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AGTA ePrism
March 18, 2009
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AGTA GTC Laboratory Update
from The AGTA Gemological Testing Center
One of the great parts about going to the AGTA GemFair™ Tucson each year is the diversity of gemstones. The AGTA Gemological Testing Center would like to share some of the gemstones that were presented to our mobile lab in Tucson this year, along with some synthetic and treated gemstones that were also examined. More

A. Kleiman and Company

AGTA GemFair Seminars Now Available on DVD
from AGTA
The American Gem Trade Association (AGTA) recorded the AGTA GemFair™ Tucson Seminar Program for the first time this year using a new technology that combines audio recording synched with the speaker’s PowerPoint presentation. The Association is distributing complimentary copies of the 25-seminar DVD-Rom to every member company and is making the recordings available to non-members for a nominal fee. “A large part of AGTA’s mission is keeping our members, and the industry as a whole, informed about current issues, trends and better ways of doing business,” stated Douglas K. Hucker, AGTA CEO. “This series of seminars accomplishes all of these things by providing an incredible wealth of information by the most knowledgeable presenters in our industry and beyond.” The single DVD-Rom contains subjects ranging from gemology to estate jewelry to color trends to sales, marketing and buying tips. More

Tanzanian President Announces New Mining Sector Laws
from Luxist
According to This Day, the Tanzanian government plans to table a parliamentary bill for amendment of the country’s diamond mining legislation according to recommendations submitted by the presidential mining sector review committee. The committee’s report proposed that royalties on rough diamonds and gemstones, such as tanzanite, should be increased to 7 percent from the current 5 percent, and 3 percent royalties on cut and polished diamonds should be charged. More

Bulgari to Cut Jobs, Close Stores
from Luxist
Famed Italian jeweler and luxury goods firm Bulgari plans to cut jobs, close stores and pare down its collections in the wake of a disastrous 45 percent drop in profits. The company, which was founded in 1884, has seen its watch business suffer badly in the economic downturn. More

Kimberly Collins Colored Gems

JA Urges Reintroduction of Sales Tax Fairness and Simplification Act
from IDEX
U.S. jewelry trade association Jewelers of America is urging the U.S. Congress to reintroduce and pass the Sales Tax Fairness and Simplification Act, which would permit states to require that remote sellers, such as Internet companies, collect and remit sales and use taxes. Currently, U.S. states are not permitted to require that remote sellers collect these taxes. More

Bye Bye to Bling Bling? How to Market Luxury in a Recession
from Conde Nast Portfolio
As the reality of the economy sinks even deeper into consumer consciousness, the concept of luxury has gone from a badge of honor to a private indulgence. While there are some who continue to purchase designer bags and shoes with four-digit price tags, many consumers have said it somehow feels wrong to shop, even if their wallets haven't thinned out. More

Tiffany Abandons Iridesse Pearl Jewelry Chain
from Bloomberg
Tiffany & Co., the world’s second- largest luxury-jewelry retailer, has decided to shutter its five-year-old chain of Iridesse pearl-jewelry shops after it lost money and posted disappointing sales. Tiffany will close the 16 stores after it reaches agreements with landlords to end the leases and sells the inventory spokesman Mark Aaron said. More

   Featured Article:
  Identifying and Pricing Clarity Enhanced Diamonds

In a diversion away from colored gems, this article will delve into the clarity enhancement of diamonds. Even colored gem dealers are faced with diamond issues as they often mount the gems with accents of diamonds. The clarity enhancement of diamonds is an inexpensive, easy to detect, method of improving the appearance of some lower graded diamonds. More info

Pantone Big for ‘09
from Black Book
Sea Vees, the LA-based brand that launched just last year, draws inspiration for its sneakers from 1960s California cool (think Top-Siders-meets-Keds). And, this season, they're showing Pantone some love with a collection of kicks colored in Pantone-approved shades. More

Bankrupt Jeweler’s Employees Plan Protest
from The Associated Press via Providence Eyewitness News
Former employees of bankrupt Rhode Island jewelry maker The Colibri Group plan to protest an auction of the company’s assets. The sale of high-end cigarette lighters, cuff links, clocks and other items is scheduled for Thursday at the company’s former headquarters in East Providence. The protest is scheduled for Wednesday at the same site. More

JVC to Present 'Basics of Memo Transactions' at Instore
from The Jewelers Vigilance Committee
The Jewelers Vigilance Committee (JVC) and The Jewelers Board of Trade (JBT) will present “The Basics of Memo Transaction – The Dos and Don’ts of Trading on Memo” at The Instore Show, Navy Piers, Chicago, Monday, April 20, 2009. Attendees will receive a copy of “The Essential Guide to ‘Memo’ Transactions” a new publication in the JVC series of essential guides to legal compliance in the jewelry industry. More

Jewelers Mutual Insurance

A.B.C. Gems

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