AGTA ePrism
Dec. 24, 2008

Gem Jam Tucson 2009 Debuts For Industry Musicians
from AGTA
On February 5th, 2009, musicians and music lovers within the jewelry industry will come together for an evening of live music, fun and relaxation during the Tucson show. Gem Jam Tucson 2009 will be an opportunity for musicians within the jewelry industry to take the stage and play together in a minimally structured environment, make music and enjoy a casual evening in the company of fellow industry members. More

AGTA Member FedEx Program Reduces Rates For 2009
from AGTA
American Gem Trade Association members can now save up to 37 percent on select FedEx Express® shipping services, and up to 15 percent on select FedEx Ground® shipping services. Eligible shippers may also be able to take advantage of FedEx Declared Value Exception to declare a higher value at a reduced rate. More

It’s the Season for Romance: Engagement Ring Trends
from The Toledo Blade
If the twinkling Christmas lights have you putting some twinkle on her finger, you aren't alone. The winter wonderland provides the most popular backdrop for wedding proposals. Many couples who long for something different and distinctive are trading diamonds for colored gemstones - think rubies or sapphires - as the centerpiece of an engagement ring. More

London Jewelry Week Hosts New Jewelry Contest, Award
from Fashion United
Coutts, the prestigous bank, is offering a unique opportunity to 20 up-and-coming jewelers with the introduction of the Coutts New Jewelers Awards, organized by the City Fringe Partnership. Created to support new talent in jewelry design and craft – industries that are particularly vulnerable in the current economic climate – winners will be able to draw on the bank's wealth of expertise by taking part in the Coutts Business Development Forum, receiving advice on how to remain resilient during these testing times. More

Jewelry Price Inflation Begins to Cool
from IDEX
After running at near-record levels for most of 2008, jewelry price inflation at both the consumer and the supplier level appears to be waning in the U.S. market. Earlier this year, jewelry price inflation moderated. Then, around the middle of the year, it spiked primarily because of sharply rising precious metals prices, just ahead of the meltdown of the financial markets in September and October. Finally, in response to declining commodities prices as well as softening consumer demand, jewelry price inflation has begun to moderate. More

Online Holiday Retail Sales Down for Jewelry, Watches
from Rapaport News
Online retail sales fell 1 percent to $24.029 billion from the start of the holiday shopping season on November 1 to this past Friday (December 19), online research company comScore found. comScore reported that online jewelry and watch sales fell 17 percent in December making it the third worst category performer ahead of office supplies (down 19 percent) and music, movies and videos (down 24 percent). More

Scientists: Amber Preserved Spider Web for 140 Million Years
from National Geographic
The world's oldest spider web has been found in a piece of amber on the south coast of England, scientists announced recently. Amateur paleontologist Jamie Hiscocks found the amber deposits, long hidden by sands and tides, and gave them to an Oxford University team. More

Changes at Blue Nile
from The Seattle Times
Internet jeweler Blue Nile this week announced a departure from its board of directors and two additions, bringing the board's total to eight. Joanna Strober, who had been a member since 1999, resigned from the board Wednesday. More

Shoppers Go for Less Luxury
from The Washington Times
Double-digit price slashing, shopping spree raffles and other giveaways aren't limited to discount stores as upscale retailers are doing what they can to entice shoppers in what's shaping up to be the worst holiday season in years. Luxury sales fell nearly 5 percent year-over-year in September, 20 percent in October and more than 24 percent in November, according to a SpendingPulse survey by MasterCard Advisors. More