With the COVID-19 pandemic receding, many jewelry salespeople are getting back on the road. Unfortunately, they face the same dangers from crime gangs as they always have, the Jewelers’ Security Alliance said recently. This month has already seen three notable off-premises robberies of jewelers and jewelry sellers. • On Oct. 15, a 67-year-old jeweler was sitting in…
Tag: Jewelry Industry
【China】How to Conduct Your Brand’s China Digital Audit?
China is a $1.94 trillion e-commerce market, the largest in the world, and more than three times bigger than the U.S. e-commerce market (source: eMarketer). But it is also a difficult market to enter. What is the potential of YOUR brand in the Chinese market? Depending on your current digital footprint on Chinese social platforms, your…
【Local】Virus Hits China’s Gold Jewelry Demand as Shoppers Stay Away
Sales of gold jewelry in China are set to plummet this year as the economic damage from the deadly coronavirus crisis widens. The death toll from the outbreak has topped 1,100 and shoppers are staying away from public places to avoid infection, while also limiting their spending to basic necessities such as groceries. Jewelry retailers…
[Int’l] U.S. Department of State Calls for Greater Jewelry Supply Controls
During a conference held yesterday at the U.S. Department of State, government officials stressed that all members of the jewelry industry need to get a better handle on their supply chains, sources told JCK. Some attendees expressed considerable nervousness prior to the conference, in light of an April meeting with Department of State officials that struck some as threatening, with cryptic warnings of…
[Int’l] The Jewelry Industry Is Still Shrinking, But Less So
The Jewelers Board of Trade(JBT) numbers for the second quarter of 2019 show that the traditional jewelry industry continues to shrink, even if it’s not consolidating at the quick rate that it did in prior years. In its most recent industry statistics, the Providence, R.I.–based credit-rating group found that industry consolidation had picked up a bit…