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

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

U.S. Jewelry Sales +1%

23 december 2009

MasterCard Advisors' SpendingPulse, a macroeconomic report tracking national retail and service sales, reported that sales across the U.S. jewelry sector have increased by 0.7 percent during the holiday shopping period, or from November 1 through December 12, 2009. Excluding jewelry, the luxury retail sector continued to experience sales declines, however, dropping 4.2 percent from one year ago, RAPAPORT reported.
Across the specialty apparel segment, SpendingPulse found that overall sales have fallen 3.2 percent. Women's apparel sales have dropped 3 percent, while men's apparel sales have increased by 1.1 percent. Footwear sales have also experienced a slight improvement of 1.3 percent and electronics sales for the holiday season to date have risen 4.4 percent compared with 2008. SpendingPulse also noted that online retail sales for all categories combined had increased by 13 percent so far this holiday season.
Michael McNamara, the vice president of research and analysis for SpendingPulse, said, "In terms of the latest performance figures, the electronics, men's apparel, footwear and furniture and furnishings sectors are all showing positive or flat year-over-year growth rates since the Black Friday weekend.
"There is improvement in the year-over-year comparisons virtually across the board as we move through December," he added. "This improvement is in spite of a significant winter storm event that impacted virtually all the northern regions of the country in the first half of the month. There is still a good deal of shopping to occur between now and Christmas, but the early improvement in December has lifted the growth rates into positive territory for five of the ten holiday-related sectors for the 2009 holiday season to date."