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January 2009 Archives

Luxury Holiday Sales Way Down This Christmas Season.

MasterCard's SpendingPulsereports that luxury retail sales in the U.S. dropped 34.5 percent this holiday season. Total retail sales, excluding automobiles, fell by 8 percent in December through Christmas Eve, compared to last year.


Excluding gasoline sales, the fall in retail sales was 2.5 percent in November and 4 percent in December.


Blue Nile revenues declined by 2.9 percent while Tiffany revenues dropped by with same-store sales declining by 14 percent.


Posted by Barry Gutwein on January 1, 2009 7:39 PM in E-Commerce. | Comments (11)

Colored Gem Diamond Rings & Engagement Rings Are Big In 2009!!

Already, we are seeing a move in the direction of colored gems paired with diamond rings, to start 2009.

This trend covers not just promise rings and diamond rings, but even engagement rings with colored center gems are becoming popular for 2009.

We are getting requests for Tiffany Legacy Inspired diamond engagement rings, set with blue sapphires and other precious gemstones in the center.

With the economy faltering (let's hope it gets better..), people are looking to add some color to their lives!!!!

We could not agree more...take a look at this incredible eye-candy!


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Posted by Judah Gutwein on January 5, 2009 12:30 PM in Diamond Engagement Rings | Comments (35)

2008 Was A Tough Year For Diamonds and Engagement Rings

Sales of Luxury items, especially diamonds and jewelry took a big hit in 2008 and their sales across the board were significantly down for both Retail Brick & Mortar jewelers as well as Internet diamond websites. Reports of 35-55% decreases in sales were noted.

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Avi Krawitz of Rapaport News provides a detailed review and analysis on the diamond industry of 2008 and what might be in store in 2009.

Diamonds-OUCH!


Posted by Barry Gutwein on January 6, 2009 11:41 AM in Diamond Information | Comments (9)

Diamond Studded Motorcycle! See It To Believe It!

Check out this amazingly beautiful work of art created by somebody I know!

This "motorcycle" is literally studded with diamonds to create a dazzling showpiece of singular appeal.

I don't think I have ever seen anything like this and I cannot imagine how much this would sell for.....to a specific and interested consumer of course.....!!!

Take a look!


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Posted by Judah Gutwein on January 6, 2009 2:03 PM in Jewelry | Comments (34)

Ritzy Wedding Hall For $60.00 Is A Diamond In The Rough!

Getting married is a very expensive proposition, don't we know it.


But now an organization well known to take our money is giving back by providing a beautiful Wedding Hall in which to get married. Your cost? The extravagant sum of $60.00! Yes, you read correctly...$60.00!


The story is here: Elegant Wedding Hall!


Posted by Barry Gutwein on January 8, 2009 5:28 AM in Diamond News | Comments (9)

Layoffs Hit Jewlery Industry.

The current recession and sick economy has hit the Jewelry Industry. In addition to significantly lower earnings in the 4th Quarter by scores of Jewlery businesses, today ShopNBC and Jewelry Television announced layoffs as they look to retrench.


Story is here: Layoffs in The Jewelry Industry


Posted by Barry Gutwein on January 8, 2009 6:27 PM in Jewelry Stores | Comments (12)

Our New DeBeers Inspired Forever Diamond Engagement Ring Inspiration!

We just completed this gorgeous diamond engagement ring, inspired by the classic DeBeers Forever Diamond Engagement Ring, for one of our customers.

Take a look!


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Posted by Judah Gutwein on January 20, 2009 5:08 PM in Diamond Engagement Rings | Comments (10)

Princess Cut Diamond Engagement Ring {Pics!}

One of our creations; a princess cut diamond engagement ring!

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Posted by Judah Gutwein on January 22, 2009 8:05 PM in Diamond Engagement Rings | Comments (26)