11182017Sat
Last updateWed, 15 Nov 2017 6am

Other News

JLL predicts up to 6 percent growth in holiday season spending

Survey reveals GenX to outspend Boomers this holiday season

(CHICAGO) - Now that the last trace of Halloween candy is gone, Americans plan to get started on holiday shopping. Nearly 30 percent of shoppers will start shopping prior to Thanksgiving, while just over 30 percent of shoppers will start stocking up over the five day period from Thanksgiving to Cyber Monday.


NY Post reports new “Bling Ring” targeting celebrities

bling rings celebs

It started in January, when burglars boosted hundreds of thousands of dollars’ worth of jewelry and cash from “Dog Whisperer” Cesar Millan. Then, retired Laker and former Knicks coach Derek Fisher’s Tarzana, Calif., home was hit, with thieves taking $300,000 in jewelry, including five NBA Championship rings. Next up: Someone broke a window in Fabio’s Los Angeles house and walked out with a vault that contained $200,000 in gold and watches.

GIA Retailer Lookup hits 7,500 retailers milestone

300% increase in consumer traffic in 2017

GIA

(CARLSBAD, Calif.) - Retailers around the world are getting noticed by shoppers looking for GIA (Gemological Institute of America) graded diamonds and stores with GIA educated staff. With 7,500 registered doors (as of the beginning of November) and counting, the GIA Retailer Lookup lets consumers search for retailers by city or postal code, and provides addresses, store hours and directions for registered stores. Consumers can visit https://www.gia.edu/retailer-lookup to find a retailer.

NRF reports over 164M consumers plan to shop over Thanksgiving weekend and Cyber Monday

gifts e(WASHINGTON) - The biggest shopping weekend of the year is right around the corner and 69 percent of Americans - an estimated 164 million people - are planning to shop or are considering shopping during Thanksgiving weekend, according to the annual survey released Tuesday by the National Retail Federation (NRF) and Prosper Insights & Analytics. For the first time in survey history, the numbers include Cyber Monday in addition to Thanksgiving Day, Black Friday, Small Business Saturday and Sunday.

Expert says counterfeit gold coins and bars a growing problem

counterfeit gold

(Kitco News) - A circulated fake gold bar in Canada could be the sign of growing sophistication within the counterfeit industry, according to one industry expert. 

In an exclusive interview with Kitco News, Beth Deisher, director of an anti-counterfeiting taskforce that is part of the Industry Council for Tangible Assets (ICTA), said she has seen a lot of fake bullion but the fake bar in phony Royal Canadian Mint packaging found this week represents a new dimension in the marketplace.

JA submits argument on Sales Tax Fairness to US Supreme Court

JA e(NEW YORK) - Jewelers of America (JA) has joined a group of 10 retail trade associations that have filed an amicus brief to the United States Supreme Court in support of South Dakota’s petition to the court to re-consider the Quill decision from 1992. That decision established the current system under which states are prohibited from collecting sales and use taxes from sellers that do not have a physical presence in-state, leading to the current uneven playing field between traditional and online sellers.

Centuries of Opulence: Jewels of India exhibit

Unique collection on display at GIA in Carlsbad, CA

(CARLSBAD, Calif.) - A singular exhibit of intricately designed 17th to 20th century jewelry and ornate objects from India debuted Oct. 13 at GIA’s (Gemological Institute of America) world headquarters in Carlsbad, CA. “Centuries of Opulence: Jewels of India,” will be on display through March 2018, showcasing 300 years of adornment with 50 lavish historical jewelry pieces and objects, including several from the Mughal Empire (1526–1857).

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