Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...

Yesterday

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

U.S. trade body warns Christmas sales likely to fall for second straight year

08 october 2009

Retailers hoping that U.S. consumers would open up their wallets ahead of Christmas are likely to be disappointed, according to the National Retail Federation which is predicting that holiday retail industry sales will decline for the second consecutive year, Antwerpfacetsonline reported.
The trade group forecasts a 1 percent fall in sales in November and December from the same period of 2008 to $437.6 billion. The main factors are consumer fears over job security and home values, the NRF reported.
Sales fell 3.4 percent in November and December last year.
A decline again this year would be the second straight year of sales following a period of rising sales since 1995 when the NRF started monitoring holiday sales. Over the past 10 years, holiday sales have averaged a growth rate of 3.4 percent.
Meanwhile, for all of 2009, the NRF forecasts annual retail industry sales to decline by three percent.
U.S. consumer confidence has been shaky and difficult to forecast following the onset of the financial crisis last year.
Last week, the Conference Board's key national Consumer Confidence Index unexpectedly fell in September from August.
The Conference Board said that consumers were still uneasy about the short-term outlook and their incomes.