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AGTA ePrism
Feb. 11, 2009
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Moonstone's New Day
from AGTA
Lately, doesn't it seem like moonstone is on the fingers, necks, and wrists of Hollywood A-listers everywhere? Well, it doesn't just seem that way - it is. Like Tory Burch sandals or the Louis V. bag, a moonstone-something has become the must-have in every fashionable woman's wardrobe. It's an interesting trend because not since the mid-1920s has moonstone been so wildly popular. Back then, legendary master goldsmiths like Tiffany and Lalique paid homage to the translucent gem, making dramatic (now historic) pieces centered around it. So why moonstone and why again now? More

A. Kleiman and Company

2009 Oscar Jewelry Predictions
from Fashion Time Magazine
Hollywood’s stylish starlets will descend upon the Kodak Theater for the 81st annual Academy Awards on February 22, 2009. The red carpet will be emblazoned with media and photographers taking photos of actors and actresses, as fashion columnists frantically write down “who is wearing what.” The goal of the stars? To make every media outlet’s Best Dressed List. That being said, what can we expect to see on the red carpet? More

Dubai Pearl Forum Stresses Opportunity
from JCK Jewelers Online
Regional and international pearl experts from 20 countries will come together for the inaugural World Pearl Forum, being held Feb. 17-18, at the Atlantis hotel, Palm Jumeirah in Dubai. Hosted by the Dubai Pearl Exchange, a subsidiary of the Dubai Multi Commodities Centre, the forum seeks to harness the experience of more than 25 experts from across the globe at a single forum, to discuss the collective growth strategy for pearls in view of the issues, latest initiatives and developments that affect the global pearl trade. More

Kimberly Collines Colored Gems

Happy Hearts? Maybe Not
from Florida Today
Spending on Valentine's Day might be pared down a little this year because of what's turning out to be a heartless economy. The National Retail Federation's 2009 Valentine's Day Consumer Intentions and Actions survey found that consumers plan to spend an average of $102.50 on Valentine's gifts and merchandise, down from last year's $122.98 per person. Total Valentine's Day spending is expected to reach $14.7 billion after hitting $17 billion in 2008. "This year more than ever, consumers will look for creative and inexpensive ways to show those they love how much they mean to them," Tracy Mullin, the National Retail Federation's president and chief executive officer, said in a statement. More

Fashion Week Makes It Work
from New York Magazine Fashion Blog
The fashion world heads into next week’s shows amidst a steady drip feed of bad news. Guest lists have been cut in half. Alexander Wang, Calvin Klein, and even Marc Jacobs canceled their parties. Obedient Sons & Daughters, Searle, Bill Blass, and Kira Plastinina went broke. Tracey Ross’s store closed. Neiman Marcus, Saks, Chanel, and Burberry have all seen layoffs. Big names like Vera Wang, Betsey Johnson, Monique Lhuillier, Naeem Khan, and Carmen Marc Valvo are forgoing the extravagance of the Bryant Park tents for something quieter. Yet the recession is fostering an improvisational atmosphere that's focused on finding ways to maintain fashion’s extravagant soul despite reduced circumstances. More

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Losses Mount on Credit Cards for Retailers
from The New York Times
Though only a small corner of the credit card market, cards that can be used only at a single retailer are quickly turning into a big headache for their issuers. The cards, known in the industry as private label credit cards, tend to be held by riskier borrowers with fewer credit options. Losses on the cards are rising at a faster pace than the broader credit card market - reaching a three-year high of 10.51 percent in January, according to Fitch Ratings, up 44 percent from a year ago. That compares with general credit card losses of 7.5 percent, up 40 percent from the year before. While private label cards account for only about 11 percent of all credit card loans outstanding, their troubles offer a window into the deteriorating finances of some of the most distressed Americans. And the losses may prove to be a warning of deeper problems ahead for general cards as the economy weakens and unemployment climbs. More

Nine Fashion Must-Haves for Spring
from KNXV-TV
There's no better way to celebrate the arrival of spring than with a new wardrobe. It's safe to say that all women love fashion and there are some trends that are coming for next season you are going to love! Ken Downing, Fashion Director at Neiman Marcus says its easy to welcome the new season into your wardrobe if you bring the following nine fashion trends for spring into your closet. More

Pearls for Girls

Saks Upends Luxury Market With Strategy to Slash Prices
from The Wall Street Journal
When Saks Fifth Avenue slashed prices by 70 percent on designer clothes before the holiday season even began, shoppers stampeded. "It was like the running of the bulls," says Kathryn Finney, who says she was knocked to the floor in New York's flagship store by someone lunging for a pair of $535 Manolo Blahnik shoes going for $160. Saks's deep, mid-November markdowns were the first tug on a thread that's now unraveling long-established rules of the luxury-goods industry. The changes are bankrupting some firms, toppling longstanding agreements on pricing and distribution, and destroying the very air of exclusivity that designers are trying to sell. More

A.B.C. Gems

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