Trade Resources

It’s no secret that jewelry customers – especially Millennials – are increasingly interested buying in fair trade, sustainable and ethically-sourced jewelry products. Whether driven by a growing sense of social responsibility, such as a desire to improve the working conditions of miners, or concern for the environment, the fact is that today’s jewelry customers are buying far more than a product. They understand that their purchase is the result of a supply chain, and that the provenance of a purchase can range from sustainable and ethical to illegal, exploitative and destructive.

For the last two decades, the largest trade only event serving the antique jewelry and watch industry, the Las Vegas Antique Jewelry & Watch Show, has been a staple during Jewelry Market Week each summer. This year the event will again be held at the Paris Hotel and Casino, June 2-5.

December 8, 2015 - A coalition of civil society advocacy organizations involved in the annual Kimberly Process review meetings has announced that they will boycott the 2016 edition of the gatherings, saying that a decision by industry groups and governments to name the United Arab Emirates as chair of the proceedings crosses a “red line”.

November 10, 2015 - A report produced by the Jewelers Board of Trade shows that 276 jewelry businesses in the United States ceased operations in Q3 2015, an increase of 25% year-on-year.

“Customer Service” is a widely-used, but usually “not actually done enough” phrase. Extraordinary service gets people talking about your store, lowers your advertising costs and increases sales. How? Your customers come back to you rather than a competitor - and they send their friends. In addition, repair sales are trust-sensitive, therefore people will allow you to do higher end repairs and custom work.

October 14, 2015 - Timed perfectly for the holiday season, LUEUR, the new, exclusively chic antique jewelry and watch show, will be held at Javits Convention Center in New York City, October 23-25. The show will feature the most elite purveyors of antique, estate and vintage jewelry and watches who will bring highly prized pieces to New York City for three days only.

October 5, 2015 - In a precedent-setting ruling that has implications for retailers, their customers and web companies alike, a municipal judge in Massachusetts has ordered online review platform Yelp to hand over the identifying data of an anonymous commenter who left a negative review about a Boston-area jeweler.

On September 9, 2015, Canadian mining company Minera IRL announced that it had suspended operations at the Corihuarmi gold mine in Peru, after a group of one hundred protesters took over the site with the goal of stopping production. By midday, Minera shares had dropped by more than 13 percent.

Popular social media platform Pinterest, which counts more than 70 million users, has added “Buy It” buttons to their service to allow customers to buy products directly from retailers on the site.

Interview with Danny Baruch from Diamonds by Israel Standard Inc., a diamond wholesaler based in New York City.