International News
Jewelers of America announces 2025 Gem Award Winners
Jewelers of America (JA) presented accolades to Lux Bond & Green CEO John Green, FoundRae chief Beth Hutchens and Chanel at the 23rd annual Gem Awards last week in New York. Green received the Lifetime Achievement Award.
Taking home the High Jewelry Excellence Award at the March 14 event was Chanel. Meanwhile, the JA revealed the winners in the remaining categories live during the black-tie gala. Beth Hutchens, CEO of jewelry company FoundRae, won the Gem Award for Jewelry Design. Other nominees in the category were Sophie Bille Brahe and Selim Mouzannar.
The prize for Media Excellence went to Sam Broekema, editor in chief of the Natural Diamond Council’s Only Natural Diamonds. Paige Reddinger, watch and jewelry editor at Robb Report, and Trace Shelton, editor in chief of Instore, also received nominations in the category.
Reinhold Jewelers picked up the Gem Award for Retail Innovation. Yael Reinhold, granddaughter of founder Marie Helene Reinhold, and sales, marketing and buyer director Mildred Marcano accepted the tribute. Fine-jewelry brand Bernard James and Chicago-based jeweler and Rolex dealer CD Peacock were also nominated in that category.
International News
US Holiday Shopping Expected To Top $1 Trillion For The First Time: NRF
While Overall Buying Power Remains High, Ongoing Inflation and Rising Household Costs Mean Some Families Will Have To Watch Their Spending More Carefully Than Others
The National Retail Federation (NRF) predicts Americans will spend $1.01 trillion on holiday shopping in November and December. That is a 4.2% jump from $972 billion last year.
NRF said its forecast was based on economic modeling that incorporates consumer spending, employment, wages and ​historical retail sales data. It excludes automobile, gasoline and ​restaurant sales
​Extra Hiring: To handle the surge in shoppers, stores plan to hire 325,000 to 375,000 temporary holiday workers.
​Mixed Budget Impact: Higher gas prices and inflation could still strain some family budgets, affecting low- and high-income shoppers differently.
​Retailers expect a strong shopping season because people continue to make holiday spending a priority.
Store owners are ready to attract shoppers by offering competitive prices, deals, and choices for every budget.
While overall buying power remains high, ongoing inflation and rising household costs mean some families will have to watch their spending more carefully than others.
Belgian Consul General H. E. Mr. Pierre Stverlynck Graces BDB Annual Day Â
Limelight Lab Grown Diamonds Crosses 100 Stores Milestone This Dussehra: Targets 200 In 2027
Joyalukkas Opens Its 2nd Bengaluru Showroom in Jayanagar
US Holiday Shopping Expected To Top $1 Trillion For The First Time: NRF
Belgian Consul General H. E. Mr. Pierre Stverlynck Graces BDB Annual Day Â
Limelight Lab Grown Diamonds Crosses 100 Stores Milestone This Dussehra: Targets 200 In 2027
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International News1 day agoUS Holiday Shopping Expected To Top $1 Trillion For The First Time: NRF
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National News18 hours agoBelgian Consul General H. E. Mr. Pierre Stverlynck Graces BDB Annual Day Â
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National News19 hours agoLimelight Lab Grown Diamonds Crosses 100 Stores Milestone This Dussehra: Targets 200 In 2027
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New Premises20 hours agoJoyalukkas Opens Its 2nd Bengaluru Showroom in Jayanagar
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