Report: Luxury goods face first recession
New York--The luxury goods market, once thought immune to the ebbs and flows of economic fluctuations, has begun to feel the effects of the worldwide economic slowdown and will likely enter a...
Report: Luxury goods face first recession
New York—The luxury goods market, once thought immune to the ebbs and flows of economic fluctuations, has begun to feel the effects of the worldwide economic slowdown and will likely enter a...
Survey: Consumers say U.S. recession is here
Schaumburg, Ill. —Concerned about debt and their jobs, a whopping 85 percent of U.S. consumers believe the country is currently in a recession, and more than of a third listed the economy as...
IIJS Signature 2009 set for February
Mumbai, India-- Despite the worldwide economic slowdown, the Gem and Jewellery Export and Promotion Council (GJEPC) is moving forward with its 2009 schedule, starting with the second IIJS Signature...
Study: Consumer spending lowest since 2001
New York—With house prices falling nearly 12 percent in March and unemployment claims increasing 9.8 percent in the same period, consumer spending has reached its lowest level since 2001,...
Analysis: How will the economy impact jewelry?
I've been trying to get a handle on the economy. Once I finally got hold of it, I tried to forecast the short-term direction of the jewelry industry. Quite a task.
Gold prices dominate spring buying plans
New York—Retailers strolling the aisles at the JA New York Winter Show presented a mixed picture of expectations for 2008, a year overshadowed by the threat of recession and increasing gold...
Van Cleef sees gold shine through economic clouds
Luxury jeweler Van Cleef told Reuters that strong gold prices will keep the intrinsic value of jewelry high, World Gold Council reported.