The insurance company’s previous president and CEO, Scott Murphy, has split his role and will continue as CEO.
Help, I got a ‘C’ in statistics
Elle, one of the few fashion mags I read from cover to cover, is releasing a survey tomorrow. And it's at the top of my must-read list. As the barely passing grade on my college transcript indicates, jonesing for statistics...
Elle, one of the few fashion mags I read from cover to cover, is releasing a survey tomorrow. And it's at the top of my must-read list.
As the barely passing grade on my college transcript indicates, jonesing for statistics is not a habit of mine. But when I read a summary of the researchers' results in a recent Brandweek article, I was perplexed.
How could a survey taken in fall 2007 label women with a median household income of $62,000 "affluent" or "recession-proof" shoppers?
I was really baffled when I read that only 65 percent of these women are in the workforce. If you're a housewife or stay-at-home mom splitting $62,000 more than two ways, "affluent" or "recession-proof" are definitely questionable labels for you. Maybe, the other 35 percent are kept women with hefty allowances.
Then I read that only 57 percent of the women identified as affluent or recession-proof spent $2,000 or more per year on clothes. I thought to myself either this article was written back in the dot-com era when salaries were high and prices were low, or I need to find a new place to shop and attend an SA (Shopper's Anonymous) meeting.
Aside from my concerns about the summary, there's good news for designers, retailers and others who profit from those with a penchant for fashion. Eighty-one percent of affluent or recession-proof women are more concerned about getting what they want than the cost of it. And 57 percent are willing to splurge on jewelry and watches.
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The necklace uses spinel drops to immortalize the moment Aphrodite’s tears mixed with her lover Adonis’ blood after he was fatally wounded.


The diamond miner and marketer warned last week that it expected to be in the red after significantly cutting prices in Q2.

Jewelers of America’s 35th annual design contest recognized creativity, artistry, style, and excellence.

The Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.

Tratner succeeds Andie Weinman, who will begin stepping back from the buying group’s day-to-day operations.

The president made the announcement via Truth Social Wednesday, adding that India also will face a penalty for its dealings with Russia.

The luxury titan’s star brand Gucci continued to struggle amid a "tough" environment.

Its opening marks the completion of the retailer’s new 11,000-square-foot store in the Texas capital.

Respondents shared concerns about tariffs and commentary on the “Big Beautiful Bill.”

“Making a Killing in Diamonds” tells the story of Mimi Rosen, the disappearance of a scientist, and the murder of lab-grown diamond CEO.

The first-time exhibitors, set to debut at the New York City show, share a devotion to craftsmanship, storytelling, and material integrity.

The online auction house’s September sale will feature rough Brazilian emeralds of various qualities.

She’ll lead an executive committee consisting of President-Elect Bryan Moeller, Mitchell Clark, Bill Farmer, and Larry Rickert.

Announced Sunday, the deal will set the tax on goods imported into the United States from the European Union at 15 percent.

A new edition of the Italian brand’s “Ipanema” collection has debuted with gemstones that evoke Brazil’s breathtaking views.

The retailer will refer its customers to WonderCare, founded by venture capitalist and watch collector Kevin O’Leary.

The jeweler’s largest store yet is set to open in Little Rock next fall.

Anne Hathaway was seen wearing the toggle necklace three times while filming scenes for “The Devil Wears Prada 2.”

Jewellery & Gem World Hong Kong is scheduled for Sept. 15 to 21, and buyer pre-registration will be available until Sept. 7.

Renovations at Tiffany & Co. stores ate into profits in the company’s watch and jewelry division.

Mark and Candy Udell of London Jewelers will receive the honor at the 24th annual Gem Awards next March.

While struggles continue at the mining and trading end of the pipeline, consumer demand for diamond jewelry is holding steady.

The “Fantasia” jewelry collection turns the intaglio animals from her “Close Encounters” collection into 3D characters.