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New Report Expects U.S. Demand for Jewelry to Grow Despite Uncertainty Elsewhere

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Improved job market credited for last year’s increase in sales.

U.S. jewelry demand increased last year on the strength of sustained economic recovery and an improved job market, according to a new report from De Beers that’s cited by Rapaport. The article says that total U.S. jewelry sales jumped by 5 percent to $39 billion, though that wasn’t enough “to lift the global industry which contracted 2 percent because of sluggishness in emerging-market economies and the strength of the U.S. dollar.” De Beers expects U.S. demand to continue growing in 2016 amid an uncertain global economy.

Read more at Rapaport

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Why This Fourth-Generation Jeweler Chose Wilkerson for a Very Special Sale

Parian & Sons of Franklin Lakes, NJ was founded in the early part of the 20th century. But even stores that have successfully made it through the Great Depression, a World War and the Woodstock Generation must come to an end. With no family wanting to continue the tradition, the time was right for Glenn Parian and his wife, Maria, to retire. And what better way to do so than by hiring Wilkerson to help with the store’s liquidation sale. As Glenn puts it, with his credit card machine humming to the tune of up to 200 transactions a day, he couldn’t have done it without Wilkerson. “This is what they do,” he says. “This is what they do for everybody.”

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