I received an email in response to a recent blog post asking for more information about buying gold from the public. The downturn of the Asian economy offers an opportunity to help your customers while creating a new profit stream…
Virtually every trade publication or blog is talking about the diamond crisis. Prices are plummeting and demand is falling across all levels of the industry. Companies in default, bankruptcy and closing doors are becoming all too common. From the mines…
Once again the jewellery industry is faced with a diminished market due to an economic downturn. As money gets tight, jewellery buying is one of the first things consumers abandon. After all, jewellery is a luxury and not a necessity. …
The July sight may be an indicator of the future of De Beers. According to an article on Damonds.net, more than 65% of the total value of rough was rejected by sightholders. Stating a lack of profitability, the buyers are…
Their names are familiar to most people. Even a mention of some brands can evoke feelings of wealth, status and history. Carrying luxury brands in your store has many positive benefits but can also be problematic. The decision to stock…
The diamond business desperately needs more clarity. I am not talking about inclusions but the need to be clear on what we are selling and how much it will cost. The diamond industry is built on smoke and mirrors. Everything…
