E-Commerce DevelopmentsU.S. 3Q online retail spending dips 2 percentReston, Va.--U.S. online retail spending dropped 2 percent in the third quarter to $29.6 billion, representing the first time on record that consecutive quarters have seen negative e-commerce-spending growth compared with the same quarter the year prior, according to the latest report from ComScore. Read More Jury rules against Blue Nile in Yehuda suitSeattle--A federal jury in Seattle recently ruled against Blue Nile Inc.'s $60 million lawsuit accusing The Yehuda Diamond Co. of false or misleading advertising because of its price comparisons with the online jeweler, according to a Yehuda news release. Read More Study: TAG, Tiffany tops in digital competenceNew York--TAG Heuer and Tiffany and Co. top the watch and jewelry categories, respectively, in a new study that measures luxury brands on their digital competence. Read More E-tailers to focus on social media this holidayOnline retailers will emphasize social media and free shipping this holiday season in an effort to encourage uncertain shoppers to spend, a new survey shows. Read More Study: Online retailers profitable in 2008Washington--Despite a deteriorating economic environment in 2008, coupled with the worst holiday season in decades, 57 percent of online retailers surveyed for Shop.org's "State of Retailing Online 2009" reported they were more profitable in 2008 than 2007. Read More Paragon Lake announces unique jewelry giveawayLexington, Mass.--Paragon Lake, creator of the Virtual Display Case, has launched a contest that will allow winners to take home a piece of jewelry that is literally like no other. Read More Report: French court orders eBay to pay LVMHParis--A Paris tribunal has found that online auction site eBay Inc. violated LVMH Moet Hennessy Louis Vuitton SA trademarks in keyword searches, Reuters reports. Read More Study: Today's Internet jewelry consumerPaso Robles, Calif.--MVI Marketing Ltd.'s consumer-research division, the Jewelry Consumer Opinion Council, has published a white paper defining the four faces of today's Internet jewelry consumer, as well as the opportunities jewelry retailers, brands and e-commerce Web sites have with each of these consumer types. Read More Blue Nile launches fully redesigned siteSeattle--Online jewelry retail giant Blue Nile announced on Tuesday the launch of a newly redesigned Web site, which offers new innovative features, enhanced product visualization, advanced search capabilities and expanded product detail. Read More Survey: Consumers committed to favorite Web sitesWashington--The economic downturn hasn't caused consumers to disconnect from their favorite Web sites, a new survey by Stores magazine shows. Read More Daniel's launches video gold-receiving serviceLynbrook, N.Y.--Refinement Services LLC, the developer of a Web-based gold-buying transaction management platform and a patent-pending video gold-receiving process, has reeled in another big customer, helping 56-store California chain Daniel's Jewelers launch an online gold-buying program. Read More JewelrySpotter.com launches first consumer videoPaso Robles, Calif.--JewelrySpotter.com, the new jewelry search engine that specializes in spotting jewelry deals for consumers, has just released the first video in a series aimed at introducing shoppers to its services. Read More Pearl company hosts necklace giveaway via TwitterBoston--Online pearl company Museum Way Pearls is hosting a $1,500 pearl necklace giveaway via a treasure hunt on social networking and microblogging service Twitter. Read More Zale debuts online custom engagement ring serviceZale Corp. has launched The Prestige Diamond Collection, an online custom engagement ring service that gives consumers access to thousands of diamonds and settings. Read More Online retail sales down 1 percent in 2QReston, Va.--U.S. online retail spending continued to show a lack of growth in the second quarter, decreasing 1 percent to $30.2 billion compared with the same period last year, according to the latest report from ComScore Inc. Read More Online jeweler settles suit with top designersNew York--A judge has issued an injunction that prohibits OverstockJeweler.com from using the trademarks or selling jewelry that infringes on the copyrights of a group of high-profile jewelry designers who sued the online retailer. Read More Cash for Gold USA now offering cash for diamondsSharon, Mass.--Cash for Gold USA has launched Cash for Diamonds USA in response to growing demand from consumers looking to turn their diamonds into cash. Read More Bidz.com offers bill-me-later optionCulver City, Calif.--Online jewelry auction site Bidz.com announced recently that is has made Bill Me Later's "no payment for 90 days" option available to eligible U.S. consumers making purchases on Bidz.com and Buyz.com. Read More JewelrySpotter.com to launch consumer videosPaso Robles, Calif.--JewelrySpotter.com, the search engine that specializes in spotting jewelry deals on the Internet, is producing a series of 30-second videos to introduce consumers to its services. Read More Kay Jewelers introduces Kay Gold ExchangeAkron, Ohio--In response to many requests from customers looking for a secure way to exchange their gold jewelry for cash, Kay Jewelers has launched the Kay Gold Exchange. Read More Blue Nile terminates three affiliate programsSeattle--Blue Nile Inc. has confirmed to National Jeweler that it is halting its affiliate programs in three states due to changes, or pending changes, to state sales-tax laws. Read More LVMH-owned eLuxury shuttering retail operationsSan Francisco--Web site eLuxury, a destination for high-end designer closeout apparel, shoes and accessories that's owned by Moet Hennessy Louis Vuitton LVMH, has closed down its retail operations and plans to convert to an "editorial destination" for information on the luxury market. Read More Mother's Day, graduation boost jewelry sitesMother's Day and graduation gave a huge boost to gift-related Web sites in May, including those of retail jewelers, according to the latest report from ComScore. Read More Blue Nile, Bidz remain top jewelry e-tailersChicago--Blue Nile and Bidz.com are once again the largest online jewelry retailers, Internet Retailer's latest Top 500 Guide shows. Read More Lost, unclaimed jewels and watches yield millionsMission Viejo, Calif.--Wholesalers, retailers and savvy consumers alike cheerfully become buyers of stolen goods on a regular basis, thanks to PropertyRoom.com. Read More |
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