Jewelry industry

Maybe the jewelry industry isn’t shrinking, it’s changing – JCK

We’ve all seen the numbers that say the American jewelry industry is contracting. In the third quarter of 2018, the Jewelers Board of Trade (JBT) found that 226 U.S. jewelry companies closed and only 51 opened. These numbers are roughly equal to last year and show that the industry continues to consolidate. And yet, more […]

Jewelry industry

FTC releases new guides for jewelry industry – JCK

Federal Trade Commission (FTC) released final version revision to its widely watched jewelry guides, with a host of changes that impose new rules on how the trade can describe flow-grown colored stones, pearl treatments, and gemstone grape varieties. It also relaxes existing standards for lab-grown diamonds and metal alloys. The changes, unanimously approved by the […]

Jewelry industry

Behind the Shine: a call to action for the jewelry industry

Jewelry is believed to be a symbol of beauty, love, and commitment. Each year, consumers purchase nearly US $ 300 billion worth of jewelry for themselves or their loved ones. But more and more, promoting the story of beauty, love and commitment is not enough – customers want to be sure that the precious minerals […]