Around 10 percent of consumers who haven’t yet wrapped up their holiday shopping will wait until Christmas Eve to finish, news that is no surprise to jewelers who are used to being busy until closing time on Dec. 24.
National Jeweler recently polled and interviewed retailers about their seasonal sales of, and price points for, silver jewelry, a popular pick for holiday gifts. Here’s what they had to say.
Buyers are back in the market for luxury items and jewelry this holiday season, with the biggest shopping day for the season still to come, according to MasterCard Advisors.
The Jewelry Information Center (JIC), the consumer education arm of Jewelers of America, recently completed its annual media tour to promote jewelry gift ideas in time for the holiday shopping season.
In this short holiday season that’s quickly drawing to a close, retailers say that diamond sales remain strong, silver is doing well and Rolex watches are hot. Read on to see how sales at your store compare.
Northeastern Fine Jewelry is paying it forward this year when it comes to holiday shopping: for every Lego watch purchased at the store’s Albany and Schenectady locations, the retailer will donate another Lego watch to the Boys & Girls Club.
Americans are holding on to their jewelry for the longest amount of time since right after the Great Depression, according to data from the U.S. Bureau of Economic Analysis (BEA).
A promotion at Hearts on Fire, a visual coordinator at Day’s Jewelers and a specialist at Bonhams are among the recent career moves in the industry.
Despite the fact that the holiday shopping season is shorter and retailers were offering big promotions, consumers spending increased only slightly in the month of November, National Retail Federation data shows.
A modified pear brilliant-cut type IIa diamond weighing 17.82 carats sold for $2.6 million at Bonhams Wednesday, more than double its pre-sale estimate.
India’s Gem & Jewellery Export Promotion Council (GJEPC) said the two companies, Dalumi Diamonds and Narola Gems, named in its Nov. 6 release on undisclosed synthetics are not being accused of undisclosed mixing of lab-grown diamonds with natural but, rather, were victims.
Hudson’s Bay Company, the Canadian retailer that acquired Saks Inc., reported a single-digit increase in both same-store and total sales in the third quarter.
Jewelry manufacturer and retailer The Jewelry Exchange has completed its purchase of the Gold-Stone mine in Southern California.
Shoppers took a bit of a break after the Black Friday weekend, as sales and traffic at brick-and-mortar stores were both down last week, according to data released by ShopperTrak.
Between what the retailers we interview tell us and our first holiday season poll, it looks like diamonds are going to do pretty well this season, which is not shocking. Solitaire pendants and diamond stud earrings are always popular gifts this time of year, and engagements are common as well.
Jewelers for Children (JFC) is bringing back its Rings of Strength tour in two editions for 2014--an event at the close of the Centurion show and another during the jewelry shows in Las Vegas.
With the season in full swing, jewelers and designers are taking their Facebook, Twitter, Pinterest and Instagram accounts to the next level. Read on to see how they’re using these social tools to engage consumers.
The Diamond Empowerment Fund said that DJ M.O.S. has been selected to spin at the third annual Good Awards this January.
Manufacturer and diamond wholesaler A.V. Diamonds announced that it now has a partnership with HVK International Private Ltd., a sightholder with both De Beers and Russian diamond miner Alrosa.
Loss to retailers from return fraud during the holiday season is forecast to increase from $2.88 billion to $3.39 billion this year, a National Retail Federation (NRF) survey shows.
The Healthy Lifestyles Center at the Children’s Hospital of Richmond at Virginia Commonwealth University (VCU) will receive $10,425 thanks to a dozen Richmond jewelers who raised money for the center via a raffle.
The holiday shopping season is almost halfway over, but there’s still time to make sure the store’s staff and setup is doing everything possible to maximize sales.
Swiss watch maker Swatch Group is bringing its multi-brand retail store, Hour Passion, to the United States, and the first shops will be in New York and Las Vegas.
The first tender of rough diamonds from the Marange region of Zimbabwe in Antwerp will take place this week, Botswana-based diamond company First Element (Pty.) Ltd. announced.
Nordstrom is showcasing Blue Nile engagement rings and wedding bands at its flagship location in downtown Seattle, marking the first time the e-tailer’s pieces have been shown in a brick-and-mortar store.
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