Stanley Zale

Synthetics will dominate bridal in 2024 and the collapse in 2025 when brides figure out they have been ripped off. Synthetic diamonds will go the way of CZ. Retailers who sell synthetic diamond engagement rings for huge profits will have to answer to brides who see their thousand dollar engagement rings offered for sale at WalMart for hundreds or even tens of dollars. Real natural diamonds will return as the ultimate gift of commitment because they are valuable as is the marital relationship. Millennial women in their thirties are not interested in tinder experiences. They want stable long term relationships and the opportunity to have children with men they love. Men also want loyalty, love and commitment. The synthetic engagement ring trend will blow away as will the jewelers selling them. Marriage is not a one night stand. Engagement rings are not costume jewelry.

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📢 Case Study Spotlight! 📢 We overhauled the Standard Operating Procedures for an exclusive wholesaler specializing in luxury jewelry and loose diamonds. 💎 Here's a glimpse into the journey: 💡 Insight: The client faced challenges due to a lack of established systems, causing issues with data input, communication gaps, and a systemized pricing structure. Managing a versatile customer base added to the complexity. 🔧 Service: ✅ Streamlined processes and established SOPs to improve efficiency. ✅ Enhanced interdepartmental communication and collaboration. ✅ Developed a systemized pricing structure for clarity and consistency. ✅ Provided comprehensive training sessions for all offices. 🏆 Outcome: 📈 Established standardized processes, creating a structured framework. 📊 Improved data accuracy and financial reporting. 🤝 Strengthened communication across departments. 📋 Streamlined customer management practices. 💼 Facilitated smoother transactions with a clear pricing structure. 💪 Increased productivity, reduced errors, and achieved cost savings. 🌱 Positioned the client for future growth and scalability. This case study highlights how meticulous project management can free up upper management's time and ensure projects are executed with precision. Curious to learn more about our approach and success stories? Check out the full case study >> https://lnkd.in/edDvqSas #MeganTellsAll #ProjectManagement #JewelryManufacturer

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US jewelry sales remained flat in August following a period of growth in July, according to Tenoris. Retailers have seen a surge in inventories recently, particularly in lab-grown jewelry, indicating potential challenges ahead. Natural diamond jewelry sales decreased by 3% year over year, while lab-grown jewelry sales saw a 10% increase despite a 17% decline in average price. This trend warrants attention as it may signify underlying market shifts. Read more: https://lnkd.in/dAPvmDZC

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Beyond Brilliance: The Power of Gemstones in Bejeweled Textiles (diamond emoji + textile emoji) Fellow collectors, Gemstones are more than just dazzling additions to our exquisite bejeweled textiles. They elevate these pieces to a whole new level, imbuing them with symbolic meaning, historical significance, and captivating energy. Unearth the Symbolism: Delve into the rich history of gemstones across cultures. Each stone carries a story, from rubies symbolizing passion and power to emeralds representing growth and renewal. Understanding these meanings adds depth to your collection. A Touch of History: Gemstones can be a window to the past. Certain stones and techniques were favored in different eras, offering a glimpse into the craftsmanship and aesthetics of their time. Energy & Expression: Many collectors believe gemstones possess unique energetic properties. Juxtapose stones for a specific effect, or choose pieces that resonate with your personal energy. Let's spark a conversation! Post your comments below, and share your thoughts on: The gemstones that hold the most significance in your collection. How you consider the symbolism and energy of stones when acquiring new pieces. The historical eras that most inspire your bejeweled textile collection. #bejeweledtextiles #gemstonepower #textileart #artcollecting #culturalheritage #symbolicmeanings #energyhealing

