Next month, members of the Israel Diamond Exchange will return to New York for another week-long trading event, bringing back with them their “Natural Is Real” campaign emphasizing the Israeli diamond industry’s commitment to mined, not lab-grown, stones.
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The most recent holiday sales forecast, released Tuesday by the National Retail Federation, predicts that consumers will spend 4 percent more this November and December than they did last year.
Last week another laboratory, EGL Platinum, issued a statement speaking out against the over-grading of diamonds while seeking to separate themselves from the EGL labs associated with this practice, a statement issued in the wake of the Rapaport Group’s move to quit listing diamonds graded by any EGL lab on RapNet.
One of the lawsuits filed by consumers against Nashville jeweler Genesis Diamonds for selling diamonds allegedly over-graded by EGL International has been settled while three others remain open.
Associate Editor Brecken Branstrator explores why a new line of customizable jewelry appeals to her and her friends, all of whom are in their 20s.
The top five stories on NationalJeweler.com last week include a history lesson on Georgian-era mourning jewelry and a story about the sinking price of gold.
A former jewelry store owner in Alabama faces money laundering charges for pawning a 3-carat diamond that was among a cache of jewels he said were taken during a robbery and collected $2.6 million in insurance for, federal officials said.
U.S. small business owners are more satisfied today with their role as entrepreneur than they were at the end of the recession but also are less likely to see themselves as successful, a recent Wells Fargo/Gallup survey shows.
The price of gold sunk to its lowest point of the year earlier this week and is expected to dip below $1,200 at some point in the fourth quarter, pushed down by the strengthening U.S. dollar.
Jewelers of America this week released the names of the nominees for the 13th annual Gem Awards, which recognize individuals and brands in jewelry design, marketing and communications, and media.
Brides-to-be who purchase a Tacori engagement ring at one Florida jeweler’s trunk show this month will have the option to borrow up to $100,000 in jewelry for their wedding day, a promotion the store is calling “Something Borrowed.”
Jewelers Mutual Insurance Company announced Wednesday that it is partnering with an employee assistance program provider to offer crisis counseling to jewelers in the wake of traumatic events, such as a robbery or natural disaster.

Goodreads, an online book discussion website, has released its monthly list of recently published books in all categories, from historical fiction to biography and memoirs.
British communications and trade show company United Business Media Plc (UBM) is set to acquire Advanstar, an events and marketing service business based in New York.
Twenty-seven percent of wealthy shoppers said they plan to buy jewelry this holiday season, with most indicating that they would spend the same amount or more on gifts this year, a recent study shows.

The Platinum Guild International has again tapped Marie Claire Creative Director Nina Garcia to curate a selection of platinum jewelry that will be featured on The Knot.

Todd Reed has opened a new store in the Venice neighborhood of Los Angeles, the brand’s only other location besides its home base in Boulder, Colo.

Mining company Gem Diamonds Ltd. announced Wednesday that it sold the 198-carat white diamond discovered in July for $10.6 million, a price that works out to more than $53,000 per carat.

Jewelry brand Lagos has a new advertising campaign that focuses on encouraging women to wear its signature design, Caviar, anyway they want.

A judge has shot down a federal lawsuit seeking to halt the Environmental Protection Agency’s use of the Clean Water Act to review plans for the Pebble Mine in Alaska.

The answer, in short, is yes. Holiday retail hiring has improved every year since 2008 and it seems that trend will continue this year, with major retailers planning to hire either the same amount or more seasonal employees than last year.
Identifying people ‘wired’ for sales and a story that focused on the supply and demand dynamics for alexandrite were among the site’s most popular stories last week.
The Gemological Institute of America announced that it has lowered prices for its Quality Assurance services, which screen parcels of both colored and colorless diamonds up to 0.20 carats to detect if they are lab-grown or treated.
Sears Canada announced that after just a year on the job, CEO Doug Campbell will step down from the position by the end of the year.
According to a new study by the Pew Research Center, the number of American adults who have never been married currently is at a record high, a fact that is both good and bad news for jewelers.