GemFind Weekly Newsletter April 4th, 2017

April 4, 2017

GemFind Weekly Newsletter April 4th, 2017

April 4, 2017 Alex

Simon G. Joins JewelCloud¬ģ

Simon G. Jewelry puts passion & art into every engagement ring design. Elegant, sophisticated, and fashion forward,¬†Simon G. designs embody the spirit of today‚Äôs modern woman. Simon G. has just joined GemFnd‚Äôs social product network JewelCloud¬ģ.¬†Read More


The Future of  Retail Jewelry

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Record Smashed as Sotheby’s Sells Pink Star to Chow Tai Fook for $71 Million
IDEX                               April 04 

Chow Tai Fook, the Hong Kong-based jewelry retail giant which is the world’s largest jeweler, paid around $71 million for the 59.6-carat Pink Star diamond today (Tuesday), setting a new world record for the top auction price for any gem. The retailer won the battle for the gem in just five minutes, bidding HK$553 million, Sotheby’s said.

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Signet Labels Shareholder Suit ‚ÄėWithout Merit‚Äô
Diamonds. net              April  04  

Signet Jewelers has dismissed a lawsuit that claims the retailer misled the public about an arbitration case during which allegations of sexual harassment surfaced.The suit, which was filed last week, alleges that Signet and certain executives “violated federal securities laws by disseminating false or misleading statements to the investing public about the true 

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Diamond District Drug Bust: $2 Million In Cocaine Seized From Fake Jewelry Store

 Patch .com            March 31

Diamonds aren’t the only expensive commodity being sold on West 47th Street. Fifty-five kilograms of cocaine, worth $2 million, was seized from a phony Diamond District jewelry business which turned out to be a front for a narcotics smuggling ring,¬†¬†

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Diamond market improves after a slow first quarter Jewellery Focus  April 03 

The latest RapNet Diamond Index from the Rapaport Group found the price of 1-carat polished diamonds increased by 0.1% in March and was down 1.1% during the first quarter. There was good demand for 0.30- to 0.49-carat diamonds, 

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Please visit GemFind at the AGS Conclave. GemFind is a benefit provider for AGS and would love to meet you and evaluate your overall online strategy. Please schedule your appointment here for a FREE online presence review. Your participation at the show will also register you for a drawing to win a FREE tablet computer. 

Hidden Camera Video Reveals Just How High Diamond Markups Can Be
Yahoo. Style        March 30
Jacob Worth took a hidden camera inside some of New York City’s most luxurious diamond retailers, including Tiffany, Cartier, Harry Winston, and Van Cleef. According to the footage Worth captured, many jewelers are selling diamonds virtually identical to each other, under markups well beyond the average for retail.
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Signed Jewels That Sparkle At Sotheby’s Hong Kong Sale

Jewelry News Network        April 02 

Among the approximate 196 lots at Sotheby‚Äôs Hong Kong ‚ÄúMagnificent Jewels and Jadeite Spring Sale‚ÄĚ are an Art Deco mystery clock by Cartier, a pair of ruby and diamond bangles by famed Indian designer,¬†

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The Rolex That Might Sell for More Than $2.5M 
National Jeweler                   April 03       A rare Rolex with a historically significant backstory could become the most expensive watch from the brand ever sold at auction when it goes under the hammer in Geneva next month. 
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More Fine Watches from Baselworld 2017!

Jonathan Fine Jewelery      March 28

As we’ve mentioned before, Baselworld is a great barometer for how the watch industry is going to be changing in the coming years. We saw several trends that included throwbacks to original watch models and 

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Most beautiful women’s watches at Baselworld 
 The Jewellery Editor  April 03 
Feminine to the core, these chic,¬†diamond-adorned ladies’ watches stood out¬†at the biggest watch and jewellery show in the world.¬†¬†Read More

JewelCloud Member Spotlight 

Color Jewels, Inc. is a vertically integrated, global leader in the manufacture and distribution of Fine Diamonds and Natural Color Diamonds and Multi color Gemstone products  >>>>

Contact us to add products to your web site and Facebook page!

Brick and Mortar Still Resonates With Consumers 
GemFind Blog       March 29
Consumer Buying Patterns are Changing…New technologies have led to drastic changes in the way consumers evaluate and ultimately make purchasing decisions. Understanding some of these changes can help you and your retail jewelry store adapt and thrive in this changing marketplace. Read More
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