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Last updateThu, 23 Mar 2017 12am

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High value goods shipping Q&A with Dave Zamsky, VP Marketing, UPS Capital/Parcel Pro

Q: What are the trends that you are seeing in retail with high-value goods shipping?

A: We are seeing more and more goods sold online. Luxury e-commerce is exploding. According to Technavio’s Global Luxury E-tailing Market Report 2015-2019, global sales in the luxury e-commerce market are expected to reach $42 billion in just the next three years, a 100 percent increase over the $21 billion high of 2014. It’s a market opportunity that can’t - and shouldn’t - be ignored.


Report: Smartwatch shipments fall by over fifty percent

According to market intelligence firm IDC, smartwatch shipments have fallen by over fifty percent for the third quarter of 2016.

apple watch

A report released Monday by IDC outlined the overall decline in smartwatch sales of approximately 51.6%. Apple reportedly saw shipments of the Apple Watch drop by up to 71.6% despite the greatest share of the smartwatch market at 41.3% of all smartwatches.

Gemstone industry honors the life of Jim Fiebig

Feibig Jim10/3/1956 - 10/22/2016

Friends and colleagues of colored gemstone authority and 2nd gen-jeweler James (Jim) Arthur Fiebig pay tribute to his extraordinary life. Acquaintances claim he never met a stranger, and industry insiders say he never met a gemstone he didn’t love. Born in Hillsdale, MI to Arthur and Ila Fiebig, owners of Fiebig Jewelers, Jim was immersed in gemstones early on.

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“Mostly it is loss which teaches us about the worth of things” ~ Unknown

What would you say if I told you I know how an investment of under $10 can be worth one million dollars or more? Would you laugh? Would you be intrigued? Would you want to know more?

If you don’t believe me, then stop reading now. No need to waste your time or energy reading the rest of this column. But if you do believe me I encourage you to read on.

AGTA & JA lead gemstone delegation in Myanmar

(NAY PYI TAW, Myanmar) - A delegation representing the United States gemstone and jewelry industry visited Myanmar (Burma) in October to discuss bilateral trade between the two countries. Led by American Gem Trade Association (AGTA) President Jeffrey Bilgore, AGTA CEO Douglas Hucker, Jewelers of America (JA) President & CEO David J. Bonaparte, and Gemological Institute of America’s (GIA) Dr. Jim Shigley, the trip’s main purpose was re-establishing direct lines of commerce between Myanmar and the United States. Also joining the delegation was Timothy Haake of Haake/Fetzer, senior counsel to JA, and the Inle Advisory Group, a Myanmar-centric business consulting firm.

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