04252018Wed
Last updateTue, 24 Apr 2018 8pm

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Jeweler’s early embracing of cryptocurrency pays huge dividends

Nearly 20% of sales paid for via cryptocurrency

Cryptocurrency

(NEW YORK) - Since establishing his retail operations in 1980, Silicon Valley jeweler and gemologist Stephen Silver has demonstrated an uncanny adaptability to emerging technology. In an industry rocked by changing consumer behavior, Stephen Silver Fine Jewelry has seen tremendous sales growth since 2014. Mr. Silver expressed that their early embrace of cryptocurrency payment processing has led to a new area of consumer spending.


The Evolution of You

Let’s talk about your logo

Every business, including the jewelry trade must keep pace with the times in which we are doing business. “Things change” can sound woefully trite, so can make you discount the importance of its truth.

NRF survey projects Mother’s Day spending to reach $23.1 billion

Consumers plan to spend $4.6 billion on jewelry

NRF(WASHINGTON) - Mother’s Day spending is expected to total a near-record $23.1 billion this year, according to the annual survey released this week by the National Retail Federation and Prosper Insights & Analytics. A total 86 percent of Americans will celebrate Mother’s Day and spend an average of $180 per person.

NRF/IBM study sheds light on what Gen Z shoppers really want

Gen z

“What do Gen Z shoppers really want,” the third and final installment of a global study co-sponsored by the IBM Institute of Business Value and the National Retail Federation, examines what this youngest generation considers to be “retail essentials” as well as what delights and engages them. The study, based on a global survey of 15,600 Gen Zers between the ages of 13 and 21, explores Gen Z’s expectations for the retail environment, their usage and attitudes toward technology and what customization means for them.  

WJA announces free first-year memberships for students

A Gemological Science International (GSI) sponsorship is underwriting the project

WJA(POUGHKEEPSIE, N.Y.) - The Women’s Jewelry Association (WJA) announced that it’s offering the first year of student membership free to students during 2018, thanks to a new sponsorship from Gemological Science International (GSI).

Fancy color diamonds – Appreciation or profit?

FCRF discusses how to manage expectations

brees

The recent $9 million lawsuit made by New Orleans Saints quarterback Drew Brees created a serious buzz in the diamond and jewelry community. Following the news, the Fancy Color Research Foundation received numerous inquiries from jewelry stores, wholesalers and investment companies asking them to shed some light on the subject, with a particularly high volume of queries focused on strategies for meeting expectations when purchasing a fancy color diamond as an investment.

Paula Crevoshay’s Practical Magic

Fusing art and commerce

Mia fish“I’ve been very lucky,” Paula Crevoshay confides modestly. “An early mentor told me that if you have luck and talent you can go far. Since I first started as a jewelry artist four decades ago I’ve been favored with top art collectors as clients, wealthy investors. Museums have sought my work.”

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