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Week in Photos – July 3, 2016
Amazon is eliminating list prices on products, De Beers gets ready to flood its Snap Lake mine and the industry mourns the loss of a legendary retailer.
Industry news was full of diamond market updates this week, from the Rapaport Group reporting that polished prices were down in June after weak Las Vegas and Hong Kong shows, to Petra Diamonds selling its recent 121-carat find for $6 million.
The industry also mourned the loss of a longtime retailer when news came out that Harold Tivol, who was credited with building Tivol Jewelers into what it is today, died Wednesday morning.
Shortly after the calendar flipped to the new month, one National Jeweler editor celebrated the July birthstone with a blog that showcases ruby jewels, while the latest Style File highlights the floral mania that’s sweeping across the industry.
See it all and more in this Week in Photos.
Amazon slowly is eliminating the list prices displayed on items--showing the original price and, subsequently, the discount the shopper gets--instead opting only to include the cost to buy.
On a mission to clear the stigma that some associate with the word “salesperson,” columnist Pat Henneberry gives sales professionals nine tips to help them build relationships and sell themselves.
Weak Hong Kong and Las Vegas shows as well as sluggish overall demand, only slightly offset by a “steady” U.S. performance, brought polished diamond prices down again last month.
July’s birthstone, the ruby, is associated with passion, protection and prosperity. Senior Editor Brecken Branstrator shows 10 jewels that display the best of the gem’s signature red tones.
De Beers’ plans to flood its Snap Lake mine in Canada, which ceased mining activity in 2015, have been approved by the Mackenzie Valley Land and Water Board.
There’s a flower craze sweeping across the industry, Jewelers of America’s Amanda Gizzi says, offering designs not just for the warm seasons but pieces that can be worn all year long. See 12 examples in the latest Style File.
The American Gem Society Laboratories has launched a new natural diamond verification service to ascertain if a diamond is natural or synthetic, and if it has been HPHT treated.
Longtime retailer Harold Tivol, credited with building Kansas City-based Tivol Jeweler’s international reputation, died at home Wednesday morning. He was 92 years old.
Supermodel Magdalena Frackowiak may be recognizable from the glossies, but she’s also successfully added jewelry design to her resume, launching her second fine collection during Paris Haute Couture week.
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