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JSA to Honor 2 Journalists and 3 Law Enforcement Officers

They’ll receive awards at a luncheon in NY.

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Michelle Graff and Rob Bates

(PRESS RELEASE) NEW YORK – On Saturday, Jan. 12, 2019, the Jewelers’ Security Alliance will host its annual luncheon at the New York Yacht Club in New York, honoring several individuals for outstanding assistance to the safety and security of the jewelry industry.

JSA will present the 14th Annual Industry Service Award to Michelle Graff, editor-in-chief of National Jeweler, and Rob Bates, news director of JCK. Graff has been with National Jeweler for 11 years, and Bates with JCK for 21 years, and during that time they have posted many articles that provided important information and advice to the industry on crime and crime prevention.

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John Kennedy, president of JSA, said, “Michelle and Rob are terrific journalists with a deep knowledge of crime and the jewelry industry. The information they are able to spread to a wide audience has been of enormous assistance to JSA in its mission of reducing crime against the industry.”

JSA will also present the 20th Annual James B. White Award to three members of the Paramus, NJ, police deparment: Deputy Chief Robert M. Guidetti, Detective Lieutenant Frank Scott and Detective Nicholas J. Luciano. These three honorees have collectively been involved in well over 100 cases involving the jewelry industry, totaling millions of dollars in stolen merchandise.

Kennedy said of the Paramus personnel: “The Paramus Police have long rendered important assistance to the jewelry industry. Their investigations, arrests and assistance to other police agencies have made a tremendous impact on keeping the industry safer.”

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OROAREZZO 2019 Is Ready

This year also reaches the milestone of its 40th anniversary.

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(PRESS RELEASE) – Everything is ready for the next edition of OROAREZZO, the event that promotes the best Italian goldsmithing production internationally, which this year reaches the important milestone of the 40th anniversary.

The quintessential appointment of the Made in Italy goldsmithing sector, managed by Italian Exhibition Group and scheduled from April 6th to 9th at Arezzo Fiere e Congressi, brings together some of the best Italian manufacturing companies through exhibitions dedicated to jewelry, silverware, semi-finished products and stones.

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Innovation, stylistic and technological research; state-of-the-art products that, according to tradition, follow the rules of industrial production.

These summarize the distinctive features of the proposals that will be presented at OROAREZZO.

Tradition and innovation are combined, for example, with the elegance and quality of Coar’s creations, which stands out on the market for both massive and empty chains that come to life through the various phases of the production process: from casting to continuous casting passing from threading to beating to diamonding and silvering.

Constant innovation in products and production techniques is the basis of the jewels produced by Giordini which uses electroforming, a complex procedure that requires numerous steps and the use of latest-generation machinery. This production technique is the only one that allows the creation of voluminous, articulated forms, with a sculptural plasticity, moved in space and at the same time extremely light.

An innovative nanotechnology treatment for silver that constantly maintains its natural splendor characterizes the silver chains of Karizia Spa which also offers models with customized “sliding components”.

Even more traditional proposals, albeit in a “modern” and revisited perspective, will be presented at OROAREZZO 2019: from the most beautiful hand-engraved cameos on shells of Cameo Italiano -company from Torre del Greco – which was able to reinvent the cameo jewelry design dissolving the boundaries between classic jewelry and current fashion, to arrive at the contemporary tradition of Golden Corals jewels, where coral and cameo are the common thread that links the many collections of jewelery and bijoux.

The event also includes dedicated areas such as Cash & Carry, a dynamic and innovative space that offers companies the opportunity to sell to the market or the Tech area, which will occupy an entire pavilion, dedicated to more technological processing systems.

Here we will alternate specialized machinery for the deformation and transformation of metal of various kinds as well as equipment for stamping and cutting, such as the solutions proposed by the company STIL MEC, as well as technologically advanced scanners and 3D printers, for which 3DZ – the leading company in the sector – stands out.

