Read This Report
The Natural Diamond Council has released a new flagship report: Diamonds of Botswana. The analysis shares key figures on how natural diamonds have underpinned Botswana’s rise from the third-poorest country in the world to a vibrant, middle-income country. Natural diamonds make up a third of Botswana’s fiscal revenue, 80% of its exports, and account for a quarter of the country’s GDP. naturaldiamonds.com
New Antique Show
U.S. Antique Shows has announced a new show! The Coconut Grove Jewelry & Watch Show (CGJWS) will be a consumer-facing event with a curated selection of antique, vintage, and estate jewelry and timepiece dealers. Attend CGJWS November 14-16 at The Hangar at Regatta Harbour in Miami’s historic Coconut Grove neighborhood. coconutgrovejewelryshow.com
Refining “Recycled” Gold
The World Jewellery Confederation (CIBJO) is recommending a new, precise definition of “recycled gold.״ Standardizing this terminology throughout the jewelry and watch sectors will provide greater clarity and consistency both within the industry and in the marketplace. CIBJO will include this definition in its guidance documents from now on. cibjo.org
High Tech Horology
EveryWatch, a comprehensive platform that continues to redefine how the watch market is understood and navigated, has introduced an AI-powered EveryWatch Intelligence platform. This resource delivers insights into market trends, consumer behavior, and competitive dynamics to help brands, retailers, auction houses, and the media refine their strategies and drive business growth. everywatch.com
Superior Solution
Jewelers Mutual Group, the insurance and business solutions provider dedicated to the jewelry industry since 1913, has announced a significant enhancement to their Jewelry Appraisal Solution: It can now seamlessly access GIA grading report data through GIA’s Report Results API by simply entering the report number. jewelersmutual.com
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Closing With Confidence: How Bailey's Fine Jewelry Achieved Outstanding Results With Wilkerson
When Trey Bailey, President and CEO of Bailey's Fine Jewelry, decided to close the Crabtree location in Raleigh, North Carolina after 15 years, he knew the decision needed to be handled with intention and professionalism. The goal was clear: exit the location while maintaining financial strength and honoring the store's legacy.
Having worked with Wilkerson successfully in the past, Bailey understood the value of their comprehensive approach. "They understood both the emotional and financial sides of the store closing sale," Trey explains. "Their reputation for professionalism, results and care made it a very easy decision."
The results exceeded expectations. Wilkerson helped Bailey's sell through significant inventory while maintaining the dignity of the closing process. "They don't just run a sale, they help close a chapter in the best way possible," Bailey says, strongly recommending Wilkerson to any jeweler facing a similar transition.