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US jewellery sector shrinks again in final quarter of 2024

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The US jewellery sector shrank again during the final quarter of 2024, with 753 fewer retail, wholesale and manufacturing businesses than there were a year earlier.The Jewelers Board of Trade (JBT), which provides commercial credit information, today (16 January) announced a 3.2 per cent reduction, a marginal improvement on the 3.3 per cent stop during the previous quarter.

There are currently 17,124 jewelry retailers in the US, 3,824 wholesalers and 2,155 manufacturers, according to the JBT statistics, which take account of new businesses as well as ceased operations.

During the fourth quarter, 158 businesses stopped trading. Of those, 23 were sold or merged (mostly retailers). There was only one recorded bankruptcy.A total of 90 new retailers opened during the quarter, together with eight wholesalers and five manufacturers.

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Van Cleef & Arpels Gives Its Iconic Alhambra a Pink Enamel Makeover

The Maison Introduces Five New Alhambra Creations Featuring Translucent Pink Enamel and Yellow Gold

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Van Cleef & Arpels has unveiled a vibrant new chapter for its iconic Alhambra collection, introducing translucent pink enamel to the signature four-leaf clover motif for the first time. The new creations combine the Maison’s emblem of luck with yellow gold, bringing a fresh, contemporary expression to the enduring design.

The new five-piece selection comprises a Vintage Alhambra pendant, five-motif bracelet, 10-motif necklace, 20-motif long necklace and Magic Alhambra two-motif earrings. The earrings additionally feature guilloché yellow gold, adding texture and contrast to the pink enamel.

The distinctive pink is the result of several years of research at Van Cleef & Arpels’ enamel workshops. Inspired by the historic 17th-century “gold-ruby” technique, the colour is created using fine particles of gold rather than traditional pigments. Carefully controlled particle size, shape and concentration produce the desired translucent hue.

Adding to its visual depth, the enamel contains tiny bubbles, giving each Alhambra motif a distinctive character while creating subtle variations as the surface catches and reflects light. The motifs are framed by the Maison’s signature gold beaded contours, further enhancing the interplay between the pink enamel and yellow gold.

Since its debut in 1968, Alhambra has continually evolved through different stones, materials and colours while retaining its instantly recognisable four-leaf clover silhouette. The introduction of enamel marks another significant step in that evolution, bringing together heritage craftsmanship, technical innovation and contemporary colour.

With its new pink interpretation, Van Cleef & Arpels continues to reinvent one of jewellery’s most recognisable motifs, demonstrating how traditional savoir-faire can give a familiar icon an entirely new expression.

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