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This is an interesting interview with Al Cook. The is an excellent summary from which i quote : New trajectory for lab-grown diamonds And what of the lab-grown diamond market? Al believes the U.S. market is at an inflection point. “We’ve had a year where lab-grown diamonds made real inroads into the diamond markets,” he says. “I think we’ve reached peak lab-grown in the United States. We’ll still see the volumes come up, but we’ll see the value come dramatically down.” As evidence, he points out that the price of lab-grown stones has dropped 90-95% from five to six years ago. Now he says that you can buy 10 to 20 lab-grown diamonds for the equivalent of one natural diamond, and that price gap will continue to widen. Victoria wonders what this means for De Beers’ Lightbox brand. “We see Lightbox as a terrific way of demonstrating the differentiations between natural diamonds and lab-grown diamonds,” Al says. “We’re seeing the whole lab-grown diamond business become a low-cost, low-revenue business.” He says to expect news on Lightbox prices soon. My takeaway : Al is still spinning the idea that the cannibalization of mined diamond sales by LGD has peaked and we are at an inflection point. I believe Al is talking about the US market. He basically admits that Lightbox intended

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Many thanks to Jake Garner for reposting the latest data from Edahn Golan. I am a bit confused but based on the presentation that was made by Edahn’s partner at the AGS enclave I got the impression that while demand for LGD may have slowed there is no data saying these natural diamonds are re-gaining lost market share. Perhaps Edahn Golan or Chris Casey can clarify what the numbers are showing. There is no disagreement that LGD prices continue to decline at the wholesale level but from anecdotal comments from retailers offering LGD, the margin is still good. Not surprisingly the anti-LGD contingent is sounding the death knoll for LGD but the early death of LGD may be over exaggerated. I believe that LGD constitute only about 10 % of Signets turnover whereas some independents have LGD make up over 50 percent of their turnover. I agree that LGD may not be growing as fast but I am not sure the bridal business is going back to natural - yet. It may happen. LGD domestic demand is very brisk in India from my sources. China may be slowing down on gold very recently but it is not buying naturals or LGD. Edahn Golan I am aware of your pessimism on where LGD is heading and I don’t disagree but can you share what the Tenoris data is showing ? Should we get a funeral home and find a Church to bury LGD ?

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As a major CVD producer Kira certainly has all the resources to redefine the CVD and CVD jewelelry market not only in the U.S. export market as well as domestically. From what I can tell, natural’s loss has not been LGD’s gain. This is seems to be the case in China. The major retailers in India and China are claiming that consumers are not ready for LGD. I am based in Hong Kong and I do not claim to have a “world view” of where LGD industry is heading but if there are ongoing industry wide initiatives to plan for the future of LGD I don’t see it but it could be just my lack of access. Is the LGD story being written ? Everyone seems to be be doing their own thing. Maybe I am expecting too much and free market forces needs time. LGD space needs strong leadership.

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Stay ahead of the curve with the latest insights from The Diamond Port! 💎✨ In our latest Weekly Market Comments, we're sharing key takeaways on the latest production trends, the impact of rising gold prices on diamond jewelry demand, and more! I'm committed to keeping you informed about the latest developments in the diamond industry. Watch now and stay up-to-date! #diamondmarket #jewellerytrends #diamondport #weeklymarketinsights

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Throughout history, jewelry appraising has evolved from informal assessments to a formalized profession, reflecting changes in society, technology, and commerce. In recent years, there has been an increased focus on consumer protection and transparency in the jewelry market. Appraisers are often required to adhere to specific regulations, ensuring that their evaluations are accurate and reliable. Knowing how to run a successful business is imperative to jewellery appraisers. Learn more at https://lnkd.in/gdDHMGmU

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The latest data from Tenoris: US specialty jewelers experienced a 2.1% decrease in jewelry sales, with a 3.5% decline in units sold compared to the previous year, driven by weak demand for natural diamonds. Based on data from over 2,000 US jewelry retailers, the cost of goods sold decreased by 3.2% year over year, contributing to an increase in overall gross margins to 50% in the first half of 2024. Despite this, revenue from finished jewelry and diamond sales softened by 0.6% during the same period, while the average retail price of items sold saw a modest 0.7% increase. For a more detailed view of market trends and performance, check out the full report here: https://lnkd.in/dw-8Gtnf

