its GemFair was down compared with last year's figures. The show “saw a 19 percent drop in attending buyers; 7,640 this year versus 9,402 in 2008,” says AGTA chief executive officer Douglas K. Hucker. “Buying was conservative, with buyers primarily restocking traditional inventory.” Rui Galopim de Carvalho, Portuguese gem expert with Labgem.org and executive liaison amba
JCK PRO

This content is exclusive to JCK Pro subscribers. Subscribe now to access this and much more with discount code GOPRO21 for $199 for an entire year of access (reg. $249).

SUBSCRIBE TO CONTINUE

Already a JCK Pro? Log in

A JCK Pro subscription is your all-access pass to people and resources on the
cutting edge of the retail jewelry industry, from the industry authority you
know and trust

Learn about the Perks of JCK Pro

Log Out

Are you sure you want to log out?

CancelLog out