GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

Weekly Chain Store Sales Dip Slightly, Jewelry Sales Weaken

22 april 2009

Weekly chain store sales fell 0.1 percent for the week ending April 18, 2009, compared with one year ago, according to the latest report published by the International Council of Shopping Centers (ICSC) and Goldman Sachs, RAPAPORT reported. Week-to-week sales slipped 0.4 percent, following three consecutive weekly sales increases. "[C]onsumers took a pause in the latest week with discounters and specialty stores, such as books and jewelry, which were particularly weaker,” said Michael P. Niemira, ICSC chief economist.  "Adjusting for the shift in the date of Easter relative to 2008 (April 12 vs. March 23, 2008)," however, the year-on-year sales rate was "a tad better than the prior few weeks," noted Niemira. “For April, ICSC Research anticipates sales will increase by 1 percent or possibly more — on a year-over-year basis,” Niemira added.
ICSC and Goldman Sachs' Weekly Chain Store Sales Snapshot measures U.S. nominal same-store or comparable-store sales, excluding restaurant and vehicle demand. The weekly index is constructed as a sales-weighted geometric average growth rate to preserve long-term consistency, and is statistically benchmarked to a broad-based monthly retail industry sales aggregate, also compiled by ICSC, that currently represents approximately 40 retail chain stores. The index represents industry sales statistically and is not just the sum of sales for a handful of retailers.