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George Washington's personal touch in signing discharge papers offers a valuable lesson for modern business leaders. By taking the time to personally acknowledge each soldier's service, Washington demonstrated that individual contributions matter, even in large-scale efforts like the Revolutionary War. In today's corporate world, leaders can apply this principle by finding ways to recognize team members' hard work and dedication personally. Whether it's a handwritten note, a one-on-one conversation, or a personalized email, these small gestures can significantly boost morale, loyalty, and motivation. Like Washington's signatures, such acts remind employees that their efforts are seen and appreciated, fostering a stronger, more committed workforce.​​​​​​​​​​​​​​​​

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As we move through 2024, the natural diamond industry continues to face significant challenges. The emergence of synthetic diamonds, heightened sustainability concerns, and global sanctions demand new approaches and fresh perspectives. 💎 Our latest eBook, "The Way Forward in 2024" webinar, offers valuable insights to help you navigate these uncertain times. Read this guide at: https://hubs.ly/Q02KcFX_0 📘✨ #DiamondIndustry #Sustainability #Innovation #Webinar #EbookRelease

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Lab-grown diamonds are a hot topic in the industry. Valuable alternative or unwelcome imposter? This debate highlights shifting consumer attitudes towards diamond authenticity and value. Natural diamonds offer timeless appeal, investment potential, and cultural significance. Their allure lies in maintaining prestige amidst changing trends. While lab-grown diamonds provide innovation and affordability. My focus remains on championing the enduring worth and craftsmanship and in an evolving market landscape.

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A small 1.3% rise in sales at US jewelers in April. The increase in revenue was fully spurred by a 2.5% increase in the average consumer expenditure per unit purchased. A few of the figures: Natural diamond jewelry sales rose 1%, Prices of LGD-set DERs declined, Loose LGD was 57% of loose diamond sales, but just 25% of revenue. Here is an issue: LG prices are down, but gross margins and unit sales are up. What does it impact gross profits? We took a look at that and have some findings. https://lnkd.in/dDw4s8MQ

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Shopping for a diamond for a special someone? Before you make your purchase, you may want to learn more about laboratory-grown diamonds. “Natural diamonds are formed over billions of years, hundreds of miles beneath the Earth’s surface under truly remarkable conditions. Natural diamonds are unique, as no two are ever the same," says Debbie Azar, Co-Founder & President of GSI. “Visually, laboratory-grown diamonds look just like naturally mined diamonds. No one can identify the origin of a diamond just by looking at it." Learn More at GemScience.net #GemologicalScienceInternational #GSICertified #GSI #GSICertification #Gemstone #Jewelry #Gemstones #DesignerJewelry #GemLab #GemstoneTesting #GemstoneGrading #Gemology #Gemologist #ColorGemstones #Diamonds #Sparkle #FashionJewelry #Bling #DiamondsAreForever #ColorCutClarityCaratWeight #GSILaboratory #GSILab #LaboratoryGrownDiamonds

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What Type of Chain is Best for Pendants? Most probably, whenever you have bought pendant necklaces in the past, chains were included with them. However, many jewelry retailers and almost all wholesale gemstone jewelry manufacturers and suppliers sell chains and pendants separately, in order to provide their customers freedom of picking up the exact chain for themselves. You must be thinking of how will you know which Type of chain would suit which pendant, and are there any guidelines regarding the same? This is why we have created this comprehensive guide through which you can familiarize yourself with different types of chains and which ones work best on pendant necklaces. Rest assured, after reading this guide, you will be able to shop for jewelry with confidence. visit:- https://lnkd.in/gXgtfsMZ Type of Chain, gemstone jewelry, chain in pendant, gemstone pendant with chain, silver chain, fashion, lifestyle, different types of chain, 925 silver

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