Blogs
Jewelry Industry Confidence is High
Kiplinger’s latest forecast on retail sales and consumer spending for 2018 is bright. Excluding gasoline and autos sales, retail is expected to grow 5.1 percent, up from 4.2 percent in 2017, according to the Washington, D.C.-based publisher of business forecasts and personal finance advice. E-commerce will have another banner year, growing 15 percent, while in-store […]
Branding Matters
Branding is perhaps more important now than it has ever been, an imperative for differentiation through authentic storytelling relating to the products and services you promote. The need to differentiate and deliver your message to your target market is critical in a business climate where the Internet, social media and other technology create a lot […]
Store Of Future Embraces Technology
Jewelers have to up their game by embracing technology to better understand and deliver the experiences consumers want and expect. That was a key takeaway imparted by author and renowned consumer futurist, Doug Stephens, AKA “The Retail Prophet”, to jewelers attending a The Plumb Club symposium at JCK Las Vegas in June. Stephens shared findings […]
Lessons From Las Vegas
Retail jewelers planning their fourth quarter and holiday season sales strategy left JCK Las Vegas in June with optimism for the diamond and jewelry market as we move ahead. Days prior to JCK, the De Beers Group reported that global consumer demand for diamond jewelry hit a new all-time high in 2017—rising 2% to $82 […]
Lessons Learned In Vegas
There is enormous excitement for JCK Las Vegas, as the mega jewelry tradeshow heads back to the renovated Sands Expo & The Venetian, May 31 to June 3. The Plumb Club Pavilion, a must-see destination for retail jewelers, will unveil a new look that represents the commitment of this alliance of jewelry suppliers to educate, […]
The Plumb Club Elects New President, Vice President and Board Member
FOR IMMEDIATE RELEASE: The Plumb Club has announced the results of their annual elections effective July 1st, 2018. Michael Lerche of Goldstar Jewellery, has been elected President, replacing Jonathan Cohen of IB Goodman Company after serving three years, which is the Club’s term limit. Replacing Mr. Lerche as Vice President is A.J. Tosyali of Benchmark. […]
Re-Engineering Retail
Author and internationally renowned consumer futurist, Doug Stephens, paints a bold vision of the future where every aspect of the retail experience, as we know it will be radically transformed. Stephens, AKA “The Retail Prophet”, gave the keynote presentation at the annual Plumb Club Breakfast symposium during JCK Las Vegas in June, co-sponsored by the […]
Driving Diamond Demand
Global consumer demand for diamond jewelry hit a new all-time high in 2017, climbing to US $82 billion, a two percent increase on the previous year, according to industry insight data published by De Beers Group prior to JCK Las Vegas. The U.S. was the main driver of growth for the fourth consecutive year, where […]
Profiting From Pearls
Pearls—second largest category to diamonds—give jewelers greater price flexibility, equating to higher profitability that cannot be realized in commoditized diamonds that are easily priced shopped. Moreover, pearls are at the top of their game in popularity, a favorite accessory to fashions for all seasons. InStyle magazine hails pearls perfect for work, a trip to the […]
Empowering Pearls’ Message
From layers of classic white round pearl strands a la Coco Chanel to colorful organic baroque shapes in playful designs, pearls are not only classic, they’re essential in any jewelry wardrobe. Throughout time, powerful women have tapped their inner goddess wearing pearls — from the Queens of Egypt and England to our favorite celebrities, broadcasters […]