12162017Sat
Last updateTue, 12 Dec 2017 7pm

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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).

GIA education campus Opens in Tokyo

Graduate Diamonds diploma to be offered in Japanese

(TOKYO) - Speaking in Tokyo on Sept. 19 to leading figures of the Japanese gem and jewelry industry, many of them GIA (Gemological Institute of America) alumni, GIA President and CEO Susan Jacques announced the opening of GIA’s Tokyo campus.

MJSA Education Foundation awards $12,500 in Scholarships

The MJSA Education Foundation, a 501(c)(3) non-profit dedicated to advancing professional skills in jewelry making and design, recently awarded five students scholarships totaling $12,500. That amount includes, for the first time, a $2,500 scholarship provided by the Providence Jewelers Club Foundation for students enrolled in an eligible Rhode Island program.

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 “I’m trying to get into the holiday spirit, but the darn bottle won’t open!” ~ Anonymous

According to a recent report from MoneyWatch, consumers appear to be in a buying mood as we head into the critical holiday shopping season.  Unemployment is holding at a 16-year low, and the stock market is continuing its rally.  But it seems as though the battered retail industry is still struggling to adjust itself to the growth of online shopping.

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