Weekly Top 5 News In The Jewelry Industry – Nov.11.2019

1. After two tough years, Pandora Jewelry is refocusing its in-store experience to move beyond back-to-back years of declining sales in the U.S.Pandora is opening its first experience-focused concept store in the U.S. on Thursday, at Garden State Plaza in Paramus, New Jersey. 2. Tiffany & Co has asked Bulgari owner LVMH to raise its […]

Weekly Top 5 News In The Jewelry Industry – Nov.04.2019

1. LVMH has offered $14.5 billion for Tiffany & Co., and Tiffany said it has received a $120 per share offer from this luxury giant. At 2:55 p.m. New York time on Monday, Tiffany’s share price jumped 31% to a record $129 a day. 2. Chinese scientists grew 1-carat artificial diamonds in lab. An artificial […]

Weekly Top 5 News In The Jewelry Industry – Oct.28.2019

1. Gold prices have soared this year, squeezing jewelers’ prices and gross margins. Smaller companies may pass on costs to consumers. Larger companies are more likely to see their gross margins take a hit. As consumers seek to cash in on gold assets, the jewelry recycling market is booming. 2. October 24 – Bulgari Chief […]

Weekly Top 5 News In The Jewelry Industry – Oct.21.2019

1. The latest statistics from the jeweler’s Trade Commission (JBT) show that the jewelry industry has not stopped shrinking – the ongoing integration process has even begun to accelerate. JBT’s official statistics show that 743 companies have shrunk in the past year, or 2.8%. 2. Stamford Mall officials confirmed that Pandora’s jewelry store was closed […]

Weekly Top 5 News In The Jewelry Industry – Oct.8.2019

1. California governor Gavin Newsom (Gavin Newsom) has signed the latest law of the state containing metal jewelry requirements into law, which has been hailed as “the world’s most comprehensive regulations on lead and cadmium”. The bill (SB 647) was introduced by Senator Holly Mitchell (Holly Mitchell) in February, and was approved by the Senate […]

Weekly Top 5 News In The Jewelry Industry – Spet.30.2019

1. On September 27, 2019, Richemont Group announced that it had acquired 100 percent of renowned Italian jewelry house Buccellati Holding Italia SpA in a private transaction with Gangtai Group Corporation Limited, a privately held conglomerate. 2. Jewelers’crime losses drop 26% to hit record lows. Losses declined to $53.4M. According to the Jewelers’ Security Alliance’s […]

Weekly Top 5 News In The Jewelry Industry – Spet.25.2019

1. New York City Jewelry Week is now scheduled for November 18-24. Now, the second NYCJW held in the whole city has launched an expansion plan with more international perspectives. The organizers said NYCJW is presenting international curators and designers, to exhibit contemporary jewelry exhibitions and projects with artists from Italy, Korea, Sweden, Greece, Denmark, […]

Weekly Top 5 News In The Jewelry Industry – Spet.16.2019

Tiffany creates another reason for men to shop. Before, men always tend to shop for women. Now Tiffany creates another reason for men to shop: Tiffany Men’s, arriving Oct. 1 in stores worldwide and online. Pandora Plots a Comeback – Think Pink. Pandora has a shining transformation plan to regain some of the glory the […]

Weekly Top 5 News In The Jewelry Industry – Sept 9 2019

1. September Hong Kong Jewelry Fair will be held as planned. According to an exclusive interview with senior officials of the trade fair on Thursday, despite continuing protests and occasional violent confrontations with the police, there has never been any press of postponing the Hong Kong Jewelry Fair in September. 2. Pandora is releasing a […]