In addition to important names such as Sisma, Fabo, CIMO, Italimpianti, Ombi, the proposals by Legor Group stand out, specializing in the two complementary worlds of metallurgy and metal chemistry for jewelry and fashion, which will present new innovative alloys at OROAREZZO. a galvanic process of white bronze for surface finishing, particularly relevant for the Fashion Accessories sector.

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Silver Promotion Service Survey Shows 10th Consecutive Year of Silver Jewelry Sales Growth

Younger consumers proved to be key demographic with gifting and female self-purchase as the best selling opportunities.

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(PRESS RELEASE) NEW YORK — Silver jewelry sales in the United States were strong in 2018 with 52% of jewelry retailers reporting increased sales according to a survey conducted on behalf of the Silver Institute’s Silver Promotion Service (SPS). The results also confirmed that silver jewelry continues to be a leading merchandise category for retailers, both in driving sales and providing margin.

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Highlights from the 2018 survey include:

  • The average store growth in 2018 for silver jewelry sales was 16%.
  • Retailers said their silver jewelry sales, as a percentage of their overall jewelry sales, were on average 24% of their unit volume and 18% of their dollar volume.
  • 51% said silver experienced the best inventory turnover rate in 2018; 12% said diamond; 14% said bridal and 12% gold.

The best maintained margins during the Holiday Season were:

  • Silver Jewelry 40%
  • Diamond Jewelry 23%
  • Bridal Jewelry 17%
  • Gold Jewelry 15%
  • Platinum Jewelry 5%
  • 84% of retailers say they are optimistic that silver jewelry sales will continue to grow.

SPS Director Michael Barlerin commented, “The Silver Promotion Service is obviously gratified by what the survey demonstrated. We are also enthused that the optimism for silver’s ongoing performance remains so strong.” The survey, conducted by INSTORE, was fielded in February this year. This was the tenth consecutive year that SPS has commissioned such a survey.

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Diamond Producers Association Announces New Diamond E-Learning Program

It gives retailers the tools and language to become true storytellers.

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(PRESS RELEASE) The Diamond Producers Association announces the launch of a new e-learning program for diamonds, “Behind the Brilliance of Diamonds.” Developed to help all U.S. retailers, the hour-long program – split into three informative modules – offers educational material and quizzes, going beyond the 4Cs to highlight the intangible value of natural diamonds, billion-year-old treasures of the earth.

“The Diamond Producers Association’s e-learning program, ‘Behind the Brilliance of Diamonds,’ offers a clear and concise, open platform for the industry,” said Grant Mobley, DPA’s trade relations lead. “Whether you have been working with diamonds for one day or 20 years, the program relates compelling stories about the history of natural diamonds, easy-to-digest and well-researched facts, and memorable details about the important benefits that the natural diamond industry makes to the world.”

The initial beta launch has yielded positive feedback.

“Getting back to basics, often we get so caught up in the technical aspects of our career that we forget the emotional aspect. Thank you for bringing the reality of relationship-selling back to the forefront,” said Cheryl Worcester of Days Jewelers.

Pierre Soucy of Robert Richer added, “I think this is both a timely and much needed program made easy and readily available for the industry by the DPA. In the past decade the jewelry industry (as a whole) has much neglected relationships between products, partners, and how they relate to the public. This program is a big gesture in bridging that void.”

“The DPA’s e-learning program should be required for everyone that sells diamonds,” said Phillip Bosen of Bosen Associates.

In addition to the training program being free, there are rewards for retail sales people who complete the program. Points are awarded for each module completed and can be redeemed for up to a $25 gift card to one of several popular retailers.

Retail sales associates who complete the program will also be entered to win a grand prize for an all- expenses paid trip for two to New York City. Valued at $4,000, the trip will offer exclusive behind-the-scenes access to the New York diamond industry, including a personal tour of a diamond cutting facility. The drawing will take place in the fall.

Visit www.diamondproducers.com/tradeportal to access the e-learning platform.

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