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

Blue Nile head forecasts "double-digit" rise in holiday season sales

03 december 2009

Online diamond and jewellery retailer Blue Nile is enjoying its "best post-Thanksgiving ever," President and CEO Diane Irvine said in an interview on CNBC, Antwerpfacetsonline reported.
Irvine said that in the days following Thanksgiving, Blue Nile saw an increase in transactions valued at more than $20,000. The largest single transaction was the sale of a 5-carat diamond for just under $100,000.
"Today looks to be our best Cyber Monday ever," Irvine said. "So we're setting records all of the days of the weekend. We've exceeded our expectations, and I think what you're seeing is that consumers are coming online and seeing the convenience and the value."
Irvine claimed that Blue Nile, which has been operating for 10 years, now accounts for 4.5 percent of the U.S. engagement ring category.
Irvine believes the firm will see a "double-digit" rise in sales this holiday season.
The company, whose shares have more than doubled in the past year, is taking advantage of the demise of many "bricks-and-mortar" jewellery retailers as a result of the shake-up caused by the recession in the past year.
The depth of the financial crisis last year and the resulting recession and economic slowdown has led many consumers to search for lower prices which online retailers with their vastly lower overheads are able to provide.
Cyber Monday, the first Monday after Thanksgiving, has traditionally been used by retailers as a marketing event, with numerous online retailers offering sales and promotions.
Internet research company comScore reported on Sunday that online sales on Black Friday rose 11 percent on last year to $595 million.