PricewaterhouseCoopers U.S. said it expects holiday spending to decrease by 7 percent this year but offered retailers a number of strategies to drive sales and remain competitive this November and December.
Search
Paul Blarr, the jeweler charged earlier this year with selling simulants that he misrepresented as real diamonds and plated gold as karat gold, pleaded guilty to four new charges Monday after hundreds more victims were uncovered, the Erie County (N.Y.) District Attorney’s Office said.
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.
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.
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 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.
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.
Both revenue and profits increased this past fiscal year for Gemfields Plc, which saw the company push into the black as it began selling rubies for the first time.
Nordstrom officially has opened its first international store, a 140,000-square-foot location in Calgary, Alberta, joining a number of other retailers who have expanded into Canada over the past year.
Department stores’ strategies on social media are shifting from a focus on community growth to leveraging the networks for more traditional marketing methods, a recent report from think tank L2 shows.
Associate Editor Brecken Branstrator delves into another unusual category of jewelry, this time looking at the rather invasive pieces one designer said could capture a human’s kinetic energy.

A collection of rare and historic cameos and intaglios dating back to the 4th century B.C. garnered more than $490,000 in a white-glove sale at Bonhams London Wednesday.

The 122.52-carat blue diamond recovered from the Cullinan mine sold for $27.6 million to a beneficiation partnership between the company that mined it, Petra Diamonds Ltd., and a “polishing partner” that wishes to remain anonymous.
Months after a number of trade organizations sent a request to the FTC asking for leniency on the “Made in the USA” label for recycled metals, the commission responded that all parts of a product must have originated in the country to be labeled as such.

National Jeweler sifted through Goodreads’ releases again this month to bring jewelers four more books that could be good for business, as well as one editor’s suggestion for a nice read on the side.
Associate Editor Brecken Branstrator takes a look at a new headpiece designed by U.K.-based fashion house The Unseen, which is covered in gemstones that respond to brain activity by changing color.

Danish jewelry brand Pandora announced Thursday that CEO Allan Leighton will step down in March 2015 and be replaced by tobacco company executive Anders Colding Friis.
The latest development in the New York attorney general’s investigations into alleged cases of racial profiling has resulted in Macy’s Inc. agreeing to pay $650,000 to settle complaints against it.
Designer Monika Knutsson breathes new life into old pieces of lace by dipping them in karat gold or sterling silver to create jewelry. Read more in Associate Editor Brecken Branstrator’s Q&A with the artist.

After teaching women in Zambia how to make jewelry, Georgia jewelry store owner Doug Meadows is moving on to a second project in Africa: establishing a business school in Kenya.

Rio Tinto has unveiled the 55 diamonds that will be featured in its annual Argyle tender, including 51 pink and purplish-red diamonds and a record four fancy red diamonds.

Employees are highly engaged in Huntsville, Ala. and Miami but are feeling less workplace love in Las Vegas and Lincoln, Neb., a survey shows.
Retail spending was up again in the month of July as the economy continues to slowly climb out of the recession and consumers spend on experiences and fine jewelry, which is seen as an investment because of its permanence, over gone-tomorrow material goods, according to MasterCard.
Barneys New York has reached an agreement that it will pay $525,000 and adopt new anti-profiling policies to settle the racial profiling cases against it, New York Attorney General Eric T. Schneiderman said.
With all the recent consumer press reports accusing major chains of selling lead glass-filled rubies without proper disclosure, Associate Editor Brecken Branstrator takes a look at the rules for selling these stones.