International News
US Watch and jewelry sales remain steady in March, overall increase of 0.4 percent
US Watch and jewelry sales remained steady in March, with a slight overall increase of 0.4 per cent, according to the latest US Department of Commerce figures. Jewelry sales rose slightly, while
Watch and jewelry sales in the US remained steady in March, with a slight overall increase of 0.4 per cent, according to the latest US Department of Commerce figures. Jewelry sales rose slightly, while watch sales dipped, as consumers opted for higher-priced items, but bought fewer of them.
In February overall sales increased by just 0.2 per cent and in January they fell by 1.0 per cent
The US government’s BEA (Bureau of Economic Analysis) reported a 0.7 per cent increase in consumer spending in March, the biggest increase for two years, but said it was largely driven by a rush to buy cars before US reciprocal tariffs forced prices up.
Watch and jewelry sales have been characterized by very modest increases in recent months, following on from a year of sustained growth – 10 per cent or more in some months – as shown below.
Reciprocal US tariffs – announced in April, then paused until July – will almost certainly hit sales, as producers forced to either absorb the costs or pass them on to consumers.
International News
Swiss International Gemlab Launches with Proprietary AI for Precise Colored Gemstone Grading
Swiss International Gemlab promises Faster, More Accurate Certification, Ensures Report Consistency
Three veteran gemologists today announced the opening of Swiss International Gemlab (SIG), a cutting-edge facility leveraging proprietary artificial intelligence (AI) to enhance grading accuracy and consistency for colored gemstones.
Founded by Willy Bieri, Lawrence Hahn, and Matthias Alessandri—senior experts who have collaborated for over a decade—SIG will operate from state-of-the-art locations in Lucerne, Switzerland, and Hong Kong. The lab promises faster results, unmatched transparency, and scientific rigor, insulated from external influences.
SIG delivers a full spectrum of services, including gemstone identification, origin determination, treatment analysis, and advanced color grading. At its core is SIG-AI Assistance, a proprietary system that cross-references analytical data against structured databases to detect anomalies, ensure report consistency, and slash interpretation time.
With a standard turnaround of five business days—plus expedited options for urgent needs—and real-time status tracking, SIG sets a new benchmark for efficiency and reliability in gem certification. The lab will make its global debut at this year’s GemGenève in May, offering on-site services to industry professionals